The Ethiopian Agricultural Business Corporation (EABC) said it has purchased 936,430 tonnes of fertilizer at a cost of 6.4 billion Br. Seventy pc of the purchased fertilizer was bought from OCP, a Moroccan based global market leader of phosphate and its derivatives.
The fertilizer is being imported via the port of Djibouti and Port Sudan. "The importation of the fertilizers via Port Sudan will reduce the transportation cost and time needed to reach the northern part of the country," said Kefyalew Berhanu, CEO of EABC.
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