E-commerce: Facebook launches the Business Suite application for SMEs

Technology: Facebook is continuing its strategy of developing e-commerce on its platforms, by designing new tools for businesses. Facebook is launching a new application for small businesses, allowing you to manage professional pages or profiles on both Facebook and Instagram.  Facebook Business Suite The tool is called "Facebook Business Suite". The platform explains that this app allows businesses to post to Facebook and Instagram at the same time, and manage and receive messages, notifications and alerts in one place. The interface will also measure engagement, visualizing the tool's metrics through an information tab on Facebook and Instagram.

"We first designed Facebook Business Suite for small businesses, but it's a long-term investment, and we hope to make it the primary interface for businesses of all sizes that use Facebook, Messenger, Instagram and WhatsApp," Facebook CEO Sheryl Sandberg said in a blog post yesterday. “Th…

Morocco: slight drop in OCP turnover

The Moroccan phosphate giant recorded a slight drop to $ 1.27 billion in the first quarter of 2020, compared to $ 1.29 billion a year earlier,
Morocco: slight drop in OCP turnover

The turnover of the Moroccan group OCP (formerly Office chérifien des phosphates) decreased slightly to 1.27 billion dollars in the 1st quarter 2020, against 1.29 billion dollars a year earlier, according to the results revealed this Friday May 29 by the giant of the phosphate industries.

The increase in fertilizer exports to key markets was offset by lower prices compared to the 1st quarter of 2019, said an OCP press release.

Compared to the 4th quarter of 2019, however, turnover increased by 5%, says the group, "mainly due to higher sales volumes and a slight recovery in prices at the start of the year thanks to increased demand, "reports Xinhua.

Thus, the gross margin was $ 765 million compared to $ 847 million in the same period of 2019, which led to a drop in the margin rate to 61% compared to 67% at the end of March 2019. " This decline is mainly due to the drop in fertilizer prices, which was only partially offset by the drop in sulfur and ammonia prices, "explains the group.