Assaí, a major player in Brazil’s cash and carry retail market, has seen its fortunes change dramatically. The company recently announced that the Brazilian Federal Revenue Service accepted its appeal. This decision led to the cancellation of a R$1.3 billion ($232 million) asset freeze. The news, released after market close on October 11, 2024, sent […]
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OCP’s $14 Billion Investment: Strengthening Morocco’s Role in Global Phosphate Production
OCP Group, a giant in phosphate production, is making headlines with its bold plan to invest over $14 billion (about MAD 139 billion) from 2025 to 2027. This investment is not just a big deal for the company; it’s a game-changer for global food security and Morocco’s economy. So, what’s the plan? OCP will spread […]