The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]
Paris-based and Africa-oriented media Jeune Afrique (JA) has roasted Algerian authorities after local authorities imposed a partial ban on its publications over alleged economy challenges. JA last week issued a statement over the ban, which it said has been unilateral. “Since April 23, our magazine has been absent from the kiosks in Algeria,” the statement […]
Despite a wave of protests, delegates of the ruling party in Guinea on Thursday pleaded for the outgoing president, Alpha Condé, to be their candidate in the presidential election. The choice could stir up new tensions in Guinea. The party of the Guinean president Alpha Condé asked him, Thursday, August 6, to be its candidate […]
