King Mohammed VI reiterated attachment to the firmly established principles and terms of reference on which the Moroccan position on the Sahara question is based, saying that settling the artificial dispute is only conceivable within the framework of Morocco’s “full sovereignty”. “No’ to any solution to the Sahara question other than within the framework of […]
In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign exchange reserves, which currently stand at $112 billion. As Algeria’s revenues continue to be battered by the slump in oil prices, Sellal, who was speaking in Annaba at a meeting […]
OCP Africa, a subsidiary of the Moroccan State-owned Phosphate OCP group, will set up a $ 6.3 million joint venture dubbed “Rwanda Fertilizer Company”, according to Maghreb Intelligence magazine. The OCP will have a 57.4 pc majority stakes in the company, while Agro Processing Trust Corporation Ltd (APTC) will hold 30 pc and the State […]
