Algeria Generals

Phosphates: Morocco’s OCP Group makes $400 Mln Intra-African trade transactions via blockchain

Morocco’s state-owned OCP Group, the world’s largest phosphate mining and leading fertilizer company, and the Eastern & Southern African Trade and Development Bank (TDB) announced on Tuesday $400 million fertilizer trade finance transactions sealed via blockchain technology. Some $270 million of this deal have already been completed, while the remaining sum will be finalized in […]

Egypt’s path to economic recovery hinges on IMF reforms, fiscal discipline

As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government targets a reduction of public debt to 85% of GDP by the end of FY2024/25 and to 80% by mid-2027, the IMF forecasts a slower decline from 92.9% to 73.9% […]

King Mohammed VI Receives Messages from Presidents of Zambia and of DRC

President of Zambia Hakainde Hichilema has addressed a message to King Mohammed VI. The message was handed by Leslie Mbula, Special Envoy of the Zambian President to Minister of Foreign Affairs Nasser Bourita at a meeting held in Rabat Friday. In a statement to the press following the meeting, Leslie Mbula praised the excellent relations […]