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Morocco solidifies its position among Africa's economic powerhouses

Morocco has reinforced its status as a significant economic player on the African continent, as highlighted by the magazine “Jeune Afrique” in its announcement of the 26th edition of its exclusive ranking of Africa's 500 largest companies. With a total revenue of $55.9 billion, Moroccan......

OCP Green Water bolsters Casablanca’s water supply with advanced desalination project

OCP Green Water has significantly strengthened water security in Casablanca South by delivering 60 million cubic meters of desalinated water annually, addressing the region’s growing demand for potable water. The initiative, launched in October 2024, represents a major effort to mitigate water......

Brazil and Morocco partner to advance sustainable agriculture research

The Brazilian Agricultural Research Corporation (Embrapa) has entered into a strategic cooperation agreement with Morocco’s OCP Group—through its subsidiaries OCP Fertilizers and OCP Nutricrops—and the Mohammed VI Polytechnic University to expand research and development in sustainable......

HydroJeel secures €30M grant to expand green ammonia production in Morocco

Casablanca, 12/02/2025 – HydroJeel, a subsidiary of INNOVX, has received a €30 million grant from the Power-to-X (PtX) Development Fund, an initiative of the German Federal Ministry for Economic Cooperation and Development (BMZ) managed by KGAL Investment Management on behalf of KfW. This......

Moroccan fertilizer firm OCP secures $300 million through strategic bond issuance

Morocco's prominent fertilizer producer OCP has successfully completed a $300 million bond issuance, furthering its expansion plans and financial strategy. The issuance follows the authorization granted by the company's Board of Directors in December of the previous year and complies with European......

Morocco advances sustainable farming practices across Africa, study finds

A new study from Singapore's Nanyang Technological University reveals Morocco's significant progress in implementing regenerative agriculture throughout Africa, highlighting opportunities for Asian agribusiness collaboration in addressing food security challenges. The research, published on......

Chinese Port Equipment Firm ZPMC Secures $205M Contract with Morocco's OCP

Morocco's state-owned phosphate powerhouse OCP Group has finalized a MAD 2.05 billion ($205 million) agreement with Shanghai Zhenhua Heavy Industries (ZPMC) for bulk cargo handling equipment at the Port of Safi. The contract, announced December 30, specifies a 30-month delivery timeline. ZPMC, which......

Morocco’s Agricultural Diplomacy: Navigating Climate Challenges and Global Trade

Morocco’s thriving agricultural sector has long been a cornerstone of its economy and international engagement. Yet, as climate change intensifies, the nation faces mounting challenges that could reshape its agricultural landscape and global trade relationships. Agriculture as an Economic Pillar Agriculture......

OCP Africa Partners with Niger to Transform Agricultural Value Chains

OCP Africa, a subsidiary of Morocco’s OCP Group, has entered into a landmark partnership with Niger’s Ministry of Agriculture and Livestock to improve the country’s agricultural value chains. The agreement, announced on Friday, aims to promote sustainable agricultural development and......