Morocco’s textile industry

France to examine strategic options in Sahel after losing 13 soldiers

France is reconsidering its strategy in the Sahel after it lost 13 French soldiers in a collision of two helicopters on a combat mission this week. French president ordered the review of operations against IS in the Sahel. “Our mission there is important. Nevertheless, the situation we face compels me today to examine all our […]

Morocco’s OCP more than triples profit, doubles revenue

Morocco’s phosphates and fertilizers producer OCP posted an all-time-high profit of 1.6 billion dirhams in 2021, up 272% as the company benefits from the surge in prices of phosphates and derivatives and the high demand on fertilizers. OCP’s total earnings nearly doubled to 84.3 billion dirhams the same year, a boon to public finances hit […]

Algeria: Former Premier warns of further troubled period due to current status quo

Former Algerian Premier Mouloud Hamrouche Saturday said he feared more for Algeria given the current status quo at the top of the country’s leadership which is unable to formulate suitable solutions to the economic crisis adding that the country needs a “clear national will” in order to recover from the current turmoil. Harmouche was speaking […]