hisham-el-khazindar

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, […]

Sudan Reports Cross-Border Assault on Blue Nile Region by RSF and SPLM-N

Sudanese Government sources report that the Rapid Support Forces (RSF) and Sudan People’s Liberation Movement-North (SPLM-N) launched a major attack on January 25, targeting Al-Sillik, Milkan, and other areas in Bau County, Blue Nile region, from South Sudanese territory. The Sudanese army’s 4th Infantry Division engaged in heavy fighting to repel the assault, described by […]

S&P revises Morocco’s outlook to positive

Credit rating agency Standard & Poor’s revised Morocco’s outlook to positive BB+/B thanks to social, economic, and budgetary reforms. With the new rating, Morocco edges closer to retrieve its investment grade, lost during the Covid-19 pandemic. “Morocco’s economy has proven resilient in the face of multiple shocks over the past five years, and maintained access […]