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Home Business Agribusiness

Fertilizer Shortage: Ghana to fall on Dangote’s fertilizer plant

3 years ago
in Agribusiness, Business, Editor's pick, Features, highlights, Home, home-news, latest News, Markets, Trade
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Fertilizer Shortage: Ghana to fall on Dangote’s fertilizer plant

Deputy Minister for Food and Agriculture, Yaw Frimpong Addo, has disclosed that government is set to turn to the newly commissioned Dangote fertilizer plant to supply fertilizers to the country.

He noted that the move is part of measures by government to address fertilizer shortage in the country as a result of the conflict between Russia and Ukraine.

Mr. Frimpong Addo made the disclosure at the MasterCard Foundation and IDH event launch of the Grains for Growth Programme in Accra.

According to him, fertilizer plays a key role in the project, hence the need for a regular supply of fertilizer to sustain growth.

He believes that the move by government to source locally through Dangote will help.

Meanwhile, Dangote Industries is said to introduce its fertilizer to the Ghanaian market soon.

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A deal signed by the business mogul and Ghanaian businessman and chairman of Translas Logistics Company Limited, Baba Kamara, has made the local company the sole distributor of the product in Ghana and other West African countries.

The company has several years of experience in the distribution industry and is expected to bring its expertise to bear in this new endeavour.

A letter appointing Translas Logistics Company as sole distributors of the urea-based fertilizer to parts of the West African Subregion, said the products will be sold in accordance with international laws and regulations.

The agreement also allows Translas Logistics to transact business directly with the main Fertilizer Plant at Dangote Free Trade Zone, Ibeju-Lekki, Lagos.

Africa’s richest man, Dangote, already has a chain of businesses across the world and is already in the Ghanaian market with his Dangote cement.

The company will be the sole distributor of the fertiliser products to Ghana, Ivory Coast, Togo and Burkina Faso.

Tags: Aliko DangoteFertilizer shortageghanaNigeria
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