FIFA Chief Gianni Infantino and Moroccan producer RedOne

Morocco’s OCP revenue down 33% in 2023 first half

Morocco’s phosphates and fertilizers producer, OCP, said its revenue in the first six months this year dropped 33% to $3.76 bln due to lower prices. The company said it made $1.9 billion in total revenue in the second quarter this year, down 37%, due to lower demand, while expecting demand to improve later this year […]

Air Algeria Titters on the Edge

Algeria’s flagship carrier, Air Algérie is on the verge of bankruptcy due to corruption and inefficient leadership, Algerian media wrote. The crisis hitting the carrier has prompted the government to inject 2 billion dollars to pay debt and acquire new aircrafts but the company remains crippled due to a lack of strategy and vision. Air […]

Algerian FM bemoans exclusion of Polisario from international fora

The exclusion of the Polisario separatists from international events bringing together the African Union and international partners is irking Algeria whose foreign minister Ahmed Attaf made a desperate plea to the African Union. Speaking at an African Union meeting in Accra, Attaf deplored that keeping the Polisario separatists out of international events involving the pan-African […]