The investment will focus on Nigeria, Cameroon, Côte d’Ivoire and Ghana, while the company also explores opportunities in southern Africa, including Angola.
The purchase comes as part of a broader US$472.5 million initiative authorized under Section 32 of the Agricultural Adjustment Act of 1935 to absorb domestic commodity surpluses, stabilize farm-gate prices, and deliver essential staple foods to low-income families and emergency food networks across the country.
The program started with 5,000 acres and 12 producers growing soft red winter wheat using regenerative practices.
The program, funded through ADM Cares, the company’s corporate social investment program, aims to improve agricultural productivity, strengthen climate resilience and promote sustainable livelihoods
The ambitious facility is designed to feature an annual production capacity of approximately 1.3 million metric tonnes of diammonium phosphate (DAP), marking a strategic diversification into phosphate nutrients alongside Fertiglobe’s established nitrogen fertilizer operations.