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OCP’s 2017 Revenues Hit 48.5 bln Dirham
Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]
Algeria: Industry Minister Threatens to Close Car Assembly Plants
Algeria’s Industry Minister Bedda Mahjoub expressed frustration at his country’s policy of attracting car assembly plants and threatened to close these factories due to their low integration rates. “We should put an end to the production model as most manufacturers have not improved their integration rates, he told the press after speaking to MPs. While […]
Tunisia Launches Digital Investor Support Platform this Week
Tunisia announced it is launching a “Digital Investor Support Platform” during the Tunisia Investment Forum (TIF) due June 20- 21 in Tunis. The announcement was made Tuesday by Tunisian Development, Investment and International Cooperation Minister Zied Laadhari. Who said the platform seeks to totally digitalize investment transactions. The Tunisian official was taking part in the […]



