Morocco’s phosphate group OCP has shown resilience and agility amid the coronavirus crisis and is forging ahead to bolster its leadership position in the African fertilizers market. The group maintains its fertilizers factories in Ghana, Nigeria and Ethiopia unchanged and expects to switch them on by 2024, the OCP told Reuters. Nigeria plant in particular will produce up to 750,000 tons of ammonia and up to 1 million tons of fertilizers, while Ghana plant will produce 1 million tons of fertilizers. The Ethiopian plant will be supplied by OCP to make fertilizers enough to supply the domestic market and export surplus, the agency said. OCP has a market share in Africa of 58% of phosphates-based fertilizers and has offered training to 750,000 African farmers to help them move to larger production modes.

Source: The North Africa Journal June 30, 2020 01:30 UTC