in Short
South Africa : Afreximbank appointed to raise $1.7B for Suiso fertilizer plant
On May 27, 2025, Afreximbank was appointed exclusive financial advisor to raise $1.7 billion for the Suiso project in Kriel, Mpumalanga. The plant will convert coal into blue ammonia and fertilizers using advanced technology. Backed by a private consortium, the project aims to boost food security and sustainable industrial agriculture across Southern Africa.
