Kenya Adopts New Pro-Business Stance towards Morocco – Newspaper

In an analysis published on Saturday, following Kenyan President William Ruto’s decision to rescind recognition of the so-called ‘SADR’ and to accelerate economic relations with Morocco, the Kenyan newspaper recalls that President Ruto promised, a week ago, to lower the price of fertilizer from Ksh 6,100 to Ksh 3,600 (Ksh 100 = USD 1).

To this end, the newspaper, which reports that 1.4 million bags of fertilizer will be imported mainly from Morocco, recalls that the OCP Group is the world’s leading manufacturer of phosphate fertilizers, with a third of the world market.

Last Monday, William Ruto, had promised to announce new prices for cornmeal and fertilizers, noting that his “realpolitik” implies a rapprochement with Morocco in the decisive field of fertilizers, analyzes the author of the article, who recalls that an agreement in the same field between Morocco and Nigeria, signed in 2017, had reduced the price of a bag of fertilizer from 5,000 to 1,700 shillings.

Thanks to its South-South policy, the Kingdom of Morocco considers Kenya as an excellent nation with which it can establish mutual trade cooperation, especially in the fields of agriculture, health and tourism, the newspaper stresses, indicating that, according to experts, in the coming years, Kenyan tea will be very present in Morocco.

 

Source: Agency Morocaine De Presse