Keywords: PRODUCTION
Forafric, a leading agribusiness player with operations in Morocco and across Sub-Saharan Africa, has signed a 10-year renewable contract to lease and operate a milling facility in the Meknès-Fès region. This move is expected to significantly increase the company's milling capacity. This......
OLA Energy Morocco, a leading energy company in Morocco and a significant player in Africa's energy sector, announced on Monday an expanded agreement with ExxonMobil Petroleum & Chemical BV to blend Mobil-branded lubricants in Morocco. Building on their existing partnership, this initiative......
In a bold step toward sustainability, Morocco's phosphate giant OCP Group has launched an investor roadshow for a new international bond valued at up to $2 billion. This move follows the company's announcement in 2022 of a comprehensive $13 billion green transition plan, underscoring its commitment......
Morocco plans to import approximately 10 million tons of wheat this year to compensate for the decline in national production, which will not exceed 2.5 million tons during this agricultural campaign. Abdelkader Alaoui, president of the Moroccan Federation of Mills, explained in a statement to the "Efe"......
As Morocco finds itself in the tightening clutches of an enduring drought, the nation braces for a significant downturn in wheat production, signaling a pronounced rise in reliance on imports for this indispensable crop. The bleak agricultural forecast, outlined by the agricultural advocacy group Comader,......
Morocco's crucial phosphate exports are rebounding in 2024 after a sharp decline last year amidst global demand shifts. New data from the nation's Office of Exchange reveals a notable 17% increase in shipments of phosphate rock and fertilizers in January compared to the same period in 2023. These......
Morocco is poised to ascend into the realm of global aerospace manufacturing by the end of the decade. Industry and Trade Minister Ryad Mezzour recently affirmed the nation's commitment to unveiling its first entirely domestically produced aircraft by 2026. In an interview with the “Al-Sharq......
When Apple unveiled its inaugural foray into virtual reality (VR) with the Vision Pro headset last year, consumers were taken aback by its hefty $3,499 price tag. However, a recent report has illuminated the stark contrast between the actual production costs and the retail price, unraveling an intriguing......
Morocco is making significant progress in bolstering its electricity production from renewable sources, marking a notable upswing in 2023. According to a recent report from the Directorate of Studies and Financial Forecasts, total electricity generation experienced a 2.4% increase last year, showcasing......
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