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Mauritania: President Ould Abdel Aziz promises to quit power in 2019

Mauritanian President Mohamed Ould Abdel Aziz has promised to quit power at the end of his term in 2019, reports say. President Ould Abdel Aziz announced his decision during a meeting with Western diplomats accredited to Nouakchott. Former army general Ould Abdel Aziz came to power following a military coup in 2008 which toppled former […]

Morocco’s Tourist Arrivals Jump 9% in First Half of 2017

Tourist arrivals in Morocco in the first half of 2017 have grown 9% compared to the same period last year to stand at 4.6 million tourists, the tourism ministry said. International tourist arrivals increased 14% while Moroccans living abroad visiting their homeland rose by 3%, the ministry said in its latest statistics covering the January-June […]

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 […]