Fertilizer Value Chain

Morocco’s state-owned phosphate company OCP Group and Ghana’s Ministry of Food and Agriculture will develop the fertilizer value chain in Ghana, OCP Group announced in a statement on September 11.

The two sides signed a memorandum of understanding to work together to optimize the fertilizer value chain in Ghana to provide customized fertilizers at affordable prices to farmers.

As part of Ghana’s newly designed Fertilizer Expansion Program, the fertilizer value chain will be improved with targeted farmer-centric and agronomic initiatives, providing appropriate inputs to farmers and supporting them with adequate training, soil mapping, field trials and fertilizer formula development, the statement said. minister’s information office, the package includes changing the local currency’s exchange rate against foreign currencies by imposing fees on foreign currency purchases and addressing government subsidization of fuel.

Following the 2011 uprising that toppled former leader Gaddafi’s regime, Libya has been suffering economic crisis with decrease of oil revenues, the country’s main source of income, due to closure of oilfields and ports by armed conflict.