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Oil: Shell, NNPC launch $10bn deep-water project in Nigeria
The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) have invited bidders to tender for a $10 billion deep-water project in the West African nation. The prospective bidders are invited to submit their applications packages that comprise engineering, procurement, and construction of the Bonga South West/Aparao (BSWA) project. The project […]
Libya: HoR grants confidence to PM Dbeibah’s GNU
Libyan PM Abdel Hamid Dbeibah’s Government of National Unity (GNU) was granted confidence by the House of Representatives (HoR) in its reunified and quorate session in Sirte this Wednesday. The GNU received 132 votes in favor, two abstentions – while 36 members did not turn up to Sirte at all, reports the Libya Herald. HoR […]
Morocco’s OCP becomes first African issuer of dollar hybrid bond, raises 1.5 billion
Morocco’s phosphates and fertilizer giant OCP has raised $1.5 billion through its first international hybrid bond, marking a milestone as the first African corporate to issue a US dollar‑denominated hybrid instrument on global markets. The landmark transaction also helped reopen Middle East and North Africa public primary bond markets, which had been dormant for more […]



