Morocco’s fertilizers and phosphates giant OCP criticized the decision by the U.S. Department of Commerce (DOC) to increase customs duty on Moroccan fertilizers from 14.21% to 16.81%. This new rate, announced after a review of the countervailing duty (CVD), applies retroactively as the final tariff rate for our 2022 imports into the United States, OCP […]
The EBRD has lent €186 million the Fayoum Water and Wastewater Company to enable improve living conditions of the local three million inhabitants through the development and expansion of wastewater services. The EBRD financing will be complemented by a loan of €172 million provided by the European Investment Bank, while the EU Neighborhood Investment Facility […]
Ambassadors from several African countries hailed, Wednesday in Dakhla, the “credibility” and “boldness” of King Mohammed VI’s initiative to promote Sahel countries’ access to the Atlantic Ocean. “Despite the security challenges facing Sahel countries, Morocco, through the Royal Initiative, strives to make the Atlantic coast a large-scale economic integration center,” they stated during a panel […]
