Covid Maroc

Libya to increase oil production to 2 million b/d

Libya’s state-run oil company, National Oil Corporation (NOC), plans to increase oil production to 2 million barrels per day as most of the country’s oil fields resume operations. Chairman of NOC, Farhat bin Qadara, said a medium-term plan will be outlined to achieve this goal, which will extend from three to five years and that […]

Morocco to set new record in avocado export in 2023/24 Season

Avocado production and export in Morocco continues its upward trend, generating important foreign exchange earnings, said the international EastFruit online magazine. Between July 2023 and January 2024, the North African Kingdom exported nearly 40,000 tons of avocados, worth $120 million, setting a new record for the period. With four more months to go and the […]

Morocco’s OCP revenue down 33% in 2023 first half

Morocco’s phosphates and fertilizers producer, OCP, said its revenue in the first six months this year dropped 33% to $3.76 bln due to lower prices. The company said it made $1.9 billion in total revenue in the second quarter this year, down 37%, due to lower demand, while expecting demand to improve later this year […]