Friday, December 13, 2019

Business / DT 4-5 / 2010

Local firm challenges Yara property deal in Dar es Salaam port

The Finnish-Dutch owned firm DSM Corridor Group (DSG) is investing millions of dollars in a fertiliser terminal in the port of Dar Es Salaam. DSG fears that it will be wiped out of business by the donor-backed Norwegian firm Yara, the world’s largest fertiliser producer, which has been granted land for its new terminal by the government on favourable terms.

New Danish aid strategy silent on private sector schemes

A new Danish aid policy puts job creation in Africa and human rights at the top of the agenda. Despite a strong focus on the private sector in aid there is no call for an overhaul of Danish private sector tools.

Sida, USAID launch cooperation on guarantees

The Swedish International Development Cooperation Agency and the US Agency for International Development have entered into a ten-year agreement for cooperation on the provision of guarantee facilities.

Growth corridors in E Africa could open huge markets for Yara

Yara has joined forces with Norway to push for agriculture growth corridors in Tanzania and Mozambique. Building new fertiliser terminals are small pieces in this big plan. If successful, the initiative would both build the Yara brand and open big new markets.

Norfund on Yara: a commerical relationship

Norfund, the Norwegian aid-financed risk capital fund, is negotiating with Yara to co-finance the company’s planned fertiliser terminals in Beira and Dar es Salaam.