The agreement reaffirms both parties’ commitment to strengthening local agricultural input production, improving farmers’ access to quality fertilizer, and advancing food security in Nigeria.
Ghana has lined up two fertilizer projects that could sharply expand domestic production, including a 500,000-ton plant in the Eastern Region and a separate US$10 million organic fertilizer facility.
The complex will have capacity of nearly 3 million tons a year, including 2.4 million tons of phosphate fertilizers and 570,000 tons of nitrogen fertilizers.
The market expansion comes amid ongoing concerns about global food security.
For the fertilizer and agricultural sector, the acquisition could create opportunities to combine Omnia’s established crop-nutrition portfolio and African market presence with Solar Industries’ international expansion strategy.