Regional investment center

Algeria: Army denies reports on arrest of 13 senior officers

The Algerian defense ministry denied in a statement report by local media el Watan claiming that 13 senior officers have been recently detained over contact with former army general Ali Ghediri who intends to run for April Presidential elections. El Watan quoted in its Sunday publication a military source as saying that 13 colonels and […]

Morocco’s Phosphates Giant OCP to Open Subsidiaries in 13 African Countries

Morocco’s state-owned phosphates company, OCP, is planning to open subsidiaries in 13 African countries in line with the Kingdom’s strategy to boost economic ties and investments in the continent. As announced in the official gazette, the OCP’s board of directors approved the decision to establish 13 subsidiaries in the countries of Côte d’Ivoire, Senegal, Cameroun, […]

Japan grants Burkina Faso $1.3m for road maintenance

Japan’s international Cooperation Agency, JICA, has provided Burkina Faso with $1.3 million destined to finance acquisition of equipment to be used in the maintenance of roads in the West African country. Burkina Faso’s top diplomat Karamoko Jean-Marie Traore signed the grant deal with JICA local resident Keiichi Okitsu. Traore said that the agreement will give […]