The Middle East Institute (MEI) has just published a report highlighting the good prospects for Morocco in the near future.. According to the organization, the Alaouite kingdom will play a key role in the creation of fertilizers that will enable the Maghreb country to become the world’s leading food supplier.
The report notes that Morocco is currently the fourth largest fertilizer exporter in the world, after countries such as Russia, China and Canada. The latest data reveals that the Office Chérifien des Phosphates (OCP) is starting to increase production from Moroccan sites and predicts that by the end of the year, the Kingdom will have produced 10% more than usual, reporting 1 .2 million tons of fertilizer than expected.
This implies that the Kingdom is increasing its production and that the capacity it has is unmatched, which would mean that OCP could increase its capacity by one million tonnes in six months. For his part, OCP’s financial director announced that between 2023 and 2026, Morocco will contribute more than seven million additional tons, or 58% more than current production levels.
Morocco will therefore be one of the key countries in solving global food shortages.. The MEI says that this increase in production will help the Maghreb country to counter the effects of restrictions imposed by Russia after the war in Ukraine on certain basic products. Moreover, the institution points out that this increase in production is comparable to the importance of Saudi Arabia in the production of oil.
It should be mentioned that through the use of good fertilizers produced in the Alawite country, farmers will be able to start growing more crops and thus solve the problem of the food crisis. Morocco has all the elements to create quality fertilizers that can be distributed throughout the African continent. Therefore, some countries will be able to minimize imports of cereals and staple foods from countries such as Russia or Ukraine, as they will be able to produce them themselves.
The MEI predicts the future importance of Morocco in this sector due to the fact that the country has long established fertilizer factories throughout Morocco. These are mostly located in sub-Saharan Africa, where the materials needed to create them are most prevalent.
“By investing a total of $6.3 billion to build fertilizer factories in sub-Saharan Africa, Morocco has shown remarkable strategic foresight. With the geo-economic aspects of connectivity and relocation placing greater emphasis on the geopolitical importance of Africa, European and American strategic engagement with Morocco is likely to intensify,” the report adds.
But the OCP has expanded to the African continent and identifies the importance of the Moroccan organization as a key factor in solving the food crisis.. “OCP has opened factories in 12 African countries since 2016, building local blending facilities to calibrate fertilizers specifically for each African country’s soil and enabling smallholder farmers to participate more efficiently and profitably in value chains. agriculture”, notes the MEI.
They are mainly found in countries like Senegal, Nigeria, Ghana and Ethiopia among others. The MEI reports that, thanks to Moroccan fertilizers, for example, Senegal has increased its millet production by 63% and Nigeria by 46% its maize production. In Ethiopia, this is the case, thanks to Moroccan products, the production of wheat, corn and teff has increased by up to 37% more than usual.
In Nigeria, meanwhile, OCP is building a $1.4 billion ammonia and fertilizer plant. This industry will aim to start tripling the amount of fertilizer and supplying more to Nigerian farmers within five years. Ghana is also investing in the construction of a fertilizer complex for the same purpose. In Ethiopia, the second largest fertilizer production complex in Africa will be built and will be operational by 2023.