Headlines Morocco

Morocco Has Second Highest Potential for Automation in Africa- McKinsey says

In Morocco, 50.5% of work activities can be automated, making the Kingdom the second country in Africa with the highest potential for robot’s use in industry, Mckinsey said in a recently published research. Morocco was placed second in Africa, preceded by Kenya with an automation potential of 51.9% and followed by Egypt (48.7%), Nigeria (45.7) […]

Asia Business Headlines International Morocco

Morocco Bridges India with Francophone Africa, Times of India says

On the occasion of the 60th anniversary of diplomatic ties between Morocco and India, the Times of India published an Op-ed making the case for strengthening relations with the North African Kingdom as a means to outreach diplomatically and economically to francophone Africa.   The author of the article, Rudroneel Ghosh, calls on his country […]

Business Energy

Morocco’s Phosphates Revenues Stood at 42 billion Dirhams in 2016

The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]

Algeria Headlines Morocco

Morocco, Algeria Have Much to Gain from Opening Borders, Study

Opening the closed land borders between Morocco and Algeria would usher in an era of economic cooperation and the two North African countries should follow the example of India and China, which strengthened their trade ties despite an unresolved border dispute. The point was made by Francis Ghilès in a paper published early January on […]

Energy Headlines Morocco

India’s Sterling & Wilson to Build 170MW Solar Plant in Morocco’s Sahara

Largest Global Solar EPC company, Sterling & Wilson signed a deal with the consortium led by Saudi Arabia’s ACWA Power to build a 170MW photovoltaic (PV) facility in Morocco’s southern provinces, the Sahara. The agreement, signed during a ceremony at The UN Climate Summit (COP22) in Marrakech, is part of the Noor PV I program […]

Africa Europe International

BBC to launch six new African language services

The British public broadcaster, BBC, on Wednesday announced that it will launch 11 new language services in 2017 as part of its expansion project on the continent. The new languages will be Afaan Oromo, Amharic, Gujarati, Igbo, Korean, Marathi, Pidgin, Punjabi, Telugu, Tigrinya, and Yoruba. Afaan Oromo and Amharic are widely spoken in Ethiopia with […]

Headlines Morocco

Morocco’s OCP Group to Invest in Fertilizer Plant Construction in India

Morocco’s national phosphate company OCP will build, jointly with Indian fertilizer giant Kribhco, a plant to produce fertilizers to meet Indian farmers’ needs, the OCP announces. The project will require an investment of around $230M evenly provided by the two companies. The plant will be located in Krishnapatnam, Andhra Pradesh State. It will have an […]

Algeria Headlines

Algeria: Three Satellites Launched from India

Algerian space scientists Monday launched three satellites from India’s PSLV C-35 satellite launch vehicle, reports say. A total of eight satellites, including the three Algerian satellites, were successfully launched from India’s space site of Satish Dhawan, situated in the South-East of the country. The three Algerian satellites, namely Alsat-1B, Alsat-2B and Alsat-1N according to the […]

Americas Energy International

Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]

Asia International

India Supports Morocco’s Return to African Union

India has openly voiced support for Morocco’s return to the African Union, a decision, which cements longstanding ties between the two countries, the Times of India reported. “India welcomes Morocco’s initiative to re-join the African Union. India enjoys close relationship with all African nations, including Morocco,” spokesperson for the Indian Foreign Ministry said, describing the […]