- Egypt, which has been a major fertilizer producer, is to start importing fertilizers from China. The Beijing-based company China Agritech Inc has achieved a major Egyptian contract.
China Agritech, a Chinese liquid organic fertilizer manufacturer, today announced that it had entered into a contract with Al-Waha Khdraa, a subsidiary of AL Ezz Group, a distributor of agricultural and fertilizer products to the Middle East and Africa.
"AL Ezz Group began working with China Agritech over a year ago to conduct product testing which was monitored by the Egyptian government," according to the Chinese company. "The test results were positive and China Agritech's Green Vitality liquid fertilizer demonstrated superior quality compared to local brands," the statement added.
As a result, the Egyptian government has authorised test sales of Green Vitality in small quantities. The initial contract is for 10,000 litres of Green Vitality liquid fertilizer worth US$ 75,000.
"Orders are expected to increase significantly once Green Vitality liquid fertilizer is certified by Egypt's Ministry of Agriculture and large-scale sales are permitted. China Agritech expects to achieve certification by the end of 2008," the company says.
"We are glad to report our entry into the Egyptian market. Following successful product testing, Green Vitality demonstrated superior quality and is in compliance with local industry standards," commented Yu Chang, CEO of China Agritech, "We view this as a milestone for our company," he added.
Egypt for decades has been a major fertilizer producer. Before the construction of the enormous Aswan dam, the annual Nile floods provided fertilizing sediments for Egyptian farmers, and manufactured fertilizers were seen as unnecessary. As the Aswan dam however halted these sediment flows, the giant power plant had to put aside parts of its electricity production to make fertilizers for the Egyptian market.
Meanwhile, the need for fertilizers has steadily grown in Egypt's productive agricultural sector. Lately, world market prices for fertilizers have multiplied and global production is below market needs, creating major problems for poorer countries in need of boosting their agricultural produce to respond to hiking world food prices.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.