Another step forward in Morocco’s role as a “regional key player” in Africa:
The plant was inaugurated by King Mohammed VI, a fervent advocate for African causes. OCP state-owned company has injected $537 million in the plant in the Jorf Lasfar area, located on the Atlantic coast.
The plant includes units that can produce 1 million tons of fertilizer, 1.4 million tons of sulfuric acid and 450,000 tons of phosphoric acid annually.
Moroccan companies, including banks and insurers, have been investing aggressively in Sub-Saharan Africa. OCP has already signed agreements with African governments and firms…[FULL STORY]