OCP Group signs MoU with African Union to develop agriculture in Africa
Published by Nicholas Woodroof,
The MoU was signed by HE Josefa Leonel Correia Sacko, African Union Commissioner for Rural Economy and Agriculture, OCP Group’s Chairman and CEO, Mr Mostafa Terrab, and HE Dr Ibrahim Assane Mayaki, CEO of the AUDA-NEPAD, represented by Dr Hamady Diop, on the sidelines of the ongoing African Green Revolution Forum (AGRF) from 3 – 6 September 2019 in Accra, Republic of Ghana.
The partnership demonstrates a shared commitment to deepen collaboration with all actors, including the African private sector to reduce jointly hunger and poverty through the sustainable transformation of the agricultural sector on the continent.
OCP Group contributes to the African agricultural ecosystem through support to African farmers and targeted private and public African actors and stakeholder. The Group supports innovative mechanisms aimed at creating resilient and sustainable agricultural productivity to enable Africa to reach its full agricultural potential while protecting its natural environment.
This partnership is intended to facilitate effective coordination of the implementation and delivery of a set of goals as outlined in the African Union Malabo Business Plan on Agriculture Transformation which aims to increase productivity and catalyse private sector investment. As such, the parties aim to promote the use of agricultural inputs, including access to customised fertilizer to the soil and crops of each region, and to develop the efficiency of the fertilizer whole value chain by working on corridors approach.
The agreement will therefore be operationalised by strengthening a conducive environment for private sector investment in agriculture; equipping African Union member states with the right policies and tools to support the achievement of the Abuja commitments on fertilizer use; strengthening efficient and sustainable use for smallholders to increase the sector’s productivity and promote inclusive growth; as well as strengthening national and regional agricultural policies aimed at boosting the adoption of good agricultural practices and innovations.
The Comprehensive African Agricultural Development Programme (CAADP) of the African Union monitored by the AUDA-NEPAD, is one of the continental frameworks under Agenda 2063 and it aims to help African countries eliminate hunger and reduce poverty by raising economic growth through agriculture-led development as well as promote increased national budget provision to the agriculture sector.
Read the article online at: https://www.worldfertilizer.com/project-news/05092019/ocp-group-signs-mou-with-african-union-to-develop-agriculture-in-africa/
You might also like
Petrobras in discussion with Unigel Participações S.A. on development of fertilizers and green hydrogen
The company has initiated discussions with Unigel Participações S.A. to analyse joint business involving opportunity development in the areas of fertilizers, green hydrogen and low-carbon projects, in line with the revision of the strategic elements for Petrobras' Strategic Plan 2024 – 2028.