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Moroccan phosphate producer to raise $500mn in domestic bond issue

  Reuters Morocco’s Cherifien des Phosphates (OCP), one of the world’s biggest phosphate producers, plans to issue 5 billion dirhams ($495 million) of domestic perpetual bonds, the stock exchange regulator said. State run OCP, a major earner of foreign currency for Morocco, has been increasing output to help offset a slide in prices and aims to produce 47 million tonnes ...

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Tunisia’s leader vows to deliver on demands of revolution

  Bloomberg Tunisia’s prime minister said it’s time the government delivered on the long-ignored demands of protesters whose 2010 revolt swept an autocratic ruler from office and sparked the Arab Spring. Unemployment, pay and inequality were the main drivers of the Jasmine Revolution, and six years later unrest is again festering after previous administrations focused on cementing the nation’s transition ...

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Sun setting on Japan’s solar energy boom

  Chiba / AFP The sun is setting on Japan’s clean-energy boom, despite projects like a massive floating solar farm near Tokyo, as the government cuts subsidies and bets on nuclear and coal-fired power, critics say. Workers at the floating power station, one of the world’s biggest, have just finished laying about 50,000 interconnected panels on a vast dam reservoir. ...

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