King & Macron

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 […]

U.S. ‘deeply concerned’ over multiple arrests in Tunisia

The United States is “deeply concerned” about the arrests of politicians, business leaders and journalists reported in recent days in Tunisia, U.S. State Department spokesman Ned Price said Wednesday. “We are deeply concerned by the reported arrests of multiple political figures, business leaders, and journalists in Tunisia in recent days,” Ned Price said in opening […]

African countries to dominate ranking of world’s rapidly growing economies- UN agency

African countries are expected to post the highest growth rates this year globally, said the Economic Commission for Africa (ECA), a UN agency. Niger, Senegal, Côte d’Ivoire, DRC, and Rwanda are expected to be world’s top growth performers, according to an ECA report. Niger and Senegal, in particular, are expected start reaping the benefits of […]