OCP-Ethiopia – dire_dawa fertilizer plant

US commends King Mohammed VI’s reform agenda over two-decades

US Secretary of State Michael R. Pompeo highlighted King Mohammed VI’s leadership in advancing a bold and far-reaching reform agenda over the two past decades. Pompeo made the statement in a joint release following the 4th session of the US-Morocco strategic dialogue which he chaired in Washington together with Foreign Minister Nasser Bourita. The US […]

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

Morocco Records One of Its Wettest Winters in Over Four Decades

Morocco has just emerged from one of its most rainfall-intensive winters since records began in 1981, according to the country’s General Directorate of Meteorology (DGM). After seven consecutive years of drought, the 2025-2026 winter season delivered a dramatic and long-awaited reversal of the Kingdom’s hydrological fortunes. The DGM attributed the exceptional conditions to a weakening […]