Laayoune

Phosphates: Morocco’s OCP Group makes $400 Mln Intra-African trade transactions via blockchain

Morocco’s state-owned OCP Group, the world’s largest phosphate mining and leading fertilizer company, and the Eastern & Southern African Trade and Development Bank (TDB) announced on Tuesday $400 million fertilizer trade finance transactions sealed via blockchain technology. Some $270 million of this deal have already been completed, while the remaining sum will be finalized in […]

Libya’s Human Rights Body Condemns Arrest of Poet Fayez Al-Arfi

Libya’s National Institution for Human Rights has strongly criticised the arrest of prominent poet Fayez Al-Arfi by members of the Internal Security Agency aligned with the country’s parallel Government. According to the institution, Al-Arfi was detained from his home in the eastern city of Al-Marj after reciting a poem in which he lamented worsening living […]

BCP’s subsidiary Atlantique Finance dominates WAEMU financial market in 2024, captures 25% market share

Atlantique Finance, a subsidiary of Morocco’s pan-African Banque Centrale Populaire (BCP) group, has emerged as the leading investment and brokerage firm in West Africa’s economic and monetary union, achieving a remarkable 25% market share and transaction volume of 235 billion CFA francs (approximately $358 million) in 2024. The firm’s ascent to market leadership among 36 […]