The Othmani-led government is green lighting the creation of Pan-African Fertilizers, showcasing Morocco’s place in the growing intra-African exchanges. Rabat – The Moroccan government has approved the creation of Pan-African Fertilizers, the Moroccan OCP company’s subsidiary in Ethiopia, the Moroccan official gazette announced on Monday, February 11. The creation of Pan-African Fertilizers cost a total of $50 million. “Strongly committed to South-South cooperation, development, we put Africa at the heart of our growth plan using a personalized approach, which led to the creation of OCP Africa. Ventures like OCP Africa have established the North African as a key player on the African scene.
Source: Ethiopian News February 12, 2019 17:48 UTC