Rabat – Morocco’s fertilizer giant OCP announced on Wednesday that it will allocate four million tonnes of fertilizers as part of its commitment to improving Africa’s food security.
OCP’s commitment to supply four million tonnes of fertilizers for African farmers in 2023 represents an increase of more than double OCP’s supply to the continent in 2021. The quantity represents over a quarter of OCP’s expected total output.
The fertilizer supply program seeks to boost yields for 44 million farmers across 35 countries in Africa, including Morocco.
A statement from the group quoted OCP Group’s Chairman and CEO Mostafa Terrab, emphasizing the group’s commitment to contributing to food security on the continent.
Terrab reiterated his commitment during this week’s World Bank Annual Meetings.
“The current geopolitical situation reveals deeper systemic fragilities in global agricultural systems,” Terrab said,” noting the importance of addressing major challenges facing African farmers.
“We are glad to be able to do our part and we are thankful for the excellent dialogue and collaboration with the World Bank, IFC, USAID, as well as other multilateral and development agencies involved in this effort,” he said.
The group has been active in helping smallholder farmers and African governments to tackle food insecurity challenges.
The group made several fertilizer donations to several governments recently, such as in Kenya to help lower fertilizer prices and boost agricultural output.
In July, the group donated 15,000 tonnes of Di-Ammonium Phosphate fertilizers to Rwanda. This year, the group announced another contribution of 550,000 tonnes of donated and discounted fertilizer to help smallholder farmers in 20 countries in sub-Saharan Africa.
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