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OCP Revenues Grow 15% in H1 2018
Morocco’s phosphates company saw its revenues grow by 15% in the first half of the year to 26,599 million dirhams ($2.86 billion). Revenues increased from 23,152 million dirhams last year as the company continues to invest in Africa where it plans the setting up of fertilizer plants in Ethiopia and Nigeria. “This sales growth was […]
Uganda drops Chinese firm from $2.2bn railway deal, turns to Turkish rival
Uganda has begun to court Yapi Merkezi, a Turkish firm, that is building the Tanzanian railway for financing and construction of a railroad after it cancelled all contractual work it had earlier signed with China Harbor Engineering Company. The east African nation has canceled the deal it signed with the Chinese company to build a […]
Spanish FM refuses to acknowledge responsibility in undermining ties with Morocco
Spain’s foreign minister Arancha Gonzalez Laya insists on ignoring the root causes of the crisis with Morocco and continues to raise question marks regarding Spain’s moves to undermine Morocco’s territorial integrity. In a recent interview with La Vangardia, the minister still rehashes old statements to dismiss herself from responsibility in triggering one of the worst […]



