Moroccan Sahara

Morocco’s OCP revenue at $9 bln in 2023

Morocco’s phosphates and fertilizers giant, OCP Group, said its revenue in 2023 stood at 9 billion dollars, down from $11.4 billion a year earlier. OCP explained the performance by a drop of prices from the exceptional levels of 2022, when the war in Ukraine triggered a surge in commodities prices globally. OCP said a drop […]

Somalia’s president declares ‚all-out war’ on al-Shabab ‚terror scourge’

Somalia’s government will launch a “total war” against al-Qaida affiliated militant group al-Shabab following a recent deadly hotel siege in the capital Mogadishu staged by the group, Somali President Hassan Sheikh Mohamud announced in a televised speech on Tuesday (23 August). Mohamud said it is time to come together to defeat the enemy, adding that […]

Morocco in the TOP 3 of Africa’s Largest Reinsurance Markets

Morocco was ranked third in Africa’s fastest growing reinsurance markets in the Africa Reinsurance Pulse 2016, an annual report issued by Schanz, Alms & Company. “Kenya, Nigeria and Morocco are the fastest growing reinsurance markets, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes,” says the […]