Africa Matters

AFC Backs Construction of Africa’s Largest Gas-to-Methanol Plant

By Edson Baraukwa | Africa Guardian Africa Finance Corporation (AFC) is spearheading a major initiative to support the development of Africa’s largest gas-to-methanol plant in Akwa Ibom, Nigeria. This project aims to significantly cut CO2 emissions by converting flared natural gas into valuable methanol, used in solvents, paints, plastics, and automotive parts. The plant will initially produce 1.8 million…

Read More

Russia’s fertiliser supply to Africa set to increase

TANZANIA, Dar es Salaam : TANZANIA’S plans to increase agricultural production are set for a massive boost on the back of expected increased fertiliser supply from Russia. Russian producers of mineral fertilisers announced to be ready to double their shipments to African countries in the next five years to bridge a supply shortage that threatens to exacerbate food insecurity….

Read More