First Independent Mena Newspaper
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 […]
L’Office Chérifien des Phosphates or OCP, the Moroccan State-owned phosphates company, “has come a long way since its founding in 1920. We are proud of this long history, and we look confidently into the future. First of all, at the national level, we are proud of our contributions to the wealth and the well-being of […]