OCP Ghana Ltd., a subsidiary of OCP Africa SA, and Newage Agric Solutions Ltd., a leading Ghanaian agricultural firm, have signed a Memorandum of Understanding (MOU) to ensure a consistent and sustainable supply of fertilizer for food production in Ghana, according to local media reports.
The collaboration between OCP Ghana and Newage will ensure that the right type and quality of fertilizers are made available to farmers across the country to support both Ghana’s food security needs as well as jobs in the agricultural production value chain, according to the reports, citing Newage.
In Ghana, the government’s support through “Planting for Food and Jobs” (PFJ) has been working to ensure sustainable food production. However, farmers face the challenge of dealing with high costs because of rising global market prices.
OCP Ghana and Newage aim to ensure that local supplies of fertilizers are secured for timely delivery and at competitive prices, as well as strengthening local distribution channels and deepening the scope for extending existing agricultural systems.
In addition, the two firms want to promote knowledge sharing in the development of local fertilizer blends, innovation, and R&D efforts.