X

Keywords:


Colorado's Strong Q1 2024 Performance Fueled by Vigorous Sales and Production Expansion

Colorado, a prominent player in its industry, has kicked off 2024 on a high note, reporting impressive financial results for the first quarter. The company's unwavering commitment to excellence has translated into a remarkable 8.6% year-over-year increase in its turnover, which stood at MAD 129.6......

The Renaissance of Arabic: Reclaiming its Status in Moroccan Literary Production

In a remarkable testament to the resurgence of Arabic within the realms of education and culture, a report by the King Abdul Aziz Al Saud Foundation for Islamic Studies and Human Sciences in Casablanca has unveiled a significant trend. The findings shed light on the deeply rooted process of Arabization......

CMT's Production and Sales Surge in the 1st Quarter of 2024

In the first quarter of 2024 (Q1 2024), the CMT group witnessed a remarkable surge in its production, reaching 92,350 tonnes, reflecting a 4.8% increase compared to the previous year. This impressive growth underscores the company's resilience and strategic positioning within the industry. While......

Argan Gold: Morocco's Liquid Treasure Empowering Rural Women

In the sun-drenched landscapes of Morocco, the humble argan tree stands as a mighty symbol of resilience and socio-economic empowerment. As the world observes International Day of Argania on May 10, this ancient wonder takes center stage. Its golden elixir, argan oil, is transforming lives and entire......

Forafric Expands Milling Capabilities with Decade-Long Facility Lease

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 Expands Agreement with ExxonMobil Petroleum & Chemical BV

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......

OCP Group's Ambitious $2 Billion Bond Fuels Green Transition

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 to Import Around 10 Million Tons of Wheat to Offset Decline in National Production

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"......

Morocco Struggles Against Drought's Grip on Crucial Wheat Harvests

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,......