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Morocco’s OCP secures a $350 million loan facility from Afreximbank

Morocco’s phosphate group, OCP, has secured a $350 million loan facility from the African Export-Import Bank (Afreximbank) that will support the Group’s expansion plans across Africa. The Pan-African multilateral EXIM Bank announced earlier this week the signing of the 7-year $350 million term loan facility to provide financing to OCP Group. The bank, through its […]

Algeria exports security threats to Sahel- SIPRI

Algeria has shown reluctancy to support its southern neighbors in their joint efforts to counter terrorism through the G5 force, the Stockholm International Peace Research Institute said in a recent study. Algeria “has shown itself willing to export security threats to Mali to secure its own territory and safeguard its oil and gas exploitation sites,” […]

World Cup2022: Morocco Make History, several Heads of State congratulate king Mohammed VI

Morocco has become the first Arab and African nation to qualify for the semi-finals of the world cup after beating Portugal 1-0 in a pulsating game played Saturday at Al-Thumama stadium. After the final whistle of the referee, several heads of state congratulated, during telephone calls, King Mohammed VI, for the Moroccan team’s historic qualification. […]