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Morocco’s OCP maintains leadership in African fertilizers market

Morocco’s phosphate group OCP has shown resilience and agility amid the coronavirus crisis and is forging ahead to bolster its leadership position in the African fertilizers market. The group maintains its fertilizers factories in Ghana, Nigeria and Ethiopia unchanged and expects to switch them on by 2024, the OCP told Reuters. Nigeria plant in particular […]

Morocco government to expand its budget by $1 bln

The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising expenditures, Moroccan economic media reported. The funds are needed to bolster the budget amid an inflationary context marked particularly by drought and reforms. In this respect, 4 billion dirhams of […]

Algeria: opposition parties calling for a unified boycott

Algerian President Abdelaziz Bouteflika’s decision to run for a fourth term was not received well by the opposition who argue that his ailing health condition and 15-year rule are reasons enough for him to step down. 76-year-old Bouteflika suffered a mini-stroke last year after which he has made rare public appearances. Some opposition leaders declare […]