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 […]
The UN Secretary General, Antonio Guterres, has warned the Polisario of obstructing commercial traffic flow between Morocco and Mauritania, after the Algerian-sponsored separatist group deployed militiamen in an area that is supposed to remain demilitarized under the UN brokered 1991 ceasefire agreement. “Regular civilian and commercial traffic should not be obstructed and no action should […]
A devastating attack on a popular beach restaurant in Mogadishu, Somalia’s capital, has left at least 37 civilians dead and 212 injured. The explosion, which occurred late Friday, marks the deadliest assault in the country since the October 2022 car bombings that claimed over 100 lives. Authorities have blamed the attack on the militant Islamist […]
