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Business Emerging Markets Headlines Morocco

Morocco’s OCP revenue at $9 bln in 2023

North Africa Post

Morocco’s phosphates and fertilizers giant, OCP Group, said its revenue in 2023 stood at 9 billion dollars, down from $11.4 billion a year earlier. OCP explained the performance by a drop of prices from the exceptional levels of 2022, when the war in Ukraine triggered a surge in commodities prices globally. OCP said a drop […]
Algeria Columns Headlines Opinions

Algeria’s political crisis bodes ill for economy

North Africa Post

The power grab by the military after the departure of long-ruling Abdelaziz Bouteflika has aborted hopes for a transition to a civilian government, hijacking Algerians’ ambitions to a democratic state and compromising prospects for economic development amid worrisome economic indicators. Army, a kingmaker The army’s pull back from politics during the era of Bouteflika after […]
Headlines Maghreb Mauritania

Mauritania: Voters to choose Mohamed Ould Abdelaziz’s successor June 22

North Africa Post

Mauritanians will elect a new leader June 22 according to a decree from outgoing President Mohamed Ould Abdelaziz’s office. The decree set a runoff on July 6 in case no candidate gets an outright win. Candidates have until May 08, midnight to file applications, according to the decree. President Ould Abdelaziz, in power since 2008, […]