Kumulus, a Tunisian startup operating in water industry, won Tuesday the European Bank for Reconstruction and Development’s startup competition AgVenture aiming at supporting innovative early-stage agribusiness technology ventures in the economies where EBRD invests. The challenge unveiled the names of the winners at EBRD Consumer Rules Summit held in Zagreb, Serbia. Kumulus produces and operates […]
The Moroccan economy has shown resilience in the face of the double impact of Covid-19 and drought last year and hence stands as one of the most dynamic in the region, Middle East and Central Asia Director at the IMF, Jihad Azour said. Speaking at a press briefing on the MENA region’s economic performance, Azour […]
The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]
