Senegalese Khalifa Sall

UAE backs Morocco-Nigeria pipeline

Morocco and the UAE signed a deal to invest in the Atlantic gas pipeline that will channel Nigerian gas to North Africa and ultimately to Europe. The deal was part of a series of memorandums of understanding signed during a state visit by King Mohammed VI to Abu Dhabi. It signals the UAE readiness to […]

Morocco’s OCP posts $9.1 bln revenue in 2023

Morocco’s phosphates and fertilizer giant, OCP, said its revenue in 2023 dropped to $9.1 billion from $11.3 billion a year earlier due to lower prices in the international market. The company said it will forge ahead with its investments which totaled $2.6 billion last year, from 2 billion a year earlier. Few days ago, OCP […]

Morocco seized COVID-19 crisis as an opportunity to accelerate reforms – World Bank says

Morocco managed to use the Covid-19 context as an opportunity to accelerate reforms by launching policies to address inequities and resolve some of the obstacles to economic growth, the World Bank said. In a recent report, the World Bank cited measures taken by Morocco in the wake of the pandemic, notably the creation of a […]