IFC unveils $1bn debt financing to boost Nigeria’s agricultural sector

In:

Agri/Soft Commodities, Manufacturing & equipment

Region:

Middle East & Africa

IFC has arranged a $1 billion 11-year (inclusive of four-year grace period) debt financing for Indorama Eleme Fertilizer & Chemicals in Nigeria to fund construction of a new fertiliser line that will expand urea fertiliser production to more than 2.8 million tonnes per...

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