Algeria military

Tunisia: Nidaa Touness collapse confirmed at congress

The congress held by Nidaa Touness on Sunday, the first since the party was established in 2012, confirmed that the party is falling apart as more MPs resigned from the party which lost its majority to Ennahda. Party members claimed that 42 members of the political bureau also resigned to protest the increasing dominance of […]

Morocco deficit to hold near 3%, debt seen falling despite global tensions- Bloomberg

Morocco expects to steadily reduce its public debt over the rest of the decade as economic growth strengthens and the budget deficit remains contained, despite pressures from global geopolitical tensions, a senior finance official told Bloomberg. Public debt is forecast to fall to about 60% of gross domestic product by 2030 from roughly 67% at […]

Morocco’s OCP plans its own ammonia plant worth $7 bln

Morocco’s fertilizer manufacturer, OCP, said it plans to invest 7 billion dollars in an industrial complex that will help it produce green ammonia from hydrogen produced from renewable energies in the southern region of Tarfaya. The project- which will also include a desalination plant- is part of the already announced $13 bln-project to fully shift […]