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Morocco’s OCP becomes first African issuer of dollar hybrid bond, raises 1.5 billion

Morocco’s phosphates and fertilizer giant OCP has raised $1.5 billion through its first international hybrid bond, marking a milestone as the first African corporate to issue a US dollar‑denominated hybrid instrument on global markets. The landmark transaction also helped reopen Middle East and North Africa public primary bond markets, which had been dormant for more […]

Sahara Forum: Morocco reaffirms commitment to Pan-African ideals of solidarity, cooperation, peace & development

Minister of Foreign Affairs Nasser Bourita reaffirmed, Saturday in Dakhla, Morocco’s commitment to the pan-African ideals of solidarity, cooperation, peace, and development, as well as its determination to consolidate, in line with the royal directives, the spirit of unity, solidarity and coordination on strategic themes of common interest for better integration and sustainable development of […]

Morocco Softens Regularization Requirements for Migrants

Morocco granted residency permits to 14,000 out of 28,000 applicants as part of the second phase of a migrant regularization campaign that lasted from December 2016 to December 2017. The softening of the regularization requirements was taken upon Royal instruction with the aim to help the remaining 15,000 applicants to have access to employment, social […]