Marrakech is hosting the 14th edition of the US Africa Business Summit, organized by the “Corporate Council on Africa” (CCA), under the high patronage of King Mohammed VI and under the theme of “Building the future together”. Speaking at a plenary session, Illiass Elfali, Executive Director of Institutional Strategy and Sustainability at OCP, presented the aid program to Africa, the world leader in phosphates and fertilizers to address the global food crisis.
Taking part in the “Scene Setter Plenary: Building Forward Together”, Iliass Elfali, Executive Director of Corporate Strategy and Sustainable Development of OCP Group, emphasized the importance of addressing the challenges hindering the development of agriculture on the continent , and highlighted the group’s commitment to increasing food safety.
In this tense context and to ensure the availability and economic availability of fertilizers, Mr. Elfali recalled that OCP plans to increase production capacity by another 1 million tons this year and 3 million next year.
During the session, he pointed out that Africa remains a net food importer despite its rich resources. He recalled that agriculture employs a third of the African population and contributes up to 50% of several countries’ GDP.
Population growth and the limited availability of arable land are structural challenges for food security. Elfali therefore emphasized the importance of a joint commitment across the entire food value chain to move forward together.
Make 550 kilotons of fertilizer available to Africa
Additionally, through the recently announced launch of a Fertilizer Assistance Program, OCP seeks to empower African farmers by bringing 550 kilotons of fertilizer to the continent. This program will include donation and reduced sales of fertilizer quantities.
Insisting that consideration of Africa is part of the solution rather than part of the problem, Elfali stressed the need for increased public-private collaboration. “The transformation of agriculture cannot happen without the contribution of small farmers,” he said.
For her part, during her participation in the panel “High Level Dialogue: Building a Sustainable Food Ecosystem”, Nada El Majdoub, Executive Vice President of OCP, Performance Management, addressed the challenges facing the fertilizer industry, especially in terms of their affordability and accessibility.
Although such challenges existed before the Russian-Ukrainian conflict, she acknowledged that the war had exacerbated these problems. However, she recalled OCP’s leadership in the fertilizer industry, noting that the group is the “largest producer and exporter of phosphate-based fertilizer solutions” and highlighted OCP’s efforts to help African farmers in the current context. Nada El Majdoub said that small farmers were already facing financial difficulties before the recent challenges were imposed on them. Addressing panelists and summit attendees, she also highlighted the central role that education, science, knowledge and digital supply can play in tackling the crisis. She concluded by emphasizing the need for the public sector to put agriculture at the top of the agenda. “That would be enough to find a solution,” she argued.
The OCP Group contributes to feeding a growing world population by supplying it with the essential elements for soil fertility and plant growth. With a century of expertise and a turnover of 9.4 billion dollars by 2021, OCP Group is the world leader in the plant nutrition and phosphate fertilizer market.
The Group offers a wide range of special phosphate fertilizers, suitable for enriching the soil, increasing agricultural yields and feeding the soil to feed the planet economically and sustainably.
Based in Morocco and present on five continents, OCP Group works closely with more than 350 clients around the world. Committed to best serve Africa’s environmental and social development, the OCP Group places innovation at the heart of its strategy, especially for the establishment of sustainable and prosperous agriculture on the continent. The group is firmly convinced that management and profitability go hand in hand with social responsibility and sustainable development. Its strategic vision lies at the intersection of these two dimensions.