Fertilizer
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IFC prepares US$174M financing package for Egypt’s Indorama phosphate fertilizer project
The financing comes as tighter global phosphate supplies create fresh opportunities for new producers entering the market.
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AFC commits US$600M to Dangote’s US$7B fertiliser expansion in Africa
The financing will support a major increase in fertiliser production in Nigeria and fund a new manufacturing plant in Ethiopia as Africa seeks to strengthen food production and cut reliance on imports.
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Morocco’s Phosphate industry helps cushion economy as global growth slows
Rising fertilizer exports are helping Morocco manage higher energy costs and weaker global economic growth, according to the World Bank.
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Malawi expands local fertiliser production as Wait Holdings opens blending plant
The new facility in Blantyre aims to cut Malawi’s reliance on imported fertiliser and improve access for farmers across the country.
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Dangote Group raises Ethiopia fertilizer plant cost to over US$4B
The revised budget reflects added infrastructure, including a gas pipeline, power plant, and fertilizer blending unit, as Ethiopia pushes to cut fertilizer imports.