FDI Morocco

Mali: Barrick Gold confirms suspension of operations in gold mine

Barrick Gold Corporation said that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali, where authorities have also seized the company’s existing gold stock from the site to a custodial bank. Malian authorities have seized an amount of gold estimated at $245 million in an escalation of their long-running dispute with […]

U.S. Think-Tank: Morocco’s Royal Atlantic Initiative seeks to reshape Sahel & Sub-Saharan regions

The initiative launched by King Mohammed VI offering Atlantic access to African landlocked countries seeks to reshape the geostrategic landscape of the Sahel and Sub-Saharan regions amid a wave of coups fueled by economic and social decline, said a U.S. think-tank. In an analysis on the royal initiative, Carnegie Endowment for International Peace said the […]

Morocco’s OCP Group to Invest in Fertilizer Plant Construction in India

Morocco’s national phosphate company OCP will build, jointly with Indian fertilizer giant Kribhco, a plant to produce fertilizers to meet Indian farmers’ needs, the OCP announces. The project will require an investment of around $230M evenly provided by the two companies. The plant will be located in Krishnapatnam, Andhra Pradesh State. It will have an […]