Morocco’s Phosphates Revenues Stood at 42 billion Dirhams in 2016

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 […]

COP15 deal to halt loss of biodiversity: welcomed by some, not enough for others

The COP15 biodiversity summit’s historic agreement to protect 30% of land and water important for biodiversity by 2030, designed to halt its loss was welcomed by many, while others, including the Democratic Republic of Congo (DRC), argue that it does not go far enough in supporting conservation efforts in developing countries. Countries have reached the […]

Libya and Egypt eye Free Trade Zone

Shortly after Prime Minister Ali Zeidan’s return from an overnight visit to Egypt, a source close to his cabinet have revealed that the visit was centered on developing bilateral economic relations amongst which is the establishment of a free trade zone. Part of Prime Minister Zeidan’s visit was aimed at how to get Egyptian companies […]