News

Ghana to build first fertilizer plant in $5bn Qatar deal to cut imports

Ghana to build first fertilizer plant in $5bn Qatar deal to cut imports
Thursday, 28 August 2025 14:14

• Ghana signs $5 billion agreement with Qatar’s Al Jedad Holdings for a fertilizer plant.
• Project to be built in Atuabo Petroleum Hub with Granum Limited, creating 2,000 jobs.
• The plant will reduce fertilizer imports and position Ghana among West Africa’s producers.

Ghana’s Ministry of Food and Agriculture announced yesterday a partnership with Qatari energy group Al Jedad Holdings to build a primary chemical fertilizer production plant at the Petroleum Hub in Atuabo, in the country’s western region.

The $5 billion project will be developed in partnership with agro-industrial group Granum Limited. According to local media outlet MyJoyOnline, construction is set to begin in October 2025, with commissioning expected within 32 months, or about three years.

Primary production involves processing raw materials such as natural gas and phosphate rock into chemical fertilizers including urea, ammonium sulfate, muriate of potash, and triple superphosphate.

“This project is about to begin. For the first time, Ghana will be producing fertilizers locally—specifically urea and ammonia at the Petroleum Hub in Atuabo. This will create over 2,000 direct jobs, especially for the youth,” said Foster Mawuli Benson, founder of Granum Agro Limited. No details on production capacity have yet been disclosed.

If completed, the project will make Ghana one of the few West African producers of primary chemical fertilizers, alongside Nigeria and Senegal. For Accra, the project represents a strategic move to reduce dependence on imports.

Until now, Ghana’s industry has mainly been limited to fertilizer blending plants using imported compounds. “There is no primary chemical fertilizer production in Ghana. Fertilizers are imported either as compounds or in bulk, and bulk fertilizers are then blended into different formulations and distributed through a network of agro-dealers,” the International Fertilizer Development Center (IFDC) noted in a 2024 report on the country’s fertilizer industry.

According to IFDC, Ghana imported about 554,239 tons of fertilizer in 2024, ranking as the third-largest West African importer after Nigeria and Côte d’Ivoire. The shipments mainly consisted of NPK, urea, and triple superphosphate.

On the same topic
Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and strong yearly dividend payments. The company’s sales...
Mission 300 portal launched to track electrification progress in Africa 32M people connected since 2023; 84 projects across 39 countries $8.5B in...
Africa received $117B in food system aid from 2018 to 2023 Most funds went to agriculture, infrastructure, and emergency aid East Africa led in...
Nigeria, South Africa, Mozambique, Burkina Faso removed from grey list Decision follows reforms in financial transparency and regulatory...
Most Read
01

BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...

China's BYD Plans 300-Station EV Charging Network for South Africa
02

Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...

Kenya Plans National Drone Rollout to Modernize Farming
03

Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...

Mobile Money Transfers to CEMAC Near $1B in 2023
04

TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...

Gabon Seeks Foreign Partners to Revive Declining Oil Sector
05

IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...

IMF Lowers WAEMU Bloc’s Growth Forecast to 5.9% for 2025, Benin Now Leading
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.