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HomeFinTechMinbos: Signs agreement to deliver NPK fertiliser to Angola

Minbos: Signs agreement to deliver NPK fertiliser to Angola

Minbos Signs agreement to deliver NPK fertiliser to Angola

  • Minbos (MNB) and Angolan agribusiness Sociedade Agroquímica Industrial are teaming up to deliver NPK fertiliser to Angola
  • The parties have signed a memorandum of understanding to create a plant in Angola’s Malanje region
  • Sagrind supplies fertilisers, herbicides, pesticides and seeds for farmers in the Malanje growing corridor
  • The agreement outlines the partnership of the two companies working together to build the NPK plant
  • The Government of Angola has allocated a 20-hectare site in Malange for the NPK plant
  • On the market this morning, the company Resources was up 5.56 per cent and is trading at 14.3 cents per share
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