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Egypt to increase green investment to 30 per cent in current budget
The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]
OCP Revenues Grow 15% in H1 2018
Morocco’s phosphates company saw its revenues grow by 15% in the first half of the year to 26,599 million dirhams ($2.86 billion). Revenues increased from 23,152 million dirhams last year as the company continues to invest in Africa where it plans the setting up of fertilizer plants in Ethiopia and Nigeria. “This sales growth was […]
UN/C-24: Strong international support to Morocco’s Autonomy Plan for the Sahara
Several member countries of the UN committee 24 have reiterated strong support to Morocco’s autonomy plan offered for a lasting peaceful resolution of the Sahara regional conflict, affirming that the Moroccan offer is the ONLY basis for a just and enduring solution, sustainable peace and prosperity in the region. Addressing the C-24 Caribbean regional seminar […]



