Minbos Receives US$2.43M for Angola Project

Minbos lands second funding tranche for construction of Cabinda phosphate project

Minbos Resources (ASX:MNB) has received a second tranche of funding – amounting to US$2.43 million – from the Fundo Soberano de Angola (FSDEA) to enable its continued development of the Cabinda phosphate fertilizer project. The funds – received through Minbos’ subsidiary, Phobos – will go towards construction work at the project in Angola’s northwest, with a final tranche of US$1.17 million set to be received from the FSDEA once Minbos finalises…

Minbos Receives US$2.43M for Angola Project

Minbos Resources (ASX:MNB) has received US$2.43 million, the second tranche of funding from the Fundo Soberano de Angola (FSDEA), earmarked for the construction of the Cabinda Phosphate Fertilizer Project in Angola. This financial injection will bolster the ongoing development of the project, a key initiative for Minbos. The remaining US$1.17 million tranche is contingent upon finalizing project insurance renewals and submitting supplier quotati…

Luanda, 6 Mar (Prensa Latina) The Foreign Ministers of Angola, Téte António, and Venezuela, Yvan Gil Pinto, today discussed the strengthening of bilateral relations and the dynamization of cooperation.The post Angola and Venezuela for dynamizing cooperation first appeared on Noticias Prensa Latina.