OCP Group, world leader in the phosphate and derivatives market, has sealed a partnership agreement with German Fraunhofer institute for the setting up in Morocco of a world-class research Laboratory dedicated to the development of sustainable solutions. First of its kind in the North African Kingdom, the Lab will be based in the Mazagan Urban […]
Moody, a Credit-ratings agency has downgraded Egypt’s government bond ratings by one notch from B2 to B3, citing the intensification of civil unrest and sliding foreign exchange reserves. It also added that it is maintaining the rating on review for further possible downgrade. According to the agency, the reason behind the decision “is the country’s […]
The United States had delivered more than 40% of commitments made at the United States-Africa Leaders Summit (USALS) one year ago, which hosted about 50 African heads of government in Washington DC, senior US government officers have said. Speaking during a digital press briefing on the one year anniversary (14 December), they pointed out that […]
