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Morocco’s fertilizer giant to take over Yayu fertilizer complex

The Government of Ethiopia has taken the decision on the much-delayed Yayu Fertilizer Project, pinching it away from the maligned state-owned military-industrial conglomerate, the Metals ans Engineering Corporation (MetEC), and awarding it to the Moroccan fertilizer and phosphate maker, OCP.

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.