Moroccan energy group Afriquia Gaz is in the process of acquiring the Mauritanian subsidiary of French energy group Total Energies. According to a report from the Mauritanian news agency, the regional …
American rating agency Fitch yesterday released a report upgrading its rating for OCP’s long-term issuer default rating from bb to bb+, reflecting the company’s ability to meet its long-term financial …
Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded MAD 9 billion ($842 …
Following the port embargo on its fishing vessels, Russia has opted to repair its fishing boats in Casablanca port instead of Las Palmas. The head of the representative office of …
In a bid to meet its climate targets, Singapore has started talks on carbon markets to buy carbon credits from Morocco and other countries including Ghana, Indonesia, Colombia, and Brunei. …
Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …
Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …
Morocco’s governing council chaired by Head of Government Aziz Akhannouch, adopted a draft decree to temporarily suspend import duties on domestic cattle on Wednesday October 19. The draft decree seeks …
Morocco’s fertilizer giant OCP Group inaugurated this week its first ultramodern fertilizer blending plant on the continent in Kaduna, in northern Nigeria. The aim of the new Kaduna facility is …
Banque Central Popularize (BCP), Morocco’s second-largest banking group, signed a partnership agreement with the European Investment Bank (EIB) today in Rabat, aiming to enhance the competitiveness of small and medium-sized …