LNA Libya

OCP Buys 50% Stake in GlobalFeed from Spanish Fertinagro Biotech

Moroccan state-owned Phosphate giant, OCP Group, announced on Monday it acquired 50% stake of GlobalFeed S.L. from Fertinagro Biotech S.L., a major Spanish fertilizers producer. “This acquisition confirms OCP’s objective to diversify its phosphate solutions and become a leading player in the animal nutrition sector, addressing growing demand and expanding its offerings to specialty sustainable […]

Forced Labor Costs Mauritania its Trade Benefits with US

The US will end trade benefits for Mauritania on January 1 for falling short of abolishing forced labor practices, the US Trade Representative’s Office (USTR) said. Mauritania is not in compliance with requirements of the African Growth and Opportunity Act (AGOA), which provides duty-free treatment for certain goods, USTR said in a statement explaining the […]

EU concerned about growing human rights abuses in Algeria

The European Union has voiced again its deep concern about the increasing serious human rights violation committed in Algeria against pro-democracy militants, critics of Algerian regime and peaceful protesters. In a report published on Tuesday by the EU Commission on the state of EU-Algeria relations, the EU denounced arbitrary detention of Hirak activists, the excessive […]