##{"id":90681,"date":"2020-12-14T15:28:21","date_gmt":"2020-12-14T04:28:21","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=90681"},"modified":"2020-12-14T15:28:23","modified_gmt":"2020-12-14T04:28:23","slug":"minbos-dedication-to-african-food-supply-continues-to-grow","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2020\/12\/14\/minbos-dedication-to-african-food-supply-continues-to-grow\/","title":{"rendered":"Minbos\u2019 Dedication To African Food Supply Continues To Grow"},"content":{"rendered":"<p style=\"text-align:center\"><em>&#8211;The below is a company-sponsored announcement&#8211;<\/em><\/p>\n<hr \/>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/Minbos%20lead%20image.jpeg\" style=\"height:554px;width:832px\" \/><\/p>\n<p><strong>Minbos Resources Limited ((<a href=\"https:\/\/finfeed.com\/company\/mnb\/\"><span style=\"color:#476D9A\">MNB<\/span><\/a>)) last week announced a Memorandum of Understanding (MOU) with the International Fertilizer Development Centre (IDFC), which will work to develop and grow the Small Holder Farmer market in Angola.<\/strong><\/p>\n<p>The IFDC is an international non-for-profit organisation, dedicated to scientific innovations that increase global food production, protect the environment and empower Small Holder Farmers.<\/p>\n<p>The organisation strives to improve the lives and productivity of Small Holder Farmers and does so through running country-scale agricultural projects across Africa. These projects introduce farmers to improved agricultural practises,&nbsp;fertiliser technologies and facilitation of market access.<\/p>\n<p>As crop yields grow in Sub-Saharan Africa, so too does the demand for key ingredients of food production such as fertiliser.<\/p>\n<p>A severe demand for reliable sources of fertiliser is imminent, with fertiliser consumption expected to almost double in the next 10 years in Africa.<\/p>\n<p>Minbos has worked in partnership with the IFDC for several years, most notably to help develop the company&rsquo;s Cabinda Phosphate Product, which included developing market demand in one of the most prospective fertiliser regions globally.<\/p>\n<h2>Developing food security in Africa<\/h2>\n<p>Minbos is building a nutrient supply and distribution business that stimulates food security in Angola and the broader Congo Basin.<\/p>\n<p>This project has the potential to impact the whole country by boosting fertiliser production and food security.<\/p>\n<p>Indeed, the new MOA with IFDC provides the platform to develop a joint proposal for a multi-year project designed to support the development of the local fertiliser market in Angola.<\/p>\n<p>Angola is one of the world&rsquo;s great untouched agricultural regions, possessing over 35 million hectares of arable land, high rainfall and some of the lowest rates of fertiliser use globally.<\/p>\n<p>Minbos hopes to leverage the IFDC&rsquo;s innovative research and market expertise to identify sustainable solutions for soil and plant nutrition for the benefit of Small Holder Farmers, local communities and the environment.<\/p>\n<p>Utilising strategic partners, the IFDC works with national and private parties to create or expand Small Holder fertiliser demand in parts of Angola.<\/p>\n<p>Productivity gains are predicted to cause marketable crop surpluses, encouraging additional farmer investment in fertilisers.<\/p>\n<p>More than four million Small Holder Farmers are expected to be reached by the IFDC Angola project, which will be underpinned by Minbos&#039; fertiliser production.<\/p>\n<p>The Cabinda Phosphate Project will commence production at 50,000tpa.<\/p>\n<p>Given the large Small Holder Farmer market in Angola and the IFDC&rsquo;s strong record of delivering high-impact projects which boost fertiliser usage, demand is expected to exceed the nameplate capacity of 150,000tpa.<\/p>\n<p>Commenting on the MOU, Minbos CEO Lindsay Reed said, &ldquo;As the Company looks to enter production in early 2022, securing market offtake through a program that unlocks value for local Small Holder Farmers and government stakeholders, as well as Minbos shareholders, is key to our successful collaboration.<\/p>\n<p>&quot;This first step in developing a project to establish a new market in Angola marks another milestone for Minbos as we look towards production in early 2022.&rdquo;<\/p>\n<hr \/>\n<p><em>Earlier today the corporate announcement above was publicly released. FNArena is acting as a partner in&nbsp;distribution to broaden the reach. No journalists have been involved in the re-publication of this announcement.<\/em><\/p>\n<p><strong>Technical limitations<\/strong><\/p>\n<p><strong><em>If you are reading this story through a third party distribution channel and you cannot see the illustration included<\/em>, <em>we apologise, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p><em>Find out why FNArena subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n<p><em>FNArena&nbsp;is proud about its track record and past achievements: <a href=\"https:\/\/www.fnarena.com\/index.php\/2018\/10\/03\/rudis-view-ten-years-on-the-world-is-still-turning\/\">Ten Years On<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPONSORED: Minbos Resources last week announced a Memorandum of Understanding (MOU) with the International Fertilizer Development Centre (IDFC), which will work to develop and grow the Small Holder Farmer market in Angola<\/p>\n","protected":false},"author":1,"featured_media":90683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/90681"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=90681"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/90681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/90683"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=90681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=90681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=90681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}