Morocco European council – partner for democracy

IMF warns of Africa’s vulnerability to China’s slowing economy

While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]

OCP Buys 50% Stake in GlobalFeed from Spanish Fertinagro Biotech

Moroccan state-owned Phosphate giant, OCP Group, announced on Monday it acquired 50% stake of GlobalFeed S.L. from Fertinagro Biotech S.L., a major Spanish fertilizers producer. “This acquisition confirms OCP’s objective to diversify its phosphate solutions and become a leading player in the animal nutrition sector, addressing growing demand and expanding its offerings to specialty sustainable […]

ISIS claims deadly attack on Algerian army near Malian border

The Islamic State group, ISIS, Thursday claimed credit for a deadly attack on the Algerian army near the border with Mali that the terror group has named “Algeria Province”. According to le360 news outlet, the group said the attack, which took place on Monday, south of the North African country, claimed the lives of eight […]