Morocco’s OCP posts record $11.28 bln revenue in 2022

Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]

Morocco to import 5 mln tons of soft wheat in 2022-2023- Intecereales says

French soft wheat exporters (intercereales) said Morocco could import up to 5 million tons this 2022-2023 season. France has already exported 1 million tons of soft wheat to Morocco during the summer, the French cereals lobby group said in a statement. With the crisis in Ukraine, Morocco has bought more wheat from France becoming its […]

Mauritania, others welcomes royal decision to dispatch medical aid to African countries

Mauritanian Foreign Minister Ismaël ould Cheikh Ahmed has welcomed the decision made by King Mohammed VI to dispatch medical aid to 15 African countries, including Mauritania, to help them in their fight against the coronavirus health crisis, saying the royal decision responds perfectly to the national and regional context. The Foreign Minister’s remarks came after […]