Keywords: 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 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, 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......
OCP Africa, a subsidiary of the OCP Group, has entered into a groundbreaking partnership with Niger’s Ministry of Agriculture and Livestock to revolutionize agricultural value chains in the country. This agreement, supported by the World Bank, reflects OCP Africa's dedication to sustainable......
Morocco has firmly established itself as a leading player in the global energy transition, leveraging its renewable energy resources and green hydrogen production. With a forward-thinking strategy and robust natural endowments, the country is making strides to become one of the world’s top producers......
OCP Group, a leading Moroccan phosphate producer, is making strategic moves to expand its influence in the global animal feed sector. The company has submitted a proposal to Morocco's Competition Council to acquire a 75% stake in Spain’s Global Feed SLU, enhancing its control over the Spanish......
OCP Group, Morocco's leading phosphate company, is preparing to issue bonds worth MAD 5 billion from December 10 to 12, 2024. This move aligns with the company's ongoing green investment strategy for 2023-2027, which has a substantial budget of MAD 130 billion. The Moroccan Capital Market Authority......
The OCP Group has reported robust financial results, with its revenue (chiffre d’affaires) reaching 69.046 billion Moroccan dirhams (MAD) by the end of September 2024. This marks a 13% increase compared to the 61.03 billion MAD recorded during the same period in 2023. The growth was driven primarily......
In a significant move towards advancing agricultural innovation, OCP Nutricrops, the Mohammed VI Polytechnic University (UM6P), Intercéréales-France, and Arvalis have formalized a memorandum of understanding aimed at bolstering cooperation in agronomic research and agricultural development.......
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