Algeria Business Headlines Morocco

Polisario suffers another legal setback in New Zealand

The Polisario and its mentor Algeria failed once again in bringing a case in New Zealand against a sovereign fund that imports Moroccan phosphates. The high court in New Zealand has rejected a complaint by the Polisario against the sovereign fund which it said has authority to make investments in line with local laws.   […]

Africa Business Headlines International Morocco

Morocco-Nigeria: $1.3 Bln fertilizer production plant project advancing

Following the telephone conversation held last month between King Mohammed VI and President Muhammadu Buhari, a Nigerian delegation led by minister of Petroleum Resources Timipre Marlin Sylva is visiting Morocco to set out the next steps of the $1.3 Bln fertilizer production plant project launched in June 2018. Spearheaded by OCP Group and the Nigeria […]

Americas Business Headlines International Morocco

US Department of Commerce to impose countervailing duties of 19,97% on imports of Moroccan phosphate fertilizers

The US Department of Commerce announced Tuesday Feb.9 its final determination that phosphate fertilizer imports from Morocco are unfairly subsidized and decided to impose countervailing duties of 19.97 percent on US imports of Moroccan phosphate fertilizers. The OCP Group said in a press release that it acknowledges Tuesday’s final decision from the US Department of […]

Americas Business Headlines International Morocco

Coalition of US companies opposes tariffs on phosphate imports from Morocco

The Trade Alliance to Promote Prosperity (TAPP), a coalition of American companies, workers & trade associations, has voiced its opposition to increasing taxes on phosphate imports from Morocco and Russia. Such a move and hike would deal another blow to farmers, said Mr. Kent Kaiser, executive director of TAPP. His comments come after the giant […]

Business Europe Headlines International Morocco

OCP partners with Budenheim and Prayon to double phosphoric acid production

Morocco’s phosphates and fertilizer producer, OCP, partnered with German and Belgian partners, Budenheim and Prayon, to build a new plant for the production of purified phosphoric acid. This will be achieved through their subsidiary Euro Maroc Phosphor (EMAPHOS) in a project that will help the OCP consolidate its global leadership in the production of Purified […]

Africa Business Headlines International Morocco

Morocco’s OCP maintains leadership in African fertilizers market

Morocco’s phosphate group OCP has shown resilience and agility amid the coronavirus crisis and is forging ahead to bolster its leadership position in the African fertilizers market. The group maintains its fertilizers factories in Ghana, Nigeria and Ethiopia unchanged and expects to switch them on by 2024, the OCP told Reuters. Nigeria plant in particular […]

Headlines Morocco

Morocco: Towards development of scientific research, digitization of education

Morocco is stepping up efforts to promote scientific research and innovation and upgrade digitization of education. To this end, the departments of National education and Higher Education & Scientific Research, the OCP Foundation, and the Mohammed VI Polytechnic University (UM6P) have signed in Rabat on Saturday a framework agreement setting up a strategic partnership in […]

Business Headlines Maghreb Morocco

Morocco’s phosphates exports resilient to Covid-19

Despite an overall drop in exports up to April by 20%, Morocco’s exports of phosphates in particular maintained same level in the first quarter this year compared with the same period last year signaling the strategic importance of fertilizers to global food security. The state-owned OCP, one of the world’s biggest exporters of phosphates and […]

Business Headlines Maghreb Morocco

Sahara: Polisario hit by another major setback in New Zealand

After losing all its legal battles launched at EU, UN, US Congress, Africa…against Morocco’s territorial integrity, its agricultural, fisheries and phosphate deals including Moroccan Sahara, the Polisario tried once again its disruptive game in New Zealand but to no success. The representative of the Polisario Front in Australia and New Zealand had lodged a complaint […]

Africa Business Headlines International Morocco

OCP, Kenya’s KNTC to improve farmers’ access to fertilizers at affordable prices

Morocco’s leading phosphate company OCP and the Kenya National Trading Corporation (KNTC) have struck a partnership to improve farmers’ access to fertilizers at affordable prices. The partnership between the KNTC and OCP’s office in Kenya will ensure that farmers can get fertilizers at the right time, reported the Kenyan Daily Nation paper. KNTC managing director […]