Latest news with #OCPAfrica
Ya Biladi
4 days ago
- Business
- Ya Biladi
Kenya is eager to fast-track OCP's fertilizer plant project
The Kenyan Minister of Foreign Affairs, Musalia Mudavadi, continued his economic tour in Morocco. On Wednesday, he posted on the platform X: «During my visit to the OCP headquarters in Casablanca, I had fruitful discussions with Mr. Ilyas El Fali, the group's Chief Strategy Officer, and Mr. Mohamed Hettiti, CEO of OCP Africa». «At the heart of our discussions was the urgent need to accelerate the creation of a fertilizer blending plant in Kenya—a project expected to significantly reduce input costs and improve yields for Kenyan farmers», he added. The minister emphasized that «this partnership marks a major step forward in ensuring Kenyan soils receive adequate, high-quality nutrients tailored to our unique tropical conditions, while also bolstering food security and empowering farmers». Mudavadi affirmed «Kenya is on the right path to deepening its agricultural transformation through strategic collaboration with the Office Chérifien des Phosphates (OCP), a Moroccan leader in phosphate and fertilizer production». This visit comes two days after Kenya announced its support for Morocco's autonomy plan for Western Sahara. As a reminder, a French media outlet revealed in April 2024 that OCP planned to construct a fertilizer production unit in Kenya. This project was reportedly to be announced during a visit by President William Ruto to Morocco—a visit that has yet to take place. At the time, the French publication noted that «the Kenyan Minister of Agriculture, Mithika Linturi, is working with his counterparts in Rabat and with Moroccan industry giant OCP to finalize the details of this future infrastructure». Kenya could follow in the footsteps of Nigeria and Ethiopia—two African countries that benefit from Moroccan expertise in the fertilizer sector while maintaining their recognition of the «Sahrawi Arab Democratic Republic (SADR)».
Ya Biladi
21-04-2025
- Business
- Ya Biladi
Nigeria's Kano state eyes $10 billion investment from Morocco in energy and mining sectors
Kano State, one of the 36 states of Nigeria, is looking to attract over $10 billion in investments from Morocco over the next five years, targeting renewable energy, agriculture, and solid minerals development. This ambitious announcement was made following a high-level trade and investment mission to Morocco led by Governor Abba Kabir Yusuf. In a statement issued Sunday, April 20, the governor's spokesperson, Sunusi Bature Dawakin-Tofa, confirmed that several Memoranda of Understanding (MoUs) are set to be signed between Kano and leading Moroccan institutions. The delegation held strategic meetings with key players including the Moroccan Ministry of Energy Transition and Sustainable Development, the Moroccan Agency for Sustainable Energy (MASEN), OCP Africa, and the Casablanca Chamber of Commerce. «This partnership is expected to boost the state's economy and contribute to the projection of attracting up to $10 billion in investments over the next five years, in line with the state's strategic investment plan», said Dawakin-Tofa. He added that MASEN, which runs Africa's largest solar power complex in Ouarzazate, will support Kano's «Light-Up Kano» initiative aiming to generate 2,000 megawatts of solar power in five years. The Casablanca Chamber of Commerce expressed «keen interest» in partnering with Kano, while OCP Africa proposed establishing fertiliser blending plants, modernised agricultural supply chains, and tech-based support for smallholder farmers. Calling the visit a «major achievement», Dawakin-Tofa said the agreements will cover investment sourcing, innovative financing, and technology transfer, helping to drive Kano's industrial growth and clean energy transition.
