CPJ algeria

EBRD expects Morocco’s growth to reach 3 % in 2024 and 3.6 % in 2025

The European Bank for Reconstruction and Development (EBRD) expects Morocco’s economic growth to reach 3 per cent in 2024, before rising to 3.6 per cent in 2025, supported by a recovery in external demand and government investment. Following a slowdown in 2022, the country GDP growth picked up to 3.2 % in 2023, driven by […]

Morocco Wins New Friends at AU-EU Summit

Morocco has adopted a pro-active diplomacy that breaks away with the empty chair policy, which left the country outside AU institutions since 1984. Almost one year after its triumphal return to the African Union, Morocco made diplomatic headways thanks to an African Policy that continues to turn former African adversaries into friends. The talks held […]

Phosphates giant OCP reports $9.7 billion revenue in 2024, up 6%

Morocco’s phosphates and fertilizer giant, OCP, said its revenue grew 6% in 2024 to 9.7 billion dollars, following improving demand in the international markets. The group, which will issue detailed financial results at a later date, plans to go green by 2040 as it forges ahead to rely on renewable energies and desalinated water by […]