Americas Headlines International Morocco

Morocco’s King represented at inauguration ceremony of Brazilian President

King Mohammed VI of Morocco was represented at the inauguration ceremony of the Brazilian president, Luiz Inácio Lula da Silva, by the Head of Government, Aziz Akhannouch. After he attended the solemn investiture ceremony of the new Brazilian head of state and his vice-president, Geraldo Jose Rodrigues de Alckmin Filho, held on Sunday, Akhannouch was […]

Americas Business Headlines International Morocco

Morocco’s OCP launches its 1st carbon farming project in Brazil

Morocco’s state-owned OCP Group, the world’s largest producer of phosphate-based fertilizers, announced on Tuesday its first carbon farming and certification project in Brazil to ensure food security and advance towards global net zero emissions. The OCP has teamed up with Bioline by InVivo, Agrorobótica and a selected famer for this project to be carried out […]

Business Egypt Finance Headlines

Egypt applies to join Shanghai-based New Development Bank

Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]

Headlines Maghreb Morocco

Morocco Hosts UN Regional Counter-Terror Training Session for African Law Enforcement Agents

The UN Office of Counter Terrorism through its Program Office in Rabat for Counter-Terrorism and Training in Africa launched on Monday its 2nd specialized training session on counter-terrorism investigation skills. Twenty-four law enforcement agents from Benin, Burkina Faso, Chad, Mali, Nigeria and Senegal are taking part in the training to last till Sept.23. The training […]

Americas Headlines International Tunisia

Tunisia to face Brazil in friendly match in build to FIFA World Cup 2022

Tunisia’s national soccer team Carthage Eagles will play world’s largest FIFA World Cup winners Brazil in a friendly match on September 22 as both sides prepare for the 2022 world cup to take place in Qatar. The fixture, according to Eric Frozio, correspondent of French media L’Equipe, Canal Plus in Brazil, will take place in […]

Business Headlines International Morocco

Evergrowing list of countries seeking Morocco’s phosphates, fertilizers

Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]

Americas Business Headlines International Morocco

Morocco’s OCP to set up phosphate fertilizer plant in Brazil

Morocco’s OCP Group is set to open a new phosphate fertilizer manufacturing plant in Brazil, announced Brazil’s Agriculture Minister on Twitter earlier this week. The move contributes to the stabilization of the market amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, a shortage that was worsened by the conflict […]

Americas Business Headlines International Morocco

Brazil seeks more Moroccan fertilizers

Brazil’s Agriculture Minister Marcos Montes is expected in Morocco this week to seek more fertilizers for his country after a halt of Russian exports, Reuters reported. Brazil relies on imports for about 85% of its fertilizer needs and is concerned about a potential global shortage of the products after Western nations imposed sanctions on key […]

Americas Business Emerging Markets Headlines International Morocco

Morocco-Brazil trade exchanges up 18.2 % in Q1 2022

Trade exchanges between Morocco and Brazil reached $466.3 million in the first quarter of 2022, or 18.2 pc increase compared to the same period of last year. According to data released by Brazil’s economy ministry, Moroccan exports to Brazil dropped to $223.5 million in Quarter 1 2022 from $251.8 million recorded from January to March […]

Americas Business Headlines International Morocco

Russia-Ukraine war: Morocco to scale up fertilizers exports to Brazil

The Russia-Ukraine war is reshaping the global trade & supply chain as Western nations have imposed severe economic and financial sanctions on Moscow for its invasion of Ukraine. Morocco is the 3rd supplier of fertilizers to Brazil after Russia and Belarus. To avoid a shortage of the nutrients due to the international sanctions and escalating […]