Morocco’s OCP plans its own ammonia plant worth $7 bln

Morocco’s fertilizer manufacturer, OCP, said it plans to invest 7 billion dollars in an industrial complex that will help it produce green ammonia from hydrogen produced from renewable energies in the southern region of Tarfaya. The project- which will also include a desalination plant- is part of the already announced $13 bln-project to fully shift […]

Morocco Overhauls Investment Fund Regulations with Comprehensive Legal Framework

Morocco has fundamentally transformed its regulatory approach to collective investment schemes, replacing three-decade-old legislation with Law 03.25, which establishes enhanced transparency, supervision, and investor protection aligned with international standards. The 1993 founding legislation served Morocco’s emerging financial market adequately during an era of limited actors and relatively simple financial instruments. However, as markets became more […]

Libya’s sixth airline unveiled despite few international destinations

A new Libyan airline, Free Falcon Air, will start operations next year from Zintan and Labraq airport, as a purely commercial carrier. The new Libyan carrier to be headquartered in Beida already possesses a Boeing 737 and is negotiating the purchase of another one. It will run regular flight between the Labraqa and Zintan as […]