African Potash has finalized a fourth fertilizer deal under its agreement with the African free trade area, COMESA, and secured a source of supply for
Category: Africa
African Potash’s Shares Soar Following the Malawi Deal
After the African Potash had signed a preliminary deal with an unnamed Malawian company, its shares soared by almost 24 percent. Under the agreement, the
Rwanda’s Use of Fertilizers on Rise
Thanks to the new crop intensification program aimed at enhancing the agriculture productivity and farmers’ livelihood, Rwanda’s use of fertilizers has gone up from 4000
Ugandan Government Advised to Attract Investors in Fertilizer Production
The Ugandan government has been advised to attract investment in the production of fertilizers if the country wants to introduce modern farming and start commercial
Malawi Cuts Out Suppliers from Fertilizer Subsidy Program
Some Malawian businessmen and the Indigenous Businesspersons of Malawi (IBAM) have criticized the decision of the government not to involve suppliers in this year’s Farm
Libya Struggling to Increase Oil Output
Libya, home to Africa’s largest oil reserves, is struggling to increase its output from the current daily production of 432,000 barrels. Mustafa Sanallah, chairman of
Canpotex Finalizes a Deal to Supply Potash to India
Canpotex has finalized a contract with India to supply 1.3 million tons of potash annually. Terms of the agreement were publicized on Friday (8 May)
Ethiopia’s Danakhil Project More Promising than Thought
House broker Shore Capital has announced that Premier African Minerals’ residual stake in potash group Circum Minerals Ltd may be worth more than its current
Oil Prices Hit a 2015 High as Libyan Production Declines
On Tuesday (5 May), oil prices hit their highest level this year, which was possible due to the declining output in Libya and the disruptions
South Korea Approved a Fertilizer Aid Shipment for North Korea
South Korea announced on Monday (April 27) that it would allow a private aid group to send fertilizer to North Korea. This move is one