OCP and USAID commit to supporting farmers in Africa

OCP and USAID commit to supporting farmers in Africa
OCP and USAID commit to supporting farmers in Africa

During a visit to the Mohammed VI Polytechnic University, Samantha Power – USAID Administrator signed, Thursday, a collaboration agreement with OCP to pursue two sustainable and innovative initiatives intended to improve efficiency and agricultural productivity across the continent, the two partners said in a press release.

This is the “Space to Place” project which will specialize in collecting precise local data on soil and climate. This data will serve as the basis for a “decision support tool” to guide farmers in the optimal use of fertilizers. These will subsequently be adapted to adequately meet the nutrient needs of their land and crops, in order to simultaneously improve soil health and sustainably increase productivity.

Added to this is the “Rock Phosphate Amendment Project”. This will assess the impact of the use of phosphate rock and innovative nutritional formulas on crop yields and soil fertility. This project will therefore develop a “decision support system concerning phosphate rocks” to help farmers identify the soils and crops that will benefit the most from this approach.

Technical support for farmers

The agreement, which is expected to extend for at least four years, plans to involve other stakeholders and partners to advance these groundbreaking initiatives and encourage the adoption of new tools by Africa’s farmers, details the ‘OCP.

During her visit to UM6P, USAID Administrator Samantha Power observed ongoing research at the University and interacted with representatives of local cooperatives, gaining a clearer idea of ​​their experiences as well as the transformation potential of their projects.

“The OCP Group is an important partner for Africa, in a context marked by a major global food crisis,” she commented, explaining that the agreement will draw on the potential of geospatial technology to provide Farmers with recommendations on how to use fertilizer more efficiently.

Additionally, the data boiled down in the field will serve as the basis for providing forecasts and real-world solutions to improve yields in Africa.

For his part, Mostafa Terrab, Chairman and CEO of the OCP Group, declared: “At the OCP Group, we are delighted to deepen our partnership with USAID, collaborating closely on these cutting-edge projects, in order to improve the soil health, environment and climate with a view to unlocking the potential of African farmers to feed not only Africa, but also the rest of the world”.

OCP invests $30 million

OCP and USAID also add that this collaboration consists of uniting the forces of USAID’s Space to Place initiative and OCP Africa’s integrated approach to soil health and customization for the benefit millions of African farmers with a view to improving the continent’s food security.

In this regard, the OCP Group, through OCP Africa, commits to invest $30 million to support efficient use of fertilizers in sub-Saharan Africa, complementing USAID’s $40 million investment to expand Space to Place, announced at the African Fertilizer and Soil Health Summit in Nairobi in May.

This brings the total investment envelope to $100 million for this initiative, which directly supports the Continental Action Plan adopted by the Nairobi Summit.

-

-

PREV Fondaction: an annual return of 7% for the stock established at $16.15
NEXT Jiangxi, the world heart of strategic metals