Morocco highlighted, on Tuesday before the African Union’s Peace and Security Council (AU-PSC), the urgent need to support countries in political transition to accelerate their return to the pan-African organization. During informal consultations with Burkina Faso, Gabon, Guinea, Mali, Niger, and Sudan, convened by the Kingdom as AU PSC chair for the month of March, […]
The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]
Tunisia’s central bank has applauded the “positive development in the political process” after the successful parliamentary and presidential elections but signaled that the results are yet to have a strong impact on the economy for now as the beginning of the year was “characterized by negative economic indicators” amongst which are the industry and tourism […]
