OCP- plant

Africa: Infrastructure development funding hits $100 Billion

Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]

Libya: Six Moroccans Injured in Airstrike on Migrant Center

Six Moroccans were injured, including two seriously, in the airstrike that has hit lately a migrant detention center near the Libyan capital. “No death has been recorded among Moroccans” so far, said a statement issued Thursday by Morocco’s Consulate General in Tunis, noting that that injured Moroccans were transported to a hospital to receive the […]

Commodities imports deepen Morocco’s trade deficit up to Feb 2022

Morocco’s trade deficit rose 57% up to February this year, due to a surge of commodities prices in the international market. Tensions in the black sea and the loss of Ukrainian and Russian commodities and wheat exports sent prices skyrocketing hitting the finances of import-reliant states. For example, Morocco’s ammonia imports, used in the production […]