Business Egypt Emerging Markets Headlines International Morocco

Morocco, Egypt profit as global fertilizer prices surge 15 percent

Two African nations have emerged as unexpected beneficiaries of global fertilizer market disruptions, with Morocco and Egypt capitalizing on geopolitical tensions to establish themselves as alternative suppliers to Europe amid a 15 percent price surge in 2025. World Bank data released this week reveal dramatic price increases across fertilizer categories, with triple superphosphate jumping 43 […]

Africa Business Emerging Markets Features Headlines International

Sahel and West Africa committed to invest in fertilizers for agri transformation

West African leaders have affirmed their commitment to accelerate investments and reforms to make fertilizers more accessible and affordable during the recent high-level roundtable jointly organized by the World Bank, and the Economic Community of West African States (ECOWAS) and the Togolese government. During the event (31 May), held in Togo’s capital, Lome, industry leaders […]

Africa Business Emerging Markets Headlines International Morocco

Tanzania seeks more investments by Morocco’s OCP

Tanzania is seeking to have another OCP plant to produce fertilizers in the country as part of efforts to bolster farming output and reduce food inflation. “President Samia Suluhu Hassan had met with Moroccan state-owned fertilizer producer The OCP Group for talks to establish another plant in Tanzania,” Tanzanian media The Citizen reported. Morocco’s phosphates […]

International

Drought-ravaged Malawi to receive 260,000 tons of fertilizer donated by Russia, other African countries to follow

Russia has donated 260,000 metric tons of its fertilizer that was sitting in European ports and warehouses for use by farmers in drought-ravaged Malawi and other countries in Africa, the United Nations said. Welcoming the announcement, UN spokesman Stephane Dujarric said that “this will serve to alleviate humanitarian needs and prevent catastrophic crop loss in […]

Africa Business Headlines International Morocco

Morocco’s OCP Group to dedicate 4 Mln Tons of fertilizers to African Countries

Morocco’s state-owned phosphate OCP group has pledged to dedicate 4 million tons of fertilizers for African farmers in 2023 in a solidarity move with African countries. The announcement was made by OCP Chairman & CEO Mostafa Terrab at the ongoing 2022 IMF-World Bank Annual Meetings held in Washington-DC 10-16. Over 44 million farmers across 35 […]

Africa Business Headlines International Morocco

Phosphates: Morocco’s OCP sends Rwanda 15,000 tons of fertilizers

Morocco’s state-owned phosphate OCP Group has provided Rwanda 15,000 tons of Diammonium Phosphate (DAP) in a solidarity move to help farmers of this African country maintain productivity amid a serious global supply shortage, leading to record high fertilizer prices. The announcement of Moroccan donation was made over the weekend by Rwanda’s Minister of Agriculture Gerardine […]

Business Headlines International Morocco

Evergrowing list of countries seeking Morocco’s phosphates, fertilizers

Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]

Americas Business Headlines International Morocco

Michigan Senate adopts resolution for imports of fertilizers from Morocco

The Michigan Senate has adopted a resolution urging Congress to pass legislation that would allow farmers, along with trade associations representing farmers, to import fertilizers and fertilizer ingredients from Morocco. The resolution, endorsed Tuesday, was sponsored by republican Senator Curt VanderWall. It calls on lawmakers to petition the U.S. International Trade Commission to temporarily waive […]

Americas Business Headlines International Morocco

Brazil seeks more Moroccan fertilizers

Brazil’s Agriculture Minister Marcos Montes is expected in Morocco this week to seek more fertilizers for his country after a halt of Russian exports, Reuters reported. Brazil relies on imports for about 85% of its fertilizer needs and is concerned about a potential global shortage of the products after Western nations imposed sanctions on key […]

Business Egypt Emerging Markets Features Headlines

Egypt eyes $7bn trade volume with rest of Africa in 2022

Egypt Monday announced plans to raise exports to 10 African countries to $7 billion next year as part of a long term strategy aiming at $10 billion in value for export to Africa by 2025. The $7 billion target is the first phase of three-phase strategy designed by the Arab country. For this phase the […]