Tunisia Attack

LafargeHolcim unveils new cement plant in Taroudant

Cement producer LafargeHolcim, listed with the Casablanca stock exchange, announced the completion of its new plant in Taroudant worth $330 mln with an annual capacity of 1.6 million tons.   The new factory, which is set to start production in July, will supply cement for construction and infrastructure projects in the region of Souss and […]

Morocco’s OCP maintains leadership in African fertilizers market

Morocco’s phosphate group OCP has shown resilience and agility amid the coronavirus crisis and is forging ahead to bolster its leadership position in the African fertilizers market. The group maintains its fertilizers factories in Ghana, Nigeria and Ethiopia unchanged and expects to switch them on by 2024, the OCP told Reuters. Nigeria plant in particular […]

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]