Yara fertiliser terminal Dar
- Region: Africa
- Country: Tanzania
- Sector: Manufacturing
- Year: 2012
- Domicile: Tanzania
- Instrument: Loan
- Commitment (MNOK) as of 22.12.2017: 16.7
- Original Commitment (MNOK): 36.6
Norfund’s investment in Yara Tanzania Limited financed the construction of a modern fertilizer terminal and handling facility in the port of Dar es Salaam. The expansion of the facilities made quality fertilizer more readily available in smaller packages and as specialized types benefitting particularly the small scale farmers. Yara Tanzania also provides free extension services through agronomists that travel around the countryside and give farmers advice on how to best utilize the fertilizer. This project fits well into Norfund’s agricultural sector investments in Tanzania and provides increased insight into the sector.
The project is an important element in the realisation of the agricultural corridors being promoted in sub-Saharan Africa.