Morocco mandates banks for its Euro bond

Morocco has mandated Barclays, BNP Paribas, JPMorgan, Natixis to hold meetings with investors for its upcoming Euro bond, Bloomberg reported. The bond will help Morocco pay back 1 billion euro bond that will reach maturity next month.   Central bank governor Abdelatif Jouahri said Morocco will issue the bond this year in euro without giving […]

Uganda set to begin oil drilling after French court dismisses case against TotalEnergies

A French court has dismissed a landmark lawsuit against controversial TotalEnergies projects in east Africa, which was filed by six French and Ugandan activist groups in 2018, using a 2017 law on multinationals operating outside France. This was the first time that NGOs tried to halt an oil project through a Paris courthouse. As Uganda […]

Algeria’s diplomatic fiasco under Attaf

Algeria’s impulsive military-guided diplomacy has sown wind and reaped whirlwind. The newly appointed foreign minister Ahmed Attaf has returned empty handed from Germany and Serbia to mention but a few trips in which he failed to win support for the separatist polisario front. Soon after his visit to Germany and Serbia where he met their […]