elysee-france-maroc

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Algeria: Constitutional amendment begins, first consultation held

As promised during the campaign, President Bouteflika has paved the way for the amendment of the constitution despite certain criticisms and boycotts by some opposition parties. Discussions for the amendment will be headed by former Prime Minister Ahmed Ouyahia and they will be centered on reinforcing the separation of powers and the independence of the […]

Algerian regime battling windmills, Morocco shifting into higher economic gear

While Algerian rulers continue funning conspiracy theories, escalating rhetoric and provocative actions against neighboring Morocco, the North African Kingdom remains focused on drawing foreign investors and creating business opportunities to speed up sustainable development and inclusive growth. Morocco has succeeded in building competitive automotive and aeronautic industries thanks to its open enterprising economy, political stability, […]