Morocco and Ethiopia are examining the means to bolster bilateral trade and investments through establishing joint-ventures and win-win partnerships. This came at a meeting between head of the Moroccan exporters associations, Hassan Sentissi El Idrissi, and Ethiopian ambassador in Rabat Yeshi Tamirat. Relations between Ethiopia and Morocco kept improving since the visit by King Mohammed VI to Addis Ababa in October 2016. In Ethiopia, the second most populous African country after Nigeria, Morocco’s OCP will build a 2.4 billion dollar fertilizer plant. The first phase of this investment will enable the production of 2.5 million tons of fertilizer per year through 2022, rendering Ethiopia self-sufficient in fertilizer and creating opportunities for exports.
Source: The North Africa Journal February 21, 2019 10:41 UTC