Sinai attack

EU commends Morocco for its Covid-19 response

The European commission congratulated Morocco on its coronavirus response, which spared the country thousands of deaths and protected its health infrastructure through a mix of lockdown measures and social and economic support. “Morocco is not only a close neighbor, the country is also a stable and trusted partner that has acted rapidly to contain the […]

OCP Group reports $5.2 billion revenue growth in first half of 2025

Morocco’s phosphate giant OCP Group achieved remarkable financial and operational performance during the first half of 2025, recording double-digit growth across key indicators. The company’s revenue reached 52.2 billion dirhams ($5.2 billion) compared to 43.2 billion dirhams in the corresponding 2024 period, driven by increased fertilizer and rock sales volumes. Second quarter 2025 revenue totaled […]

Morocco’s Managem expands stake to 85% in a gold project in Guinea Conakry

Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million.   In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018.   With this […]