Morocco and China signed, Wednesday in Rabat, a memorandum of understanding (MoU) on the creation of a working group for the facilitation and promotion of trade between the two countries. The MoU, signed by Minister of Industry and Trade, Ryad Mezzour and China’s Ambassador to Morocco, Li Changlin, aims to simplify procedures for strengthening trade […]
OCP Africa, subsidiary of the state-owned Moroccan phosphate group (OCP) has teamed up with the International Islamic Trade Finance Corporation (ITFC) of the Islamic Development Bank (IsDB) to boost rice farming and enhance agriculture value chains in Côte d’Ivoire. Under a cooperation agreement inked this week, the ITFC will support OCP Agribooster program to be […]
Morocco’s automotive sector exports doubled from 161 billion dirhams in 2013 to 240 billion dirhams in 2018, thus becoming Morocco’s leading exporting sector ahead of phosphates and agriculture. With more than 65.1 billion dirhams worth of exports, the automotive sector came ahead of phosphates and derivatives (43.4 billion dirhams), textile (38.6 billion dirhams) food industry […]
