The joint venture including Moroccan phosphate and fertilizer company OCP Group and Rwanda's Agro Processing Trust Corp. (APTC) is constructing a soil fertiliser blending plant to produce, market and distribute fertilisers.
The facility is part of the Caravan, a mobile soil-testing laboratory project, which was launched last month, expected to improve soil fertility management and raise farm productivity.
The new fertiliser making plant, which is being built in Bugesera District, Rwanda at a cost of about 33 billion Rwandan francs ($38 million), will have the capacity to blend 100,000 tonnes of fertilisers.
Once operational, by the end of this year, the country will have a surplus of fertilisers and the project will help reduce the price that farmers pay for fertilisers, which is needed to drive the growth of agriculture.