Princess lalla Meryem & Ivanka Trump in Rabat Royal palace

Morocco Set to Join AU’s Peace & Security Council

Morocco is set to be a major player within the African Union by integrating its supreme decision making body on peace and security issues: the Peace and Security Council (PSC). Morocco’s ambition to be member of the most important body within the African Union was expressed by Foreign Minister Nasser Bourita during talks recently in […]

Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program

The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]

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 […]