Business Editorials Emerging Markets Headlines Morocco

Morocco’s OCP plans its own ammonia plant worth $7 bln

Morocco’s fertilizer manufacturer, OCP, said it plans to invest 7 billion dollars in an industrial complex that will help it produce green ammonia from hydrogen produced from renewable energies in the southern region of Tarfaya. The project- which will also include a desalination plant- is part of the already announced $13 bln-project to fully shift […]

Africa Business Emerging Markets Headlines International Morocco

OCP mulls phosphates investment in Togo

Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. A deal was signed by Togolese agriculture minister Antoine Kepka Gbebgeni and head of OCP Africa Mohamed Anouar Jamali. The plant is expected to be achieved in the medium term […]

Africa Features Headlines International Morocco

Morocco Celebrates Africa’s Day and Its South-South Cooperation Policy

Morocco celebrated on Thursday Africa’s Day and its solidarity south-south cooperation spearheaded by King Mohammed VI for the emergence of a New, strong, stable, unified and prosperous Africa upbeat over its future. In a keynote address, Foreign minister Nasser Bourita said under the Royal farsighted leadership, Morocco has made African integration and South-South cooperation cornerstone […]

Africa Business Emerging Markets Headlines International Morocco

Tanzania seeks more investments by Morocco’s OCP

Tanzania is seeking to have another OCP plant to produce fertilizers in the country as part of efforts to bolster farming output and reduce food inflation. “President Samia Suluhu Hassan had met with Moroccan state-owned fertilizer producer The OCP Group for talks to establish another plant in Tanzania,” Tanzanian media The Citizen reported. Morocco’s phosphates […]

Africa Business Headlines International Morocco

Dakar 2 Summit: Morocco’s OCP committed to improving farming productivity in Africa (Official)

Morocco OCP group will “actively contribute” to improving agricultural productivity in Africa, with a commitment to devote to the continent more than 4 million tons of fertilizers in 2023, said the General Manager of OCP Africa, Mohamed Anouar Jamali. This amount represents “more than double that provided by OCP to the continent in 2021 and […]

Asia Business Headlines International Morocco

OCP, India seal deal for supply of 1.7 million tons of fertilizer over 12 months

Morocco’s OCP Group and the Indian government have sealed an agreement on the supply of fertilizers to the Asian country. In a statement released over the weekend, OCP said it will supply more than 1.7 million metric tons (MT) of phosphate fertilizers to Indian companies during the agricultural season over the next twelve months. “The […]

Asia Business Headlines International Morocco

India seeks food security through more Moroccan phosphates supplies

Indian chemicals and fertilizers minister Mansukh Mandaviya will be visiting Morocco this month to seal long-term phosphates supply deal amid surging prices in the international market. Indian media reported that in addition to Morocco the minister, accompanied by Indian firms, will also visit Egypt to set up plants for Diammonium Phosphate (DAP) and Nitrogen-Phosphorus-Potassium (NPK) […]

Africa Business Headlines International Morocco

Madagascar seeking Moroccan fertilizer investment

President Andry Rajoelina of Madagascar announced his country is seeking an investment from Morocco in the fertilizer sector as part of its efforts to achieve farming self-sufficiency, Reuters reports. “We are seeking Moroccan fertilizers as well as investments in the fertilizers’ sector,” Rajoelina, who visited Morocco in October, told Reuters in an email. “We need […]

Energy Europe Headlines International Morocco

Morocco eyes huge hydrogen projects for export to Europe – Bloomberg

Morocco is considering partnering with Gautam Adani — Asia’s richest person — on a large-scale hydrogen project amid a renewable energy push to meet demand at home and in Europe. Authorities are thinking of signing final investment decisions for “at least two competitive industrial projects” in 2023, Moroccan Energy Transition Minister Leila Benali told Bloomberg […]

Business Columns Energy Headlines Morocco

OCP sets green transition example for Moroccan industry

Moroccan phosphates and fertilizers producer is setting the example for other industry giants in Morocco by adopting an ambitious roadmap to reach carbon neutrality by 2040 starting with a shift to fully rely on renewable energy in fertilizers production by 2027. The new plan is part of Morocco’s efforts, spurred by the leadership of King […]