In a self-defeating decision Algerian bank association (ABEF) ordered in December a ban of all transactions involving transshipment through Moroccan ports. Few days later, in January, ABEF partly backpedaled on the decision excluding fresh produce and meat, while maintaining the ban of all transactions involving other non-perishable goods. The boycott generated “immediate and severe consequences,” […]
Leaders of both warring parties in Sudan have independently announced temporary ceasefires to coincide with the Muslim holiday Eid al-Adha amid escalating fighting in the Sudanese capital. As fighting continued raging across the Sudanese capital, Khartoum, on the eve of the Eid al-Adha Muslim holiday celebrated Wednesday, the two warring generals — Sudan’s army chief […]
The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]
