First Independent Mena Newspaper
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 […]
Morocco’s state-owned phosphates company, OCP, will build a fertilizers’ production plant in Africa’s most populous country, Nigeria, several Nigerian news outlets reported after a visit to Abuja by Nasser Bourita, Minister Delegate to the Minister of Foreign Affairs and Cooperation. The new plant will help Abuja boost its agricultural sector with a potential for exports […]
Morocco and India have set up a joint trade and industry chamber to boost economic cooperation between the two countries. The chamber was launched during a ceremony attended by India’s vice-President Mohammad Hamid Ansari who is paying a visit to the North African country, the Head of the Moroccan Government Abdelillah Benkirane and businessmen from […]
Upgrading the basic infrastructures of the southern provinces of Morocco and improving the socioeconomic living conditions of Sahrawi people are among the top priorities of King Mohammed VI who is currently touring the region. These inclusive priorities, supported by US and international community, have been mapped out by the Sovereign on the occasion of the […]
India, the world largest democracy and regional superpower, is looking into ways of tapping into Morocco’s growing economic and political influence in Africa for building a strategic partnership with the African continent during the 3rd India-Africa Forum Summit which opens this Thursday in New Delhi. According to some experts, India wants to counter China’s dominance […]
Morocco, the world’s largest producer of phosphate, and Argentina, an agricultural power, would benefit from increasing trade. Foreign investors are gnashing their teeth as Argentina defaulted on its sovereign debt for the eighth time in its history – but not all of them. Whilst Buenos Aires’ financial problems threaten to worsen regional trade, it is […]
L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]
Morocco’s Phosphates group, OCP, is about to complete the construction of a fertilizer plant in Jorf Lasfar (110 km south of Casablanca) whose entire output will be destined to the African market. The plant, costing about $ 600 million, is expected to produce one million tons of fertilizers per year that will be wholly exported […]
The security challenges posed to parts of the Atlantic Basin, particularly in Africa, by extremist ideology, weak institutions, economic uncertainty, and weak rule of law require a global and integrated approach that promotes socio-economic development. This is one of the conclusions reached by the Atlantic Dialogues 2013, an annual global issue forum that was held […]
The OCP group and its Belgium-based partner Prayon signed last week an exclusive licensing agreement relating to Prayon’s water soluble mono-ammonium phosphate (MAP) fertilizer technology, globally recognized for the quality of its industrial processes in the water soluble fertilizer sector. OCP will exploit the technology in a water soluble MAP fertilizer production plant, which will […]