A source told Reuters that emergency supplies would come from Nigeria and Morocco.
A source with direct knowledge of the matter told Reuters the African Development Bank was seeking to procure about 500,000 tonnes of fertilizer for West Africa by the end of August as an emergency stopgap measure to avoid a food crisis.
The move is part of a $1.5 billion grant announced by the bank to support food production on the African continent and help with fertilizer, Reuters reported on Friday.
Akinwumi Adesina, its president, April told Al Jazeera The price of the low-cost fertilizer urea has risen by 300%. “its [the war] Driving inflation in Africa, if not managed quickly and properly, it could trigger a food crisis in Africa,” he said.
The bank said there is a 2 million tonne fertilizer supply gap across the continent. It has been meeting chief executives of leading fertilizer companies in Africa and abroad to discuss fertilizer affordability, but has not confirmed the amount sought.
“We are also talking to our partners and farmers,” the bank said in a statement to Reuters, adding that a country must demand participation. “Fertilizer needs are twice as high at this point, and in certain planting seasons, the fertilizer needs are half in May and June, depending on where the entire continent is. The second half, called top dressing, is needed after a month or two. “
Nigerian and Moroccan sources
Sources said it was agreed at a meeting in mid-May that emergency supplies could come from Nigeria with 300,000 tonnes of urea and Morocco with 200,000 tonnes of phosphate and compost.
Morocco’s OCP and Nigeria’s Indorama attended the meeting but did not respond to requests for comment. Dangote fertilizer producers in Nigeria confirmed the presence of their CEOs but gave no details on the emergency numbers.
Given the short time to organize financing and logistics, sources say the countries that need it the most — Ghana, Mali and Burkina Faso — may not get enough fertilizer in time.
Nigeria faced a potash shortage earlier this year as financial sanctions against Russia rattled banks and Uralkali was unable to deliver fertilizer ingredients on time. Nigeria has finally found an alternative supply to Canada, and Russia will also provide some supplies.