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Algerian culture minister resigns after five died at concert

Algeria’s culture minister Meriem Merdaci announced her resignation following a deadly stampede at a concert in Algiers in which five people died and dozens were injured.   The resignation was accepted by Algeria’s interim president Abdelkader Bensalah after the accident that highlights Algeria’s lack of experience in smoothly managing crowds.   An investigation has been […]

IMF : Morocco’s Economic Growth To Reach 4.4 PC in 2017

Morocco’s economic growth has picked up in 2017 and is expected to reach 4.4 percent mostly driven by a significant rebound in agricultural activity, said the International Monetary Fund (IMF). “Inflation has declined further and credit growth is recovering”, while the current account deficit is projected to improve in 2017 to 3.9 percent of GDP, […]

OCP, Attijariwafa Bank, Saham Finance Honored in Africa CEO Forum

Moroccan phosphate group OCP, Attijariwafa Bank and Saham Finances have been honored by the Africa CEO Forum convened lately in Abidjan, Côte d’Ivoire. OCP, a global market leader of phosphate and its derivatives, has received the “CSR Strategy of the Year” Award for respecting and implementing a Social and Environmental Responsibility policy. The CSR strategy […]