maritime transport

Morocco’s Phosphates Giant OCP to Open Subsidiaries in 13 African Countries

Morocco’s state-owned phosphates company, OCP, is planning to open subsidiaries in 13 African countries in line with the Kingdom’s strategy to boost economic ties and investments in the continent. As announced in the official gazette, the OCP’s board of directors approved the decision to establish 13 subsidiaries in the countries of Côte d’Ivoire, Senegal, Cameroun, […]

Morocco’s Trade Surplus with Sub-Saharan Africa hits 12 bln DH in 2016

Morocco registered a trade surplus in its trade with Sub-Saharan Africa, which jumped from 1.3 billion dirhams in 2008 to 11.9 in 2016, said Morocco’s Foreign Exchange Office. Morocco’s trade with Sub-Saharan African countries posted a steady growth averaging 9.1% during the 2008-2016 period, said the Office in a report on trade between Sub-Saharan Africa […]

PwC withdraws from nine African countries in strategic restructuring

PricewaterhouseCoopers (PwC) confirmed last month it has closed operations in nine Sub-Saharan African countries following a strategic review, marking a significant retreat from the continent by one of the world’s “Big Four” accounting firms. The affected countries include Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, Democratic Republic of Congo, Republic of Congo, Guinea, and Equatorial Guinea, […]