Madagascar seeks Moroccan fertiliser investment -President

RABAT (Reuters) – Madagascar is seeking investment from Morocco in its fertilizer sector as part of an effort to achieve agricultural self-sufficiency, President Andry Rajoelina said.

“We are seeking investments in Morocco’s fertilizer and fertilizer sector,” Rajoelina, who visited Morocco in October, told Reuters.

Morocco’s national phosphate and fertilizer producer OCP is building soil nutrient and ammonia production plants in Nigeria and Ethiopia, as well as blenders across the continent to customize fertilizers.

“We need expertise in the Moroccan agri-food industry in particular,” he said.

Establishing a fertilizer production plant is a “priority” of Madagascar’s Emergence plan, he said.

About 80% of Malagasy people depend on 31% of Madagascar’s eight million hectares of arable land, he said.

OCP announced in October that it would allocate 4 million tonnes of fertilizer to the African market next year.

It previously said in July it would provide 180,000 tonnes of soil nutrients and 370,000 tonnes at discounted prices to help African countries cope with skyrocketing prices. Edited by

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