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 […]
King Mohammed VI has urged the Islamic Development Bank to help its member countries to diversify their economies and stimulate the private sector, a growth engine and a source for the creation of wealth. In a message to the 44th annual meeting of IDB Group, convening in Marrakech (April 5-6), the Moroccan Sovereign said most […]
Senegal’s new government is taking a bold step to reassess its oil and gas contracts. Prime Minister Ousmane Sonko has announced the formation of a special commission tasked with reviewing these agreements. This group, made up of legal, tax, and energy experts, will scrutinize existing contracts with the aim of rebalancing them in favor of […]
