• Login
Sunday, January 18, 2026
Magazine Afrique
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle
No Result
View All Result
Magazine Afrique
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle
No Result
View All Result
Magazine Afrique

Togo in Talks with India for Long-Term Phosphate Supply Agreement

Abdulraheem Fatimah by Abdulraheem Fatimah
March 6, 2025
in News
Reading Time: 2 mins read
0 0
A A
0
TOGO
1
SHARES
17
VIEWS
Share on FacebookShare on Twitter

Togo is actively working on terms with Fertilisers and Chemicals Travancore (FACT) to deliver rock phosphate as a part of a multi-year arrangement to India.

The three-year agreement will have Togo’s Société Nouvelle des Phosphates du Togo (SNPT) export annually 250,000 metric tons of phosphate to India.

This upcoming agreement between Togo and the Indian company FACT would become the first permanent fertilizer trade agreement between these two parties.

The relationship between Togo and India regarding phosphate trading consists of spot deals rather than sustained long-term purchase agreements. The growing need for fertilizers in India has caused the country to look for reliable and steady supply systems.

The number of phosphate imports India purchased from Togo increased by 30% during the fiscal year ending March 31, 2024 amounting to 1.1 million tons.

This proposed agreement will establish Togo as a vital phosphate supplier to India alongside maintaining a consistent flow of revenue for Togo’s economy.

RelatedPosts

Nigeria Today: Top 10 Key Latest Updates You Might Have Missed This Sunday Afternoon

Nigeria Today: Recap Of Top 10 Key Stories You Might Have Missed This Saturday Evening

Nigeria: Late Allwell Ademola’s neighbour recounts what happened on the day she passed (Video)

The cooperation between SNPT and FACT gained momentum when both companies endorsed a non-binding memorandum of understanding in February 2025. The terms of the agreement have reached most points of agreement but pricing needs final settlement.

The contract provides provisions that enable both parties to conduct quarterly price adjustments when market conditions change. Enhanced market flexibility in Togo’s phosphate operations through price reviews would strengthen its global market competitiveness.

A permanent phosphate supply agreement between Togo and India would mark an important achievement for the Togolese mining industry.

The Togolese phosphate resources are extensive and the nation is actively seeking expansion into worldwide fertilizer business operations. A durable commercial relationship between Togo and India will increase mineral exports while creating fresh investment prospects in its mining operations.

Enhanced mining output together with increased export volumes would empower Togo’s economic development while making the nation a main player in worldwide phosphate business.

Both Togo and India will derive advantages from their ongoing negotiations for this collaboration. Togo achieves a secure market destination for its phosphate exports at the same time India establishes dependable access to vital agricultural production materials.

After finalization this trade agreement will have the potential to ignite more commercial partnerships between the two countries.

.

ShareTweet
Previous Post

South Africa’s Defeat in Champions Trophy Semi-Final Despite David Miller’s Heroics

Next Post

The Bank of Tanzania Sets Ambitious Goal for Digital Financial Inclusion by 2028

Abdulraheem Fatimah

Abdulraheem Fatimah

Fatimah Abdulraheem is an emerging digital journalist passionate about crafting compelling narratives for today's media landscape. She combines fresh perspectives with journalistic standards to create engaging content that resonates with diverse audiences.

Related Posts

Nigeria Today: Top 10 Key Latest Updates You Might Have Missed This Sunday Afternoon
News

Nigeria Today: Top 10 Key Latest Updates You Might Have Missed This Sunday Afternoon

by Olamide Olasupo
6 hours ago
12
Nigeria Today: Recap Of Top 10 Key Stories You Might Have Missed This Saturday Evening
News

Nigeria Today: Recap Of Top 10 Key Stories You Might Have Missed This Saturday Evening

by Olamide Olasupo
23 hours ago
15
Next Post
The Bank of Tanzania

The Bank of Tanzania Sets Ambitious Goal for Digital Financial Inclusion by 2028

Kwesi Appiah

Kwesi Appiah Faces Challenges Amid Sudan Coaching Role

Please login to join discussion

Trending

  • Nigeria: 2baba absent as Sunmbo Adeoye and husband, David attend second son, Zion Idibia’s Matriculation ceremony (Photos)

    Nigeria: 2baba absent as Sunmbo Adeoye and husband, David attend second son, Zion Idibia’s Matriculation ceremony (Photos)

    1 shares
    Share 0 Tweet 0
  • Nigeria Today: Recap Of Top 10 Key Stories You Might Have Missed This Saturday Evening

    1 shares
    Share 0 Tweet 0
  • Nigeria: Actor Kunle Afod’s Wife Desola replies troll who said her husband impregnated a woman in Mushin (Video)

    1 shares
    Share 0 Tweet 0
  • Nigeria: “He’s trying to get back” – Man speaks out following Destiny Boy’s alleged passing, cries out about Lyta (Video)

    1 shares
    Share 0 Tweet 0
  • 89th Global passport rank termed Serious passport upgrade or propaganda in disguise – what’s the truth ?

    1 shares
    Share 0 Tweet 0

Subscribe to our newsletter !

Facebook Twitter Instagram Youtube
Magazine Afrique

Magazine Afrique keeps your finger on the pulse of recent information on Lifestyle, Culture & History, Sports, Local & International News, Entertainment, Business, and Technology.

  • About
  • Advertise With Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
  • Login

© 2025 Magazine Afrique Designed by Klear Konsult Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle

© 2025 Magazine Afrique Designed by Klear Konsult Limited.