KENYA – Fortescue Future Industries (FFI), a global green energy company, has signed an agreement with the Government of Kenya to develop a 300-megawatt (MW) green ammonia and fertilizer facility in Naivasha, Kenya.
The Investment Support and Implementation Agreement was signed by the President of Kenya H.E. Dr. William Ruto CGH, and the Executive Chairman of Fortescue Dr. Andrew Forrest.
This was a culmination of talks between the Kenyan President and Fortescue Executive Chairman that started during their meeting at the UN General Assembly in New York in September 2022.
According to the statement, the proposed facility will be constructed in the vicinity of the Olkaria geothermal field envisioned to accelerate the Framework Agreement signed during COP27 as well as to reinforce Kenya’s green growth agenda.
“This is an important milestone in our commitments to not only reduce Green House Gas emissions but more significantly make a bold statement that Kenya is on an ambitious green growth agenda,” said President William Ruto.
According to Andrew Forrest, Momentum is accelerating Kenya’s vision to establish itself as a world leader in the production of fertilizer made using green ammonia.
In setting up the facility, Forrest said it grows Kenya’s leadership in not only providing additional energy security that steps beyond the use of fossil fuels but most importantly stopping the reliance on Russian-imported fertilizer.
According to a statement from the State House, the project will boost the supply of power to Kenya’s grid, hence enhancing power efficiency in the country.
In addition, it will enhance Kenya’s agricultural activities while at the same time reducing the effects of greenhouse gases emitted through conventional means of producing fertilizers.
The deal was signed on the same day the European Union committed to supporting green energy projects in Kenya to the tune of Sh2.7 billion.
The “Green Resilient Electricity System” project will channel funds through various power companies to support new green electricity generation and strengthen the transmission system in the country.
Egypt inaugurates US$800M Nitrogen Fertilizer Complex in Ain Al-Sokhna
Meanwhile, President Abdel Fattah El-Sisi has inaugurated a new US$800 million Nitrogen Fertilizer Complex owned by El Nasr Company for Intermediate Chemicals in the industrial zone of Ain Sokhna.
The new infrastructure, whose construction work lasted 4 years, was implemented by ThyssenKrupp AG, a German industrial engineering and steel production multinational conglomerate, in partnership with Egypt’s Petrojet.
The complex, which comprises six mega factories to produce nitrogenous fertilizers, will have a production capacity of up to 1.7 million tons annually of phosphate, potassium, and nitrogen fertilizers, to serve the agricultural sector in Egypt. The surplus in production will be exported to nearly 56 countries.
It is also envisioned to supply 400,000 tonnes of ammonia, 300,000 tonnes of liquid urea, 300,000 tonnes of granulated urea, 200,000 tonnes of ammonium nitrate, and 300,000 tonnes of calcium ammonium.
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