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Africa's Richest Man Looking to Buy Phosphate from Morocco
Mar. 07, 2016 09:33AM PST
Phosphate InvestingReuters reported that a company owned by Aliko Dangote is looking to buy phosphate from Morocco for a planned fertilizer plant.
Reuters reported that a company owned by Aliko Dangote is looking to buy phosphate from Morocco for a planned fertilizer plant.
As quoted in the publication:
Dangote told a business forum in Lagos his firm was close to sign a deal with a Moroccan firm to supply phosphate, without giving details.
He also said his planned oil refinery would have a capacity of 650,000 barrels a day, up from an initial plan of 400,000 bpd.
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