COTE D’IVOIRE—ETG, a global conglomerate with diverse expertise in agricultural inputs, logistics, merchandising and processing, has completed the acquisition of a state-of-the-art fertilizer plant and port operations in Cote d’Ivoire.
This strategic move marks a significant milestone for ETG Inputs Holdco Limited (EIHL), a division of ETG’s Agri Inputs and Chemicals business, solidifying its position as a key player in the regional fertilizer industry.
ETG has evolved into a global entity with a presence in over 45 countries across six continents.
The Group’s diverse portfolio spans various industries, including agricultural inputs, chemicals, logistics, processing, food and food ingredients, energy, metals, technology, and supply chain optimization.
This acquisition is expected to enhance ETG’s capacity to meet the growing agricultural demands in West Africa, a region known for its vast agricultural potential, resource availability, and strategic location.
Ashish Lakhotia, CEO of ETG Agri Inputs and Chemicals, expressed his optimism about the acquisition, adding that the move is anticipated to bolster local agricultural development and regional food security, aligning with ETG’s commitment to sustainable growth.
“The acquisition in Cote d’Ivoire will strengthen our presence in the West African market, and further diversification across the value chain will ensure that we are well positioned to offer quality products and services to our customers in this region,” said Ashish.
Impact on West African Agriculture
With a strengthened presence in the region, ETG is well-positioned to contribute to agricultural development and food security in West Africa.
The region’s economic growth and strategic location make it a crucial hub for fertilizer production, which is essential for enhancing crop yields and ensuring food security.
ETG’s enhanced capabilities in fertilizer production and distribution will support local farmers, improve agricultural productivity, and contribute to the region’s overall economic development.
Looking ahead, ETG aims to leverage its expanded operations in Cote d’Ivoire to explore new opportunities and partnerships within the agricultural sector across Africa.
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