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Agriculture

Tanzania: Moroccan OCP signs MoU Tanzanian Fertilizer Company

Tuesday, 25 October 2016 19:39

(Ecofin Agency) - In Tanzania, the Office Chérifien des Phosphates (OCP) group and the Tanzanian Fertilizer Company signed yesterday a memorandum of understanding to develop agriculture and fertilizer industry in the east African nation.

The accord was signed during a visit by Morocco’s leader, agrimaroc.ma revealed. It states that OCP is enabled to provide fertilizer to Tanzania at competitive prices, and support the nation in development and research segments. The efforts will focus on developing fertilizers adapted to Tanzania’s soils and crops. Also, the two parties emphasized on improving the country’s fertilizer-distribution network.

It should be recalled that this agreement comes after a similar one signed between OCP and Rwanda that aims at developing a fertilizer blending unit in the country.

Aaron Akinocho

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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