First Independent Mena Newspaper
The announcement by Morocco’s phosphates and fertilizers producer OCP to double its soil nutrient exports to Africa was a boon for a continent that bears the brunt of the surge in commodities prices due to the Russia-Ukraine war. OCP said last week it will bolster its fertilizers exports to Africa to 4 million tons in […]
Morocco’s OCP has donated Senegal 25,000 tons of phosphate products for the benefit of Senegalese small farmers. The products were handed over, Thursday in Diamniadio, 30 km from Dakar, at a ceremony attended by the Senegalese Minister of Agriculture, Rural Equipment and Food Sovereignty, Aly Ngouille Ndiaye, Director of OCP’s subsidiary in West Africa, Mohamed […]
The OCP Group has inaugurated in Kaduna, Northern Nigeria, a state-of-the-art fertilizer blending plant, its first on the continent. Extending over 10 hectares, this facility houses a blending unit with a production capacity of 120 tons per hour; a 25,000-ton storage unit; a modern training center dedicated to the various partners; a laboratory equipped with […]
Morocco’s phosphates and fertilizers producer OCP said its revenue in the first six months rose 72% to a record 56 billion dirhams at a context of higher demand and higher prices in the international market. Fertilizers prices rose in the first half of this year due to supply disruption resulting from the war in Ukraine […]
The World Bank, through its Multilateral Investment Guarantee Agency (MIGA), has just announced a €570 million disbursement guarantee for the construction of a new university campus for the Mohammed VI Polytechnic University (UM6P) near Rabat. These funds are made up of loans whose guarantee lasts up to 10 years and which are allocated to the […]
The OCP group announced that it has obtained the Government’s greenlight for the creation in Spain of a company dedicated to the production and marketing of organic fertilizers as well as to research and development in this field. The announcement was made after the publication in the Official Gazette of a decree allowing the Group […]
Morocco’s OCP Group and the Ethiopian government have signed an agreement to develop a fertilizer plant in gas-rich Dire Dawa in northern Ethiopia, for a total investment of up to $3.7 billion dollars, as announced by the Ethiopian Ministry of Finance. A visiting Ethiopian delegation led by the country’s Minister of Finance, Ato Ahmed Shide, […]
Morocco’s OCP Group, the world leader in the fertilizers market, posted sales of 32.5 billion dirhams, in the first half of 2021, up 18.5% compared to the same period last year when sales amounted to 27.4 billion dirhams. In the second quarter of 2021, the turnover reached 18.19 billion dirhams, compared to MAD 15.13 […]
Green Energy Park (GEP), an international research platform and training in solar energy located in the green city of BenGuerir, has inked a deal with Inesc P&D Brasil, a private Brazilian technology and scientific institute, for technology transfer. Per the agreement, the Arab-Brazilian Chamber of Commerce said, Morocco will share its technology in terms of […]
Morocco’s state-owned phosphate Group (OCP) has joined the European Sustainable Phosphorus Platform (ESPP) to contribute to the promotion of sustainable management of phosphorus. “We are pleased to become an ESPP member. Phosphorus is a vital resource and we are committed to maximizing the potential of this resource, through innovation and R&D to continue to create […]