
Morocco Pledges 45.5% Cut in Greenhouse Gas Emissions by 2030
Morocco has raised its reduction commitment, to at least 45.5% of its greenhouse gas emissions, by 2030.

Morocco has raised its reduction commitment, to at least 45.5% of its greenhouse gas emissions, by 2030.

Automotive exports reached 35.4 billion dirhams during the first five months of 2021, an increase of 49.5% compared to the same period in 2020.

The trade deficit reached 80.95 billion dirhams at the end of May 2021, an increase of 10.4% compared to the same period in 2020. This is what emerges from a note from the Office of Exchange on the monthly exchange indicators for the month of May 2021.

The OCP group announced that it has successfully carried out a bond issue on international markets for a total amount of $1.5 billion. Details of the issue composed of two tranches and listed on Euronext Dublin.

Tough times for the boss of the Moroccan giant of phosphate fertilizers OCP. The group led by Mostafa Terrab is prohibited from continuing its exports to the North American market. This is the beginning of an unprecedented battle for the strategic North American market.

The OCP Group, the leading exporter of phosphate in Morocco, welcomes Nadia Fassi Fehri to its Top Management. She is joining as Chief Transformation Officer and member of the Group’s strategic committee.

The second edition of the Phosphates Days was held from October 13 to 17 and brought together online 1,445 researchers and engineers from 25 countries. Unanimously, the participants in this virtual meeting confirmed the importance of R&D in the competitiveness of companies and the development of nations.

Brazil, a country with a strong agricultural vocation, aspires to boost its agricultural production in the coming years. This is the goal of a recent webinar during which the speakers highlighted the essential role of Moroccan phosphate for Brazil in achieving this objective.

For the first seven months of 2020, both Moroccan imports and exports of goods recorded year-on-year declines of 17.5% and 17% respectively compared to the same period last year.

The Office Chérifien des Phosphates (OCP) group has just celebrated its 100th anniversary. An opportune occasion for the group to look back on the key moments in its history and pay tribute to all the people who have marked it.

The American group Mosaic accuses the Office Chérifien des Phosphates (OCP) of selling "subsidized" products on the world market. The Moroccan group rejects these accusations.

Algeria is preparing to launch two major "promising and engaging several sectors" projects, particularly in the phosphate sector, thus seeking to compete with the world number one, Morocco .