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UN Unveils $1bn 2026 Aid Blueprint as South Sudan’s Humanitarian Pressures Deepen

The United Nations Office for the Coordination of Humanitarian Affairs on Tuesday launched the 2026 Humanitarian Needs and Response Plan for South Sudan, warning that more than 10 million people may require assistance this year. The one-billion-dollar plan prioritizes around four million people facing the most acute risks, amid escalating violence, economic decline and the […]

Morocco aims to reduce energy consumption by 20%

Morocco said it targets a reduction of 20% in its energy consumption by 2030 in tandem with a plan to generate 52% of its electricity needs from renewables, Energy Minister Aziz Rabbah said. Morocco has launched an energy transition process in 2009 to develop renewable energies and energy efficiency while strengthening regional energy integration, said […]

Morocco’s OCP Group raises $2 billion from bonds sale

Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]