CAF- AFCON

Maroc Telecom pays $630 mln in damages to Inwi

Telecom operator, Maroc Telecom, has paid 6.3 billion dirhams ($630 mln) in damages to its competitor Inwi after it was indicted by a court for anti-competitive practices. The fine represents 17% of the firm’s turnover and exceeds the 6.1 billion dirhams it made in profit last year. Fingers are pointing to Maroc Telecom’s CEO Abdesslam […]

Morocco’s OCP maintains leadership in African fertilizers market

Morocco’s phosphate group OCP has shown resilience and agility amid the coronavirus crisis and is forging ahead to bolster its leadership position in the African fertilizers market. The group maintains its fertilizers factories in Ghana, Nigeria and Ethiopia unchanged and expects to switch them on by 2024, the OCP told Reuters. Nigeria plant in particular […]

Algeria: Cornered by social tensions, renaissance of Hirak, President plans cabinet reshuffle, early elections

As the Hirak second anniversary draws near and as social tension is brewing in Algeria, the Algerian President is reportedly planning a cabinet reshuffle and early elections to stem the people’s anger. Several media outlets reported that the Algerian regime is about to announce a cabinet reshuffle as well as early elections, the latest recipe […]