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OCP reports $2.67 Bln earnings in 1st Quarter 2022

The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]

South Africa eyes more energy purchase from Congo’s Inga III dam

South Africa plans to double the amount of energy it will buy from the Inga III dam, under construction in the Democratic Republic of Congo, Bloomberg reported. South Africa committed to purchase 2,500 megawatts from the dam, known as Inga III, in a 2013 treaty between the two countries. South African Energy Minister Jeff Radebe […]

King Mohammed VI Condemns as Despicable Manchester Terror Attack

King Mohammed VI has condemned the Manchester terror attack as a despicable act that targeted several innocent victims and reaffirmed Morocco’s full support for international efforts to confront the phenomenon of terrorism and to dry up its sources. In a message of condolences to the British Prime Minister Theresa May, King Mohammed VI expressed great […]