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OCP Group's Financial Resilience: Turnover Surges Amid Market Volatility

In a testament to its adaptability and market prowess, OCP Group, a major player in global phosphate production, has reported a remarkable 15% increase in turnover for the first half of 2024. This impressive growth, reaching MAD 43.25 billion ($4.25 billion), comes despite challenging market conditions,......

Morocco's Jorf Lasfar Plant Expands: A Wave of Change in Water Security

In a bold move to combat water scarcity, Morocco's Jorf Lasfar seawater desalination plant is significantly increasing its production capacity. The facility, operated by the OCP Group, is set to play a crucial role in supplying water to El Jadida, Casablanca, and surrounding areas. Initially established......

Safi's Seawater Solution: Innovative Desalination Plant Tackles Water Scarcity

The coastal city of Safi, Morocco, is witnessing a significant transformation in its water management strategy with the launch of a cutting-edge seawater desalination plant. This ambitious project, spearheaded by the OCP Group through its subsidiary OCP Green Water, is set to revolutionize water supply......

Indonesian Fertilizer Firm Eyes Algeria’s Untapped Phosphate Potential

Indonesia’s Leading Fertilizer Company Considers Algerian Phosphate Investments Amid Global Market Competition PT Pupuk Indonesia, a major player in the global fertilizer industry, is exploring investment opportunities in Algeria's phosphate sector, according to recent reports from Algerian......

Historic Mamounia Hotel Changes Hands: A $173 Million Deal

In a landmark transaction, the Moroccan government has sold its shares in the legendary Mamounia Hotel to the state-owned OCP Group for a sum of 1.7 billion dirhams ($173 million). This move signals a significant shift in ownership for Morocco's oldest and most illustrious hotel, celebrated globally......

Empowering Africa's Agricultural Future: Morocco's Multifaceted Approach to Food Security

Morocco has emerged as a pivotal player in addressing the crucial issue of food security across the African continent. Driven by the visionary leadership of King Mohammed VI, the Kingdom's multifaceted approach combines strategic initiatives, innovative partnerships, and a deep commitment to fostering......

Global Forum on Fair Transitions Convenes in Morocco, Fostering North-South Dialogue

The esteemed University Mohammed VI Polytechnic (UM6P) in Morocco has made history by hosting the Spring Meeting of the Paris Peace Forum for the first time outside of Paris. Themed "Fair Transitions," this year's gathering addressed pressing global challenges exacerbated by climate change,......

OCP Group Secures €200M Financing for Sustainable Initiatives

In a significant stride towards sustainable development, the OCP Group, a leading global fertilizer producer, has secured a €200 million (MAD 2.1 billion) financing agreement from KfW, Germany's esteemed development and investment bank. This substantial investment will fuel the group's unwavering......

Moroccan Fertilizer Powerhouse Collaborates with USAID to Boost Africa's Agriculture

In a significant development poised to transform Africa's agricultural sector, Morocco's OCP Group, a key player in the global fertilizer industry, has teamed up with the United States Agency for International Development (USAID). This landmark partnership, announced during USAID Administrator......