SPA awards

UNCTAD: Morocco, an exemplary domestic automotive industry

The UN Conference on Trade and Development has praised the progress made by the automotive industry in Morocco, which is now positioned as a production platform with the entry of several groups, including German Motor Distributors, Renault, Snop (parts and components supplier), Stellantis, Sumitomo Electric Wiring Systems and Yazaki. In its “Economic Development in Africa” […]

UN plans to raise $1.6 billion for Zimbabwe by 2020

The United Nations plans to raise $1.6 billion from donors in favour of Zimbabwe between 2016 and 2020, to improve agriculture, food security, health and governance in Zimbabwe between 2016-2020, its resident coordinator in Zimbabwe, Bishow Palajuli, said on Friday 29th May. Bishow Palajuli, the UN’s resident coordinator in Zimbabwe said the global agency had […]

OCP’s 2017 Revenues Hit 48.5 bln Dirham

Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]