Algeria-CAN

OCP Group Posts Record 97 Billion Dirham Revenue in 2024

Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]

Clean Energy: UK increases aid to Africa

The United Kingdom has announced new funding to give more people and companies across Africa access to affordable, clean energy. The announcement was made lately by UK’s Minister for Africa, Harriett Baldwin. According to Ms. Harriett Baldwin, the new funding will see £30 million added to the Transforming Energy Access program, taking total UK investment […]

Nigeria: Buhari wins second four-year term in office in highly charged elections

The Nigerian Independent National Electoral Commission (INEC) Wednesday announced incumbent President Muhammadu Buhari winner of Feb. 23 presidential and parliamentary elections, while the opposition calls for a rerun over vote irregularities. INEC chairman Mahmood Yakubu said Buhari from All Progressives Congress (APC) won the Sunday presidential vote with 15,191,847 votes against 11,262,978 for his main […]