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Algeria’s revenue lifeline Sonatrach in a free fall
Algeria’s main source of revenue, oil and gas company Sonatrach, has seen troubles piling up as it struggles to juggle with historically low oil prices. The company, which accounts for more than 90% of Algeria’s exports, was dealt another blow with the cancelation of a supply contract with Spain’s Naturgy. Sonatrach will be obliged to […]
Morocco’s OCP, Indian Kribhco to Build Fertilizer Plant in India
The Moroccan Phosphates company (OCP) and the Indian Krishak Bharati Limited (Kribhco) will jointly build a fertilizer production unit in Andhra Pradesh state, in southern India. The $230 million worth project, co-financed by the two part-ners, will have an annual production capacity of 1.2 million tons of NPK fertilizer (nitrogen, phosphorus, potassium). The fertilizer production […]
Zambia reiterates support for Morocco’s territorial integrity, Autonomy Plan for the Sahara, hails Royal Atlantic Initiative
Zambia reiterated its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara, and underlined the relevance of the Moroccan Autonomy Plan as the “only credible, serious and realistic solution” to the Sahara issue. This position was expressed in a Joint Communiqué issued Friday following talks in Rabat between visiting […]



