OCP Africa

Morocco, Second Trade Friendly Country in Africa

Morocco has gained three places in the Global Enabling Trade Report ranking as the second most trade friendly country in Africa. Morocco jumped in the report, issued by the World Economic Forum, from the 52nd place in 2014 to the 49th in 2016 coming ahead of South Africa (55th), Tunisia (91st), Egypt (116th), Algeria (121st) […]

NATO agrees to help Libya

Libya will be receiving technical advice and training from the North Atlantic Treaty Organization (NATO) in response to a request made by its Prime Minister in May. NATO will be helping Libya to organize and establish a well-structured security team to replace its many militias which tend to have an ever growing influence and authority […]

Egypt Adds Multi-billion Dollar “Social Package” to Budget

As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the pain of the ongoing austerity measures will be included in the budget. More than 90% of the citizens will benefit from the package through food subsidies, tax breaks and increment […]