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, […]
The past few days have been full of news for Nigeria’s resources sector: It was announced that Nigeria Agenda 2050 requires approximately $100 billion, with 80% expected from the private sector; Shell is set to divest its Nigerian onshore oil and gas subsidiary for $1.3 billion; and the West African country will see the launch […]
Kristalina Georgieva, the Director of International Monetary Fund (IMF) called on Africa on Thursday to turn to green energy and to accelerate their transition to clean energy sources and sustainable agriculture given what she called the “existential threat” posed by climate change. “This is the most significant risk we face as a global community. It […]
