Egypt industry

Morocco’s OCP Group issues bond worth $1.5 billion

Morocco’s phosphates and fertilizer producer OCP Group raised 1.5 billion dollars in a dual tranch-bond that is aimed at boosting its growth strategy. The group has become a key player in fertilizer production and plans plants in Nigeria and Ethiopia as well as blending units across the continent. Demand for the bond, which was arranged […]

Air Arabia to Launch New Flights between Morocco and UK

Low cost carrier Air Arabia will start on October 28 offering five weekly flights between Morocco and the United Kingdom, bringing closer the two countries. The new non-stop service, which responds to an increasing passenger demand, will connect Moroccan cities of Casablanca and Tangier to London. The new weekly flights between Casablanca and London-Gatwick Airport […]

Militant Islamist violence in Sahel surges, contradicting juntas’ security claims

The number of people killed in Africa’s central Sahel region by insurgents, armed groups, state forces and foreign mercenaries has surged this year, according to data by The Armed Conflict Location & Event Data Project (ACLED), contradicting the claims by the military rulers of Mali, Burkina Faso and now Niger that they are tackling insecurity. […]