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Feeding Nigeria’s food chain

At Port Harcourt, the Indorama Corporation and Indorama Eleme Petrochemicals have built a US$1.2 billion complex to produce 1.4 million tonnes of nitrogenous fertiliser annually. EAIF supported the project with a US$30 million loan.

February 2013

Indorama Eleme Fertiliser and Chemicals Ltd

Nigeria
Nigeria
Agribusiness
Agribusiness
Overall: US$ 1.2b
EAIF: US$ 30m

Nigeria’s expanding agriculture sector has created big demand for fertiliser.  Benefits of the development include greater security of supply for farmers, reduced reliance on imports and greater incentive to open up more land to agriculture.

The plant will employ 363 full-time people in operational roles and 250 in sales and distribution. Many of the jobs require well-qualified people in process, mechanical, electrical and maintenance engineering, chemistry, IT, marketing and logistics.

Applying for project support

If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.

EAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. Enquiries are also welcome from  financial advisers and specilaist consultants.