us assistant secretary of state David_K._Schenker_

OCP Gleans $ 1.5 billion to Finance Large-Scale Investment Programs

L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]

Tunisia: Promotion of smart investment in education to ward off extremism

Tunisia’s Premier Najla Bouden Wednesday indicated that her country is keen to make smart investment into education as part of efforts to get rid of extremism. “Tunisia is committed to supporting smart investment in education and training, exploring alternative sources of funding, and encouraging public-private partnerships to invest in the future of our children,” she […]

Sudan’s RSF advanced on Port Sudan

Sudan’s paramilitary Rapid Support Force (RSF) took control of strategic towns as they advance on Port Sudan, where the Sudanese army and UN agencies are based. The advance marks an inroad for the RSF in its war with the Sudanese army, which broke out in April last year, with no end in sight. “We have […]