migrants at sea

OCP Gleans $ 1.5 billion to Finance Large-Scale Investment Programs

L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]

Parties to Sahara conflict to hold third roundtable-UN

The parties to the Sahara conflict Morocco, Algeria, Mauritania and the separatist Polisario front will convene a third meeting to discuss a realistic, political, lasting and mutually acceptable solution to the over-four decade conflict, the UN Personal Envoy to the Sahara said. “Delegations engaged courteously and openly in an atmosphere of respect,” said the UN […]

Europe eyes DRC, Zambia, other African states, seeking critical mineral pacts to cut reliance on China

The European Union is finalizing partnerships with the Democratic Republic of Congo (DRC) and Zambia to boost local industries as the bloc wants to mine its way out of its heavy dependence on foreign powers like China for critical materials needed to power its green transition. A planned memorandum of understanding is widely seen as […]