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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 […]

Tunisia hands Muslim cleric 21-year in prison sentence on terrorism charges

A court in Tunisia has pressed multiple-year prison sentences against four people including a Muslim cleric known as the figurehead of terror cell, on terrorism charges, Webdo Tunis reports. The court ruling came from Tunis Court of First Instance. The prison sentences range from 1 year to 21. The imam of Douar Hicher, a town […]

Morocco: Elections campaign kicked off on Thursday

The campaign for the legislative, regional and local elections scheduled to take place on September 8 kicked off on Thursday (00H00), marking the beginning of an important step towards the consolidation of democratic practice in Morocco.   The campaign, which will end on Tuesday, September 7 at midnight, is an opportunity for the 32 political […]