Morocco’s OCP posts 4% rise in revenues in 2020

Morocco’s phosphates and fertilizers producer OCP posted a 4% increase in its revenues in 2020 to 56.2 billion dirhams as volumes offset a drop in prices. The group said exports of phosphates-based fertilizers rose 12% following higher demand in India and Brazil. ‘’OCP achieved significant growth in 2020, one of the most challenging business periods […]

AU High Representative for Mali & Sahel ‘Reassured’ by Morocco’s Support

The High Representative of the African Union (AU) for Mali and the Sahel, Maman Sambo Sidikou, said, Friday in Rabat, he is “reassured” by the support of Morocco, a country, he said, that has always occupied an important place among Sahelians and all of Africa. Sambo Sidikou, who has chosen Morocco for one of his […]

Riyadh to fund Egypt’s version of NEOM city in South Sinai

Egypt and Saudi Arabia agreed Sunday to set up $10-billion joint fund for the development of the Egyptian side of NEOM city in the South of the Sinai restive Peninsula. The agreement took place in the presence of Saudi Crown Prince Mohamed bin Salman, or MBS, who is paying a three-day visit to Cairo. The […]