First Independent Mena Newspaper
Morocco’s Phosphate group, OCP, and Chinese Hubei Forbon, which specializes in fertilizer additives, have signed a comprehensive partnership agreement under which they will jointly develop a new generation of eco-friendly fertilizers. Under the partnership, the two companies will work together develop a new generation of high added-value fertilizers such as biostimulants, sulfur fertilizers, fertilizers with […]
Morocco’s phosphates company saw its revenues grow by 15% in the first half of the year to 26,599 million dirhams ($2.86 billion). Revenues increased from 23,152 million dirhams last year as the company continues to invest in Africa where it plans the setting up of fertilizer plants in Ethiopia and Nigeria. “This sales growth was […]
Morocco’s phosphates company, OCP, and the Government of Ghana signed a memorandum of understanding to develop the fertilizer value chain. The agreement was signed by Ghana’s Ministry of Food and Agriculture (MoFA) and the OCP Group as part of the Government of Ghana’s newly designed Fertilizer Expansion Program (GFEP). Under the agreement, the two parties […]
Moroccan-Nigerian cooperation has gained momentum during the past couple of years, prompting an upbeat outlook of the business community over the two countries’ economic partnership. Morocco and Nigeria are two regional powers. They are aware of their huge potentials and untapped resources. Their economies are complementary, not competitive. The North African Kingdom has the world’s […]
After the agricultural caravans it launched in Côte d’Ivoire (Octobre 2015), Guinea (May 2015), Togo (April 2017), Madagascar (Septembre 2017) and Burkina Faso (May 2018), the foundation of the Moroccan phosphates group OCP kicked-off a new stage on Friday (June 1) in Addis Ababa, Ethiopia. The caravan will crisscross the next agricultural season in four […]
OCP Africa, a subsidiary of the Moroccan State-owned Phosphate OCP group, will set up a $ 6.3 million joint venture dubbed “Rwanda Fertilizer Company”, according to Maghreb Intelligence magazine. The OCP will have a 57.4 pc majority stakes in the company, while Agro Processing Trust Corporation Ltd (APTC) will hold 30 pc and the State […]
The Polisario has incurred a new setback in its legal maneuvers against Morocco after the Kingdom’s phosphate company, OCP, restored ownership of a 55,000 tons of phosphates rock unlawfully held in South Africa following a legal challenge by the Polisario. The cargo on board Cherry Blossom was seized in South Africa since May 2017 after […]
Cherry Blossom vessel, loaded with 55,000 tons of Moroccan phosphates, which has been illegally seized by South African authorities since May 1, last year, has just left the South African territorial waters and her cargo has been returned to its legitimate owner, Morocco’s phosphates company, OCP. It all started last May, when a South African […]
Moroccan phosphate group OCP, Attijariwafa Bank and Saham Finances have been honored by the Africa CEO Forum convened lately in Abidjan, Côte d’Ivoire. OCP, a global market leader of phosphate and its derivatives, has received the “CSR Strategy of the Year” Award for respecting and implementing a Social and Environmental Responsibility policy. The CSR strategy […]
Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]