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27 Jul 2026

Amufert Signs on as AOG 2026 Silver Sponsor as $2B Fertilizer Plant Advances

Amufert Signs on as AOG 2026 Silver Sponsor as $2B Fertilizer Plant Advances
Angolan fertilizer company Amufert, a subsidiary of Opaia Group, is advancing a $2 billion ammonia and urea production complex in Soyo that will use domestic natural gas to support industrialization, agricultural production and regional exports. The project represents one of Angola’s largest planned downstream gas investments, aligning closely with government ambitions to strengthen the country’s gas value chain and diversify the industry beyond oil.

As the project advances toward a planned 2027 start, Amufert has joined the Angola Oil & Gas (AOG) 2026 Conference & Exhibition as a Silver Sponsor, highlighting the role gas-based industries can play in broadening the economic impact of Angola’s hydrocarbon resources. Taking place September 9-10, with a pre-conference day on September 8, the event is Angola’s premier oil and gas platform, bringing together investors, operators and technology providers to discuss the future of the country’s energy sector.

Amufert’s Silver Sponsorship of AOG 2026 underscores the link between Angola’s upstream gas ambitions and downstream industrial demand. As new gas fields and processing infrastructure come online, projects such as the Soyo complex provide a pathway for converting natural gas into higher-value industrial products rather than relying solely on raw resource exports.

With a planned capacity of 4,000 metric tons per day, the Soyo complex is expected to reduce Angola’s exposure to imported fertilizer prices and international supply disruptions. A more reliable domestic supply is anticipated to help farmers improve crop yields, expand cultivated areas and strengthen commercial agricultural production.

The project reached a major commercial milestone in November 2024 when Amufert signed a $1.4 billion engineering, procurement and construction contract. The development brings together international technical partners including KBR, TOYO Engineering Corporation, WeDO and Wuhan Engineering Company.

KBR is providing its proprietary ammonia production technology, engineering design and associated technical solutions. The planned ammonia unit will have the capacity to produce approximately 2,300 metric tons per day, supplying the feedstock required for large-scale fertilizer manufacturing.

Financing is being led by the African Export-Import Bank, which is arranging $1.4 billion in debt funding alongside partner institutions. The bank is also supporting the project's equity raise through its advisory and capital markets division. The financing structure highlights the growing capacity of African financial institutions to mobilize capital for large-scale industrial projects linked to the continent's natural resources.

The development is expected to create approximately 4,700 jobs, including 3,500 during construction and 1,200 permanent positions once operations begin. Surplus production will be exported to regional markets, positioning Angola as a fertilizer supplier within Africa while supporting greater intra-African trade.

Through its participation at AOG 2026, Amufert will contribute to discussions on gas supply, project financing, industrial infrastructure and domestic market development. The sponsorship reinforces the company's role at the intersection of Angola's gas, manufacturing and agricultural sectors, demonstrating how downstream gas investments can support broader economic diversification.

 

 

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