Ethiopia – EU flags

Rabat-Abu Dhabi fostered partnership, a boon for Morocco’s infrastructure sector

Relations between Morocco and the UAE are like a flowering tree planted by the forefathers of the two nations, King Hassan II and Sheikh Zayed, and watered by their sons King Mohammed VI and Sheikh Mohammed Bin Zayed. Although visits by the two leaders abound, the most recent visit by King Mohammed VI is like […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports

Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]