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Tunisia : Nidaa Touness to govern with “democratic family”

With secular party Nida Tounes poised to win the parliamentary elections ahead of the official results expected to be announced before Friday, the debate over a coalition led government has emerged. Moderate Islamist party Ennahda is considered to be the runners-up of the elections and could therefore assure a stable government but Beji Caid Essebsi, […]

Morocco’s OCP reports record $8.37 billion in Q3 revenue

Morocco’s phosphates and fertilizers exporter OCP said its revenue up to September this year grew to 89 billion dirhams or 8.3 billion dollars after the increase in prices and demand in the international market. This performance marks a 55% increase compared to the same period a year earlier thanks also to decreasing Chinese exports, OCP […]

Kenya and Uganda win $2bn railway arbitration case in London

Kenya and Uganda have secured a major legal victory after the London Court of International Arbitration (LCIA) dismissed a $2 billion claim filed by Rift Valley Railways (RVR) consortium over a terminated railway concession. The dispute stemmed from a 25-year agreement signed in 2006, granting RVR the right to manage and operate the 2,350-kilometer Kenya-Uganda […]