AfDB approves $100m loan to boost Nigerian fertilizer production

In:

Agri/Soft Commodities, Manufacturing & equipment

Region:

Middle East & Africa

The African Development Bank (AfDB) has approved a $100 million senior loan to Nigeria's Indorama Eleme Fertilizer & Chemicals to support the company's plans to double its fertilizer production from 1.4 million tonnes of urea to 2.8 million tonnes per annum. The project will...

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