Angolan officials announced that the upcoming Soyo Fertilizer plant, located in the northern province of Zaire, will also have an integrated unit for NPK processing, in addition to ammonia and urea production, according to a July 30 report by the Angop news agency.
The project will be adding phosphate production as well, having awarded a mining title for exploration in Kinzau, Tomboco region, to supply phosphate rock to the Soyo plant. Construction at Soyo began in 2022. Once completed, the plant will have an annual capacity of 3.8 million mt of fertilizers.
“We started with ammonia and the project evolved into NPK compounds,” said Diamantino de Azevedo, Minister of Minerals, Oil, and Gas, at a presentation to African Import-Export Bank (Afreximbank), which is financing the project.
“The Soyo fertilizer plant demonstrates Africa’s ability to take advantage of the natural reserves it has to improve its food security,” said Afreximbank Chairman Benedict Oramah.
Afreximbank, headquartered in Cairo, is a pan-African multilateral financial institution created to finance and promote intra- and extra-African trade.