Afreximbank

Morocco Should Brace for Return of Hundreds of IS Foreign Fighters- Report

The setbacks suffered by IS in the Syrian and Iraqi fronts are pushing thousands of foreign fighters to return to their home-countries where they pose a serious risk to stability and security. Morocco is one of the countries with a significant number of foreign fighters in the Middle East whose return puts authorities on high […]

OCP Group Posts Record 97 Billion Dirham Revenue in 2024

Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]

Africa, Middle East emerging as battleground for US-China ‘enterprise tech trade war’ — experts

Africa and Middle East are “emerging as a battleground for international tech supremacy in all areas related to enterprise technology” between the United States and China, which includes cloud, radio access networks for enterprise 5G, and artificial intelligence (AI), according to the London-based data and analytics firm GlobalData. While the growing geopolitical tensions between the […]