Uk Morocco business dialogue

Kenyan Justice terminates case against Morocco’s OCP

A kenyan court dropped charges against Morocco’s phosphates giant OCP over alleged mercure presence in its fertilizers. The court also withdrew criminal charges against OCP officials and ordered the release of the fertilizers cargo that was held at Ballore Warehouse. Some Kenyan news portals said the termination came after parties entered a plea bargaining agreement. […]

Aeronautics: Safran Commits to Support Morocco’s Aerospace Ecosystem

Safran group, a leader in aircraft equipment manufacturing, has pledged to support and develop further Morocco’s aerospace industry ecosystem which continues to attract foreign investment. Under an agreement signed Wednesday with the Moroccan government, the French company, which designs, develops and manufactures aircraft engines & rocket engines, pledges to support its local suppliers and service […]

Algeria’s economy, a crisis in the making

Long ruling Bouteflika has stepped down after popular protests leaving behind him an embattled economy vulnerable to international oil prices. After years of unsustainable spending, Algeria’s foreign exchange reserve shrunk to cover only four years of imports making it difficult to sustain a generous subsidy system that has bought peace at the expense of financial […]