First Independent Mena Newspaper
Moroccan-Nigerian cooperation has gained momentum during the past couple of years, prompting an upbeat outlook of the business community over the two countries’ economic partnership. Morocco and Nigeria are two regional powers. They are aware of their huge potentials and untapped resources. Their economies are complementary, not competitive. The North African Kingdom has the world’s […]
Morocco’s State-owned phosphates Group OCP and UAE National Oil Company (ADNOC) have agreed to enhance their partnership and set up a new global fertilizers joint venture. The new entity will build on the two groups’ competitive advantages, namely ADNOC’s world-scale sulphur production, ammonia and gas expertise, and shipping and logistics network, and OCP’s access to […]
Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]
Abu Dhabi’s National Oil Company (ADNOC) and Morocco’s state-owned phosphates company (OCP) signed a sulphur supply agreement covering 25 years. Under the agreement, ADNOC will increase the volume of sulphur exports to the OCP up from 2 million tons in 2016. ADNOC, one of the world’s largest sulphur producers, sees promising prospects for raising sulphur […]
The Moroccan Phosphates company (OCP) and the Indian Krishak Bharati Limited (Kribhco) will jointly build a fertilizer production unit in Andhra Pradesh state, in southern India. The $230 million worth project, co-financed by the two part-ners, will have an annual production capacity of 1.2 million tons of NPK fertilizer (nitrogen, phosphorus, potassium). The fertilizer production […]
Indonesian daily, The Jakarta Post, wrote on Sunday about the promising prospects for the development of economic ties between Indonesia and Morocco, which the paper described as a “regional power in North Africa.” Morocco is a “promising market as well as a gateway to both African and European countries for Indonesian products and investment, as […]
It seems that economic cooperation between Morocco and India is gaining momentum since the historic visit paid last year by King Mohammed VI to that giant country. To boost further trade exchanges between the two countries, an Indian business delegation is expected in the North African country next week to explore the possibilities of partnership […]