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OCP Revenues Grow 15% in H1 2018

Morocco’s phosphates company saw its revenues grow by 15% in the first half of the year to 26,599 million dirhams ($2.86 billion). Revenues increased from 23,152 million dirhams last year as the company continues to invest in Africa where it plans the setting up of fertilizer plants in Ethiopia and Nigeria. “This sales growth was […]

Xlinks mulls exporting energy to Germany

Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. This came in a statement in response to a Bloomberg article claiming the British company is abandoning the UK for the German market. “Xlinks was founded to promote the development […]

Morocco gathers African countries in Marrakech to show support for UN Process in Sahara

Morocco will hold an African conference at the foreign ministers’ level to show support for the UN process in the Sahara on March 25 in Marrakech. The event is in line with the African Union’s official position, which backs UN efforts to settle the Sahara dispute, a position that was stressed during the AU’s latest […]