Tag: morocco
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High food prices pressure Morocco export-led agricultural model
Soaring inflation in Morocco is driving up living costs and stirring public anger, and as food prices increase the country’s export-led agricultural model is coming under fire. PHOTO | DEL SENNA | AFP Soaring inflation in Morocco is driving up living costs and stirring public anger, and as food prices increase the country’s export-led agricultural ... -
Morocco To Exempt Agricultural Inputs from Value Added Tax
Rabat – As part of its efforts to combat inflation and high prices, Morocco’s government seeks to exempt agricultural equipment and inputs from value-added tax (VAT), the country’s head of government has said. Aziz Akhannouch made the statement earlier today during the government’s council meeting. Exempt from the Value Added Tax are equipment for preserving ... -
Moroccan university and fertiliser giant commit $200m to fund agritech start-ups
Bidra Innovation Ventures has announced a $200 million commitment from Morocco’s Mohammed VI Polytechnic University (UM6P) and the OCP Group. The initiative will expand Bidra’s investment scope to include innovations in energy, water, mining and agriculture. The commitment will be used to fund global, innovative agritech start-ups that tackle climate change. UM6P is a hub ... -
Moroccan Farmer Unions Call for Reinstating Vegetable Exports
Rabat – Moroccan agriculture unions have called on the government to find a middle way to supply the local market and allow farmers to export vegetables. The call comes in the wake of the Moroccan government’s ban on vegetable exports to West Africa and Europe to keep the national market well-supplied and bring down food ... -
Agriculture Minister Says Brazilian Cattle Imported to Morocco is Among ‘Best Breeds’
Rabat – Morocco’s Minister of Agriculture, Maritime Fisheries, Rural Development, and Water and Forests, Mohamed Sadiki has stressed that the cattle the country has recently imported from Brazil are among the “best breeds” marketed worldwide. Sadiki made the statement in response to a journalist’s question at the MAP Forum on Wednesday, explaining that the country ... -
Morocco Records Largest Cereal Production Decrease in North Africa
North African countries are poised to increase wheat imports to offset lower production.Rabat – Morocco will see the biggest decline in cereal production in North Africa in 2022, according to aquarterly report from the United Nations Food and Agriculture Organization. North Africa’s total cereal production in 2022 is estimated at 33 million tonnes, 10 less than the ... -
Morocco’s OCP renews commitment to African agricultural development
Rabat – OCP Africa in Morocco has renewed its Fertilizer Group’s commitment to contribute to agricultural development in Africa. The group unveiled its strategies and initiatives to help Africa in times of crisis at the Argus Africa Fertilizer event held February 8-10 in Nairobi, Kenya. During a panel discussion, Habiba Mouttaki, Vice President of Sales ... -
Morocco reaps cash, clout from fertiliser supply shock
A phosphate facility operated by Morocco’s state-owned OCP near Laayoune in the disputed Western Sahara. AFP/Fadel Senna RABAT – A global fertiliser supply shock deepened by Russia’s Ukraine invasion has brought boom times for the North African phosphate superpower Morocco and earned the kingdom new diplomatic capital. overlay-cleverCloseClose Morocco is set to chalk up record ...
