Moroccan Dutch FMs

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, […]

Worldwide Afro Network celebrates World Africa Day in a digital way

Initiated by Amobé Mévégué, host and journalist on France 24, in partnership with UNESCO, the Worldwide Afro Network (WAN) is a concept to commemorate World Africa Day. The WAN organizes this May 25, on social networks, panel discussions on the health and social challenges posed by the Covid-19 pandemic to Africa and ways to respond […]

Morocco’s domestic demand surges 5.8%, driving economic growth

Morocco’s domestic demand jumped 5.8% in 2024, accelerating from 4.9% in 2023, contributing 6.3 percentage points to GDP growth compared to 5.4 points the previous year, according to provisional national accounts data from the High Commission for Planning (HCP). Household consumption expenditures, including non-profit institutions serving households, increased 3.4%, contributing 2.1 percentage points to economic […]