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Maroc Maroc - AGRIFOCUSAFRICA.COM - A La Une - 01/Aug 06:32

Afreximbank Commits $1.4B to Ammonia and Urea Fertilizer (AMUFERT) Fertilizer Plant in Angola

The African Energy Chamber commends the partnership between Afreximbank, AMUFERT, OPAIA and Sonagas to establish a fertilizer plant in Soyo, Angola LUANDA, Angola, July, 2024/ — Pan-African multilateral financial institution the African Export-Import Bank (Afreximbank) will support the establishment of Ammonia and Urea Fertilizer’s (AMUFERT) fertilizer plant in Soyo, Angola with a $1.4 billion financing facility. Afreximbank will act as the lead arranger and financial advisor for the project, with Angolan conglomerate OPAIA Group and state-owned Sonangol P&P Natural Gas (Sonagas) serving as sponsors. The African Energy Chamber (AEC), the voice of the African energy sector, applauds this initiative, which […]

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