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Dakar: The success story of the OCP group

The success story of the OCP Group, world leader in phosphate products, was highlighted in Dakar at the International Conference on the Emergence of Africa (ICAE).

The OCP group’s successful experience was thus put under the spotlight at a conference initiated under the theme “What are the challenges and conditions for the development of national champions?”.

From the outset, the deputy general manager of OCP, Mustapha El Ouafi, said that the group has experienced a major transition with the passage of the office, which was neither a company nor a government agency (semi-public), towards a private company.

Thanks to this transformation, he explained, the OCP has been able to normalize its relations with the reference shareholder, in this case the State, within the framework of conventional governance bodies, adding that the group has also launched a major industrialization and investment plan aimed at strengthening competitiveness and increasing the group’s fields of action.

“Our ultimate goal, he pointed out, was to move from a simple actor who extracts ore and exports it in raw form to a committed operator across the entire value chain, which is doing more local processing and produces more fertilizer”. The result is palpable, he said, the OCP group is today “the world’s largest phosphate fertilizer producer”.

And Mr. El Ouafi to note that the group has made its development in Africa a strategic priority, with significant market shares in recent years.

The work of ICAE-2019, under the theme “Emergence, the private sector and inclusiveness”, organized jointly by the Government of Senegal and the United Nations Development Program (UNDP), in partnership with the World Bank and the Bank African Development Bank (AfDB), register the participation of representatives of international institutions and companies, academics and experts.

The Kingdom is represented at this international conference by a delegation led by the Minister Delegate to the Minister of Foreign Affairs and International Cooperation, in charge of African Cooperation, Mohcine Jazouli, including the Moroccan Ambassador to Dakar, Taleb Berrada.

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