# Morocco's OCP to commission Nigeria, Ghana plants in 2024 | Reuters

> Morocco's OCP, the world's largest phosphates exporter, will build two plants in Nigeria and Ghana, each with 1 million tonnes a year capacity, targeting 2024. The plants are part of OCP's push to expand phosphate-based fertilizer use in Africa.

- Date: 2020-06-25 · published 2020-06-25T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/52924-morocco-s-ocp-to-commission-nigeria-ghana-plants-in-2024-reuters
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Future African phosphate production would gradually reduce regional import demand over several years, a long-term bearish factor for phosphate exports but with little near-term price impact.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-12-05 | [Morocco’s OCP sees phosphate exports to India to rise nearly 40% during CY2025 - The HinduBusinessLine](https://feedsoft.ai/events/21832-morocco-s-ocp-sees-phosphate-exports-to-india-to-rise-nearly-40-during-cy2025.md) | -0.8% | -3.8% |
| DAP | 2020-10-23 | [MOROCCO/UNITED STATES • OCP determined to keep hold of US market - 23/10/2020 - Africa Intelligence](https://feedsoft.ai/events/50935-morocco-united-states-ocp-determined-to-keep-hold-of-us-market-23-10-2020.md) | -0.1% | -1.5% |
| DAP | 2022-03-16 | [Morocco's OCP aims to boost fertilizer output despite lack of Russian ammonia \| Financial Post](https://feedsoft.ai/events/42577-morocco-s-ocp-aims-to-boost-fertilizer-output-despite-lack-of-russian-ammonia.md) | +3.1% | -1.0% |
| DAP | 2020-10-15 | [Morocco’s OCP hires US public relations firm FleishmanHillard for trade fight](https://feedsoft.ai/events/50936-morocco-s-ocp-hires-us-public-relations-firm-fleishmanhillard-for-trade-fight.md) | +0.1% | -1.7% |
| DAP | 2024-10-28 | [Morocco’s phosphate fertilizer exports to EU surge, securing a strong position in European market - The Morocco Post](https://feedsoft.ai/events/28198-morocco-s-phosphate-fertilizer-exports-to-eu-surge-securing-a-strong-position.md) | +0.9% | +0.9% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/moroccos-ocp-to-commission-nigeria-ghana-plants-in-2024-idUSL8N2E24ZY/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.