Morocco’s OCP posts 72% rise in first half revenue

Morocco’s phosphates and fertilizers producer OCP said its revenue in the first six months rose 72% to a record 56 billion dirhams at a context of higher demand and higher prices in the international market. Fertilizers prices rose in the first half of this year due to supply disruption resulting from the war in Ukraine […]

ECOWAS single currency launch delayed beyond 2027 deadline — WAMZ boss

The expectation for an ECOWAS single currency to be launched by 2027 is no longer realistic, according to the director-general of the West African Monetary Zone (WAMZ), Olorunsola Olowofeso, who imputed the delay to the inability of all the WAMZ member states to meet all the required criteria. “The quest for a single currency by […]

Africa confronts cybercrime wave following major Interpol operation

Interpol’s Operation Serengeti 2.0 has exposed Africa’s vulnerability to cybercrime, resulting in 1,209 arrests across 18 African nations and the United Kingdom, recovering $97.4 million from schemes affecting nearly 88,000 victims. The August 22 announcement highlights escalating digital threats including inheritance scams, ransomware, and business email compromise across the continent. The operation’s success underscores cybercrime’s […]