Fertilisers are sub-divided into three broad categories – Nitrogen-based (urea and ammonia among others); Phosphate-based and Potash-based. Of these three, nitrogenous fertilisers, particularly urea-based ones, enjoy the largest global volume but have a very fragmented supplier base.

As part of our entry strategy, we chose to participate in  upstream, Urea and Ammonia production  in Gabon because of good accessibility to low-cost feed stock, better economies of scale, and close proximity and ease of access to end users.

The project will be one of our major businesses going forward, following which we will continue to seek other sector opportunities that will provide good economic returns.