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OCP mulls phosphates investment in Togo

Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. A deal was signed by Togolese agriculture minister Antoine Kepka Gbebgeni and head of OCP Africa Mohamed Anouar Jamali. The plant is expected to be achieved in the medium term […]

Morocco to launch €1 billion foreign borrowing in 2019

Morocco is to launch in the course of this year an international borrowing of €1 billion, to be followed by another one of the same amount in 2020. This loan is provided for in the 2019 Finance Law. A roadshow will be conducted in the coming weeks to mobilize investors for both operations, reported Media24 […]

Coronavirus: Morocco closes mosques, other public places

King Mohammed VI decided, in line with a Fatwa by the concerned Authority of the Higher Council of Ulemas, that mosques in Morocco will be closed for all prayer times, including the midday Friday prayers, until further notice.   The decision to close all mosques amid the spread of the novel coronavirus (COVID-19) enters into […]