Economy
Morocco has solidified its position as a key player in the global energy and industrial transition, capturing more than 90% of cobalt production and consumption across the Middle East and North Africa (MENA). This dominance underscores the country’s pivotal role in supply chains for critical minerals,......
Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......
OCP Nutricrops has announced a major milestone in its fertilizer production, surpassing five million tonnes of Triple Super Phosphate (TSP) fertilizer. This achievement is attributed to the company's innovative TSP Hub program, which operates at the Jorf Lasfar industrial platform in Morocco. Advancing......
Morocco’s OCP Group has achieved a landmark in water sustainability, completing the country’s longest water pipeline two years ahead of schedule. The 203-kilometer infrastructure transports desalinated water from Jorf Lasfar on the Atlantic coast to the phosphate-rich Khouribga region, addressing......
Morocco has announced the inauguration of its first lithium-ion material manufacturing plant in Jorf Lasfar, a significant step in the country’s push to become a global leader in green technology and electric vehicle (EV) production. The facility, developed by COBCO—a partnership between......
Morocco has emerged as a significant hub for large-scale Chinese investments in electric vehicle battery production, prompting critical discussions about its potential for genuine industrialization versus its position as a pawn in the geopolitical rivalry between China and the West. In a recent analysis......
Jorf Lasfar's industrial port, a cornerstone of Morocco's economy, has reached a significant milestone with the inauguration of the first production lines for Nickel Cobalt Manganese (NCM) used in Precursor Cathode Active Materials (PCAM). This development is driven by Cobco, a subsidiary of......
Marsa Maroc, the Moroccan port operator, has secured €65 million in financing from the European Bank for Reconstruction and Development (EBRD) to modernize key port terminals in Morocco. This strategic partnership underscores Marsa Maroc's commitment to enhancing the country’s port infrastructure,......
Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......
New Facility Aimed at Boosting Domestic and International Steel Production Riva Industries, a prominent Moroccan steel manufacturer, has inaugurated an advanced industrial complex in Jorf Lasfar with an investment of approximately 2.9 billion dirhams ($290 million). This cutting-edge facility is set......