OCP Provides Discounts on Fertilizers to Africa

As part of its first-half financial results statement (see separate earnings story), OCP Group SA, Casablanca, highlighted that it has launched “a major initiative” to empower African farmers during the current period of elevated fertilizer prices.

The group said in 2022 it is contributing by providing discounts on 550,000 mt of fertilizers, which it said represents approximately 16% of Africa’s total annual needs, “to mitigate the impact of soaring commodity prices and droughts.”

OCP said this program is expected to benefit over 4 million farmers on the African continent.