Fertilizer: TMG and Indonesia’s Turrima consider an FCFA 8.8 billion plant in Cameroon

Author: Investir au Cameroun PublicationPublished on: October 21, 2026Country: Cameroon
Business & Economy
Fertilizer: TMG and Indonesia’s Turrima consider an FCFA 8.8 billion plant in Cameroon

Cameroonian company TMG International Investment Group PLC and Indonesia’s PT Turrima Agro Mass are considering building an organic fertilizer plant in Cameroon, with a potential investment of US$15 million, or about FCFA 8.8 billion. The companies signed a memorandum of understanding on October 16, 2026, covering agricultural technology transfer and development of local production capacity. The proposed plant would be part of a 25-hectare integrated agricultural complex with laboratories, facilities for storing and processing raw materials, and areas for cultivation and livestock. The partners plan to convert organic materials from farming and animal activities into fertilizers.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Dangote Confirms Acquisition of 25% Stake in KPC Amid Questions
Business & EconomyPoliticsKenya
kenyans.co.ke•

Dangote Confirms Acquisition of 25% Stake in KPC Amid Questions

Aliko Dangote confirmed that his group acquired a 25% stake in Kenya Pipeline Company (KPC) for about Ksh42.5 billion ($327 million), but did not name the group company that made the purchase. The transaction involved 4.5 billion shares sold at between Ksh9.02 and Ksh9.36 each, according to information reported by the Nairobi Securities Exchange. The deal has raised questions about mandatory takeover rules and which public institutions sold their shares. MP Ndindi Nyoro alleges that public pension funds were urged to buy KPC shares before some were resold at a loss to a private investor, and claims the investor and investment bank had links to President William Ruto.

Read More
NBTI announces $600m pipeline for Nigerian innovation
Business & EconomyTechnologyNigeria
Luminous Jannamike•

NBTI announces $600m pipeline for Nigerian innovation

The National Board for Technology Incubation (NBTI) announced a financing pipeline exceeding $600 million after 298 Nigerian innovators took part in the NextGen Innovation Challenge 2026 in London. The proposed package includes $500 million for solar programmes at universities and polytechnics and $100 million for the Tinubu Light Initiative, though the funds have not been confirmed as received or fully mobilised. Tinubu Light aims to deliver solar solutions to one million micro and small businesses, create 50,000 direct youth jobs and train 10,000 field marketers. Other announced outcomes include a $100,000 investment commitment for three women innovators and acceleration opportunities and scholarships for 16 participants.

Read More
Food security: Togo prepares to implement the Kampala Declaration on agriculture
Business & EconomyEnvironment & ClimateTogo
togofirst.com•

Food security: Togo prepares to implement the Kampala Declaration on agriculture

A high-level African Union Commission mission is in Lomé through October 22, 2026, to turn the Kampala Declaration’s commitments into national actions under the 2026–2031 CAADP framework. Talks between Togolese officials and AU representatives focus on agricultural productivity, food security, climate resilience and sustainable management of natural resources. The government plans to draw on ProMAT, whose cumulative support from the West African Development Bank reached 60 billion CFA francs after an additional 40 billion was approved in June 2026. Adopted in January 2025, the Kampala Declaration targets a 45% increase in Africa’s agrifood production, a tripling of intra-African agricultural trade and a halving of post-harvest losses by 2035.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox