Keywords: Investment program


BNY Mellon named financial agent for new Trump accounts program

The U.S. Treasury Department announced that the Bank of New York Mellon (BNY Mellon) has been selected as a financial agent to support the rollout of the new Trump Accounts program. BNY Mellon will assist in developing the Trump Accounts application and manage the initial accounts, while Robinhood will......

OCP revenues climb to $5.45 billion in first half of 2025 as fertilizer demand surges

OCP Group, Morocco’s state-owned phosphate and fertilizer producer, recorded strong financial results in the first half of 2025, driven by higher export volumes, robust demand across key markets, and growth in customized fertilizer solutions. Revenues and profitability The Group posted revenues......

Morocco secures €202 million to modernize Casablanca's rail network

Morocco’s National Railway Office (ONCF) has secured €202 million in financing from Germany's KfW Development Bank to upgrade the Greater Casablanca railway network. This funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain......

Nauru's golden passport program struggles to attract buyers

For $105,000, individuals can secure citizenship in Nauru, a small island nation in Micronesia, Oceania. This "golden passport" initiative, launched on August 7, aims to trade citizenship for investments to combat climate change. However, the program has seen limited interest, with only six......

OCP Group Plans MAD 5 Billion Bond Issuance to Fund Green Investment Program

OCP Group, Morocco's leading phosphate company, is preparing to issue bonds worth MAD 5 billion from December 10 to 12, 2024. This move aligns with the company's ongoing green investment strategy for 2023-2027, which has a substantial budget of MAD 130 billion. The Moroccan Capital Market Authority......