Attijariwafa bank

Morocco’s OCP plans international bond sale

Morocco’s phosphates and fertilizers producer OCP plans to issue a dual-tranche bond of 5 and 10 years, Reuters reported. OCP has mandated Citi and JP Morgan to arrange the bond sale, the agency reported without adding details. In February last year, OCP completed the issuance of an additional $300 million bond, linked to the group’s […]

Egypt: human organ trafficking network busted

Egyptian authorities announced Tuesday they dismantled a ring of human organ traffickers including renowned doctors, hospitals. The operation which targeted several heath centers also helped to seize millions of dollars as well as computers. At least 25 people including organ buyers, middle men and the doctors were arrested by the country’s Administrative Control Authority and […]

Mauritania: Malaysian Petronas quitting business

Malaysian oil company Petronas has started pulling back and is about to end its operation in Mauritania due to sharp fall in revenues caused by the acute collapse of oil price. The company had notified Mauritanian authorities in February that it would stop its oil exploitation. The company has started disassembling its offshore oil platform […]