Minbos has announced that it has received the second tranche of funding, totalling US$2.43 million, from the FSDEA to continue constructing the Cabinda Phosphate Fertilizer Project in Angola.
For several weeks now, fertilizer prices have been on an upward trend in the main global markets. This is the result of several factors – demand, fertilizer availability, and supply logistics. Fertilizers are becoming moderately more expensive both in countries with low and stable production costs and in countries where costs are high and subject to rapid changes.