Morocco is projected to become the major player in securing the world’s food security as well as combating starvation globally because of the continuous growth of food demand and population increase.
A new BBC series entitled “Elementary Business,” it said that the kingdom has a stranglehold on the world’s phosphorous market which is greater than OPEC. Because phosphorous is utilized to make manures which are a basic part of current cultivating, an expansion in the cost of phosphorous would prompt higher sustenance costs.
Morocco holds the biggest deposits of phosphate, which can produce a capacity of about at 19 million tons each year.
“And keeping in mind that phosphorous is all over the place, all the mineable phosphorous is in the country,” the statement said.
An exploration led by the Arizona State University consider phosphorus “a decreasing supplement basic for sustenance development”
Its title “Secure Food & Water Supply Depend on Phosphorus”, the exploration connected nourishment security with the accessibility of phosphorus which is a component found in phosphate.
Established on August 7, 1920, in Morocco, the Cherifien Office of Phosphates or Office Cherifian des Phosphates, OCP changed into a business entity (OCP) in 2008, is the world’s biggest exporter of crude phosphate, phosphoric corrosive and phosphate manures.