Saturday, June 10, 2023

Tag: Fertilizer

Corporation evaluates USD 400 mln Fertilizer purchase

The Ethiopian Agricultural Business Corporation is evaluating a USD 400 million (11 billion birr) worth of fertilizer purchase, The Reporter has learnt.

Fertilizer giant to revamp blending factories

The OCP Group – a Moroccan fertilizer giant – is to revamp the five state-owned fertilizer blending factories which were damaged following an import of substandard fertilizers, The Reporter has learnt.

OCP progresses with its nearly USD 4 bln fertilizer plant in Ethiopia

Morocco, Casablanca The OCP Group, the Moroccan fertilizer giant, is progressing well with its planned multi-billion-dollar fertilizer plant in Ethiopia, The Reporter has learnt. The company...

Huge loss incurred as fertilizer stocks languish at port

Over 370k quintals of fertilizers unused due to quality problems Unclaimed stocks of fertilizers that was supposed to be transported to the hinterland remains accumulated at the Port of Djibouti for three years, leaving the nation liable for extra cost, including demurrage, interest rate and penalty fees amounting to over 572 million birr, and counting, according to the Ethiopian Agricultural Works Corporation.

Moroccan businesses come in full force

Almost three-fold in number from last year’s delegation that visited Ethiopia, 90 Moroccan businesses have arrived in Addis Ababa this week to take part in the 3rd Ethio-Moroccan Business Forum where companies such as OCP and Tanger Med Group have expressed possibilities of investing in the sugar, livestock feeds and industrial park development projects in Ethiopia.


Finance Minister admits growth plan at risk

Ahmed Shide, the Minister of Finance, has admitted that...

Government vows probe as food aid theft scandal widens

The Ethiopian government has promised a full investigation into...

Declining deficit marks next year’s budget proposal

The Ministry of Finance has projected a budget deficit...

Al Shabaab raid “thwarted” at Ethiopian base in Somalia

Ethiopian troops stationed in Dollo town near the Ethiopian...