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 […]

Algeria intensifies crackdown on dissidents abroad

After quelling peaceful dissent at home, the Algerian military regime multiplied attempts to silence dissidents in exile using intimidation, kidnapping attempts, and harassment. Earlier this month, three prominent opinion makers Amir DZ, Anouar Malek, and Abdou Semmar all suffered intimidation by the government in a vain attempt to silence them. They have been active on […]

Morocco Seeking IAEA Emergency Meeting on Iran’s Attack Targeting UAE Barakah Nuclear Power Plant

Morocco is pushing for an emergency meeting of the International Atomic Energy Agency on Iran’s drones attack that targeted lately UAE’s Barakah nuclear power plant, according to press reports. The Moroccan move is backed by Saudi Arabia, Egypt and Jordan. The four Arab countries have requested an IAEA emergency meeting before June 5 to discuss […]