Posts for tag "ghana"

09 Aug 2021

Fertilizer manufacturers in Ghana blame international market for increased prices

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Producers of fertilizers have debunked claims of increasing the prices of fertilizers.

According to them, the current spike in prices is a reflection of the international market since most of the fertilizers are imported and are not on government’s subsidy programme.

West Africa Director for Yara International, Danquah Addo-Yobo told Joy Business “our commitment to the nation is important so we have continued to supply the product under the ...

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05 Aug 2021

Government releases ¢260 million for payment of fertilizer companies

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Government through the Ministry of Finance, has announced a release of over GH¢260 million for the payment of arrears owed the fertilizer companies from May to July 2021.

Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture, made the announcement in Accra in a response to an urgent question by Mr Rockson-Nelson Etse Dafeamekpor, Member of Parliament (MP) for South Dayi.

Mr Dafeamekpor wanted to know what steps the ...

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29 Nov 2020

Omnifert Ceo Adjudged 2020 Entrepreneur Of The Year

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Mr. Michael Zormelo, the CEO of Omnifert, a wholly Ghanaian-owned indigenous leading agrochemical industry player, has been adjudged the Entrepreneur of the Year at the 2020 edition of the Ghana Cocoa Awards.

The event also honored Dominic Donkoh, a Business Development Manager at Omnifert as the Marketing Personality of the Year.

Mr. Zormelo has led the company to become the leading brand in the fertilizer industry just less than a ...

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21 Nov 2020
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The AFFM and OCP Africa team up to increase access to fertilizers in Côte d’Ivoire and Ghana

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The African Development Bank has approved the participation of the Africa Fertilizer Financing Mechanism (AFFM) in a US$4 million partial trade credit guarantee with OCP Africa, a subsidiary of the OCP Group.

The project will reduce potential risks along the agricultural value chain, and improve access to quality inputs, including fertilizers, in Côte d'Ivoire and Ghana.

The three-year project, running from 2020 to 2023, will support 430 000 ...

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26 Jun 2020
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World’s largest fertilizer firm to commission multi-billion plant in Nigeria

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One of the world’s largest producers of phosphate based fertilizer, Morocco’s OCP Group, has announced that it expects the ammonia plant in Nigeria and the fertilizer plant in Ghana to be operational by 2024.

This forms part of the expansion strategy of the group into the Sub-Saharan Africa in recent years, thereby boosting its investments.

According to the company’s Chief Growth Officer, Soufiyane El Kassi, the two ...

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