Category: Partners

Founded in 1920, the OCP group is a global leader in the production and export of phosphate rock, phosphate-based fertilizers and related products. These products are an important component of global food security and agricultural productivity, as they provide essential nutrients to food crops and help rebuild healthy soils. A Moroccan company with global reach, OCP serves a network of over 130 customers on 5 continents, and through them supports farmers in all corners of the planet.

The combination of the world’s largest phosphate reserves (located mostly in the Khouribga basin in the center of Morocco), cutting-edge chemical and production facilities, and world-class research and development capacities, permits OCP to respond creatively and cost-effectively to growing global demand for an ever-wider range of phosphate-based fertilizers suitable to the specific soil types, crops and cultivation practices of farmers worldwide.

OCP also has a growing number of joint ventures – both in the fertilizer sector and in fields such as engineering and project management – with partners from countries such as India, Pakistan, Brazil, the United states, Germany and Belgium.

OCP’s strong contribution to Morocco’s economic and social development is mirrored by its growing engagement as a “corporate citizen” at the regional and global level. On the African continent in particular, OCP is substantially expanding not only OCP’s commercial presence but its overall efforts to promote agricultural development, with a particular emphasis on helping smallholder farmers. This effort is a key part of OCP’s new Global Food Security Initiative, focused on promoting innovation and investment in agriculture in Africa and beyond. At the same time, the OCP Foundation is supporting major efforts to share and adapt agricultural best practices from around the world, for the benefit of farmers everywhere.

EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG’s group of private banking businesses operates in 30 locations worldwide, with circa 2,000 employees. Its registered shares (EFGN) are listed on the SIX Swiss Exchange.

In Monaco, EFG is represented by EFG Bank (Monaco), a provider of banking and wealth management services to private and institutional clients. The business consolidated its position in the local market with the acquisition in 2006 of Banque monégasque de gestion. Its Client Relationship Officers build strong relationships with clients, crafting solutions that best fit their local requirements, augmented by the global resources of EFG.

The Principality of Monaco is an independent sovereign state bordering the Mediterranean sea, with a territory of 2 km2 and a population of 36,136 as at 31 December 2012, of which 8,675 are Monegasque nationals.
The Principality’s political and institutional system is governed by the Constitution of 17 December 1962 (amended), the fundamental law of the state, which defines the type of government, the organisation of the public authorities and their relationship.
The Principality is a hereditary and constitutional monarchy, which asserts the rule of law over all institutions. The government operates under the high authority of H.S.H. the sovereign Prince Albert II.
It is comprised of the Minister of state and five government Ministers, each of whom heads a Ministry (the Ministries of Interior; Foreign Affairs; Public Works, the Environment and Urban Development; Finance and Economy; and Health and Social Affairs). The government’s mission is to enforce the law, oversee the running of public services and maintain public order.
Legislative power is exercised by the Prince and the National Council (an elected assembly of 24 members) with an independent judiciary. Monaco’s socio-economic model is based on the absence of debt and a balanced budget or budgetary surplus in line with the road map set out by H.S.H. the sovereign Prince Albert II, plus a large constitutional reserve fund.
For 2011, the nominal Gross Domestic Product (current rates) was 4.37 billion euros as against 4.04 billion in 2010 with a growth rate calculated on the GDP adjusted for the effect of inflation, which is +6.6%.
Monaco’s economy is based on an “onshore” system with more than 4,000 businesses, spread over a wide range of sectors, including wholesaling, industry, tourism and finance, which are all established there.
Monaco has a workforce of 49,605 to meet the human resources requirements of these activities, 40,000 of whom, i.e. 85%, commute to the Principality every day from France and Italy.