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OCP Group Eyes 75% Stake in Spain’s Global Feed SLU: Strengthening Its Position in Animal Nutrition

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 Plans MAD 5 Billion Bond Issuance to Fund Green Investment Program

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......

OCP Group Achieves Over 69 Billion MAD in Revenue by End of September 2024

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......

OCP Africa and Mali Join Forces to Revolutionize Agricultural Practices

In a significant move to transform Mali's agricultural landscape, OCP Africa, the African subsidiary of Morocco's OCP Group, has entered into a partnership with Mali's Ministry of Agriculture. This collaboration, backed by the World Bank, aims to enhance agricultural productivity through......

Morocco's Economic Resilience: S&P Forecasts Sustained Growth Amid Reforms

Morocco's economy is poised for sustained growth, according to a recent report by S&P Global Rating. The international credit rating agency has highlighted ongoing economic reforms in the North African kingdom, predicting that these measures will foster more inclusive and resilient economic expansion......

Morocco's Phosphate Industry Leaps Forward with $33 Million Tech Upgrade

In a significant move to bolster its phosphate production capabilities, Morocco's OCP Group has partnered with global mining technology leader Weir Group PLC in a £25 million (approximately $33 million) deal. This collaboration aims to introduce cutting-edge, energy-efficient solutions to OCP's......

Phosboucraa Foundation: Catalyzing Sustainable Growth in Morocco's Southern Provinces

The Phosboucraa Foundation, established in 2014, has emerged as a significant force for sustainable socio-economic development across Morocco's southern provinces in the Western Sahara. According to its 2023 annual report, the foundation's initiatives have benefited over 200,000 individuals,......

OCP Group's Mzinda Meskala: A Strategic Initiative to Revolutionize Fertilizer Production in Africa

In a bold move to address the critical issue of fertilizer accessibility and affordability in Africa, the OCP Group has unveiled its innovative program, Mzinda Meskala. This strategic initiative aims to transform the continent's agricultural landscape by boosting local fertilizer production and reducing......

Morocco's OCP Group: A Resilient Rebound in Revenue, Signaling Strength in the Face of Adversity

In a remarkable display of resilience, Morocco's OCP Group has emerged as a beacon of strength in the face of economic challenges, recording a robust revenue of MAD 43.5 billion (approximately $4.35 billion) as of June 2024. This significant rebound, amidst a global economic landscape marked by uncertainty,......