The announcement by Morocco’s phosphates and fertilizers producer OCP to double its soil nutrient exports to Africa was a boon for a continent that bears the brunt of the surge in commodities prices due to the Russia-Ukraine war. OCP said last week it will bolster its fertilizers exports to Africa to 4 million tons in […]
Smail Chergui, former Ambassador of Algeria to Russia, has been holding the position of African Union Commissioner for Peace and Security (PSC) since October 12, 2013. The AU official had been mentioned in accusations of sexual abuse, abuse of power and administrative abuses, which have led to resignations of AU staff members. The charges […]
Morocco’s foreign exchange reserves climbed to an unprecedented 431.24 billion dirhams ($47 billion) at the end of October, up 19.6% from a year earlier, according to central bank data. Bank Al-Maghrib projects the upward trend will continue into 2026, reflecting strong tourism receipts and a sharp rebound in foreign direct investment (FDI). Travel revenues rose […]
