Morocco’s phosphates and fertilizers giant, OCP Group, said its revenue in 2023 stood at 9 billion dollars, down from $11.4 billion a year earlier. OCP explained the performance by a drop of prices from the exceptional levels of 2022, when the war in Ukraine triggered a surge in commodities prices globally. OCP said a drop […]
The Darfur Joint Forces, acting as substitutes for the Sudanese Army, achieved a significant victory against paramilitary groups in North Darfur, on January 1. They successfully recaptured the town of al-Malha, located in a desert region near the Libyan border and about 200 kilometers from el-Fasher. Al-Malha is strategically important, as it serves as a […]
Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]
