Growing a high impact and
sustainable nutrient business
To ensure that Minbos can measure, monitor, and report on its ESG progress, the Company has engaged impact monitoring technology platform “Socialsuite” to streamline the outcomes measurement and ongoing ESG reporting process.
African Agricultural Opportunity
Africa could increase its agricultural productivity 155%
Cereal and Coarse-Grain production potential, Africa, Millions of Tons
Fertilizer consumption on the African continent to reach 13.6 million tonnes by 2030 compared to 7.6 million tonnes currently.
Food demand value ~$313 billion and growing.
Average maize yield is roughly 3x lower than the yield potential for short-maturity maize.
Industry Associations & Technology Partners
Since 1974, The International Fertilizer Development Center (IFDC) has delivered technologies, practices, and capacity building to increase and sustain food security and agricultural productivity in over 100 developing countries. Bring together innovative research, market expertise, and strategic public and private sector partners to identify and scale sustainable solutions for soil and plant nutrition that benefit farmers, entrepreneurs, and the environment.
The International Fertilizer Association (IFA) was founded in 1927 and is the only global fertilizer association with a membership of 480 companies in 68 countries. 45% of IFA’s membership is based in developing economies. IFA Members represent 75-80% of global fertilizer production. IFA’s Members include fertilizer producers, traders and distributors, as well as their associations, service providers to the industry, research organizations, and non-governmental organizations (NGOs).
The Plant Nutrition Science and Technology (No. PCT) is a company dedicated to developing and promoting information on responsible management of plant nutrients, based on science. With a wide field of action, from the planning of agronomic experimentation to the dissemination of knowledge in the areas of Soil Fertility, Plant Nutrition and Fertilizers, the company’s mission is to promote the appropriate use of plant nutrients in order to optimize production under technical-agronomic, economic, social and environmental aspects.
Strong Institutional African Support
Based on the country’s natural endowments, agriculture is well positioned to transform the country, promote economic diversification and boost exports and generate foreign exchange. The African Development Bank intends to play a catalytic role by providing lines of credit as well as leveraging PPP transactions to ease access to finance for private sector and SMEs, to transform agriculture as a business, reduce local food prices, enhance food security and improve the country’s economic competitiveness. By supporting the agro poles development and the agro industries, the Bank will contribute to achieve one of the High 5s target of Industrialise Africa. – African Development Bank (statement on Angola)
Investments in agro poles and agro industries through provision of lines of credit to private sector can help boost local food production and exports. – African Development Bank
Environmental Social Governance
The Cabinda Phosphate Project inherently brings positive social and environmental impacts and is uniquely positioned to drive sustainable agricultural growth across Middle Africa.
Minbos has adopted the World Economic Forum ESG framework and has set up an impact measurement plan for each sustainability area which includes governance, anti-corruption practices, ethical behaviour, child labour, GHG emissions, land use, ecological sensitivity, water consumption, diversity and inclusion, pay equality and local tax payments.
Principles of Governance
The definition governance is evolving as organizations are increasingly expected to define and embed their purpose at the centre of their business. But the principles of agency, accountability and stewardship continue to be vital for truly “good governance”
An ambition to protect the planet from degradation including through sustainable consumption and production, sustainably managing its natural resources and taking urgent action on climate change, so that it can support the needs of the present and future generations.
An ambition to end poverty and hunger, in all their forms and dimensions, and to ensure that all human beings can fulfil their potential in dignity and equality and in a healthy environment.
An ambition to ensure that all human beings can enjoy prosperous and fulfilling lives and that economic, social and technological progress occurs in harmony with nature.