Morocco’s Unemployment Rate Drops to 9.1 by June 2018

Morocco’s unemployment rate eased to 9.1% by June 2018, compared to 9.3 the same period last year, Morocco’s High Planning Commission (HCP) said. Between June 2017 and June 2018, the Moroccan economy created 117,000 jobs, 74,000 of them in cities and 42,000 in rural areas, while a year earlier it only created 74.000 jobs, HCP […]

Tunisia Seeks to Promote Oil production

Tunisian authorities have awarded an oil exploration permit to Ukraine’s YNG Exploration Limited. The permit authorizes the Ukrainian firm to begin explorations in the 988 KM² Araifa site in Tatounie, southern Tunisia. The firm will conduct seismic exploration and proceed to the drilling of two test wells over a five-year period at an estimated cost […]

Morocco’s OCP Group develops new hybrid fertilizer for European market

Moroccan Phosphates OCP group has expanded the list of its compound fertilizers with a new hybrid fertilizer developed for the European market, according to international press reports. OCP already produces binary fertilizers Di-Ammonium Phosphate (DAP) and Mono-Ammonium Phosphate (MAP), and full phosphate blend Triple Super Phosphate (TSP). The new product (NP 5-42) is a binary […]