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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Oryx and Trafigura show two speeds of commodity ABS

Perspective

02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective

03 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...

Must See

Video

29 June 2026

US Exim: Back for big business

TXF spoke with John Jovanovic, Chairman and President of US Exim to outline the US ECA's unprecedented deal activity and latest mission statement, focusing on stronger support for energy-related exports, supply chain security and the AI boom.

Perspective

02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables securitisation pricing tighter in the same week, the message from investors was clear enough: new asset classes still need to pay their way.

Perspective

03 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB guarantees, Chinese cover and E&S machinery are assembled into a highly bespoke structure.