African Potash
| Public Limited Company | |
| Traded as | AIM: AFPO |
| Industry | Mining |
|
Key people
|
Chris Cleverly, Mark Simmonds, Lord Peter Hain, Elias Pungong |
| Products | Fertiliser |
| Website | http://www.africanpotash.com/ |
It is focused on building a platform for the mining, production and distribution of fertiliser. Its operations are primarily focussed on potash assets within the African continent. It has a market capitalisation of approximately £0.9 m as of 20 April 2017.
In August 2015, it entered into a trading agreement with the Common Market for East and Southern Africa (COMESA), a free trade union of twenty African member states, and the Mask Africa Crowd Farm Fun Limited (MACFF), to supply and deliver at least 500,000 metric tonnes of fertiliser on an annual basis for an initial three-year period. Since the agreement, it has secured multiple agreements to supply fertiliser to numerous African member states, including the Democratic Republic of Congo, Malawi, Zimbabwe and Zambia. The Company is focussed on further building upon these trade agreements, recognising the important role fertiliser can play in achieving food security in Africa.
On the 26 October 2015, African Potash announced the appointment of Conservative party politician, Rt Hon Mark Simmonds, who previously served as a Member of Parliament for Boston and Skegness, to the Board. He formerly served as Foreign and Commonwealth Minister for Africa.
Further to this appointment, on 28 October 2015 the Rt Hon Lord Peter Hain joined the Board. Lord Peter Hain was a Cabinet Minister for seven years and a government minister for five years, holding a number of positions including Foreign Minister, Europe Minister and Energy Minister. He is due to become a Member of the House of Lords in November 2015.
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