Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

SMSFAST Surpasses 1.29 Million Users With 96.4% SMS Delivery Rate

2026-07-17

Scott IT Academy Launches Online Platform for Secure Agile Development Training

2026-07-17

Huawei South Africa Connect 2026 to tackle the infrastructure needed for the AI era

2026-07-17
Facebook X (Twitter) Instagram
Trending
  • SMSFAST Surpasses 1.29 Million Users With 96.4% SMS Delivery Rate
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Finance»Suiso Pumps R31.5 Billion Into Coal-To-Fertiliser Mega Project In Kriel, Mpumalanga
Finance

Suiso Pumps R31.5 Billion Into Coal-To-Fertiliser Mega Project In Kriel, Mpumalanga

Gugu LourieBy Gugu Lourie2025-01-29Updated:2025-02-03No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Basetsana Kumalo
Businesswoman and former Miss South Africa Basetsana Kumalo. Image by StartUp Mag South Africa
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Suiso, a South African company specialising in blue ammonia production, is set to invest $1.7 billion (R31.5 billion) in a state-of-the-art coal-to-fertiliser facility in Kriel, Mpumalanga.

Founded in 2019 by four local entrepreneurs, Suiso is driving sustainable energy solutions, food security, and responsible resource management.

The project, backed by businesswoman and former Miss South Africa Basetsana Kumalo as a black economic empowerment partner, promises to create 4,000 jobs during construction (slated for 2026) and 981 permanent positions upon operational launch in 2029.

The facility will produce 1.5 million tons of nitrogen-based fertilisers annually, replacing South Africa’s import of 1.2 million tons of urea fertilisers, saving foreign exchange and shielding the agricultural sector from volatile global supply chains.

Additionally, it will produce 234,000 tons of clean, zero-sulphur blue methanol annually, aligning with South Africa’s pending Fuel Act of 2027. Advanced decarbonisation and carbon capture technologies will enhance sustainability, while PurActive-coated fertilisers will boost crop yields by up to 5%.

suiso
Construction of the coal-to-fertiliser project in Kriel, a small farming and mining town in Mpumalanga.

Suiso’s partnerships with global leaders like Sinopec Ningbo Engineering, Stamicarbon, and ETG emphasises its commitment to excellence and community upliftment. ETG will distribute Suiso’s fertilisers across Africa, supporting local agriculture and long-term food security.

“This is more than a fertiliser project,” says Suiso founder Paul Erskine.

“It’s a commitment to South Africa’s economic empowerment, food security, and sustainable development. With global partnerships, innovative technologies, and a focus on community upliftment, we are set to redefine the agricultural and economic landscape of the sub-continent.”

Suiso founders
Suiso founders and BEE partners

The project also includes workforce development initiatives, such as the onsite Gerhard Potgieter Engineering Training College, which will upskill 400 people, building a skilled labour pool for the region. Located on a 900-hectare site, Suiso’s inland operations reduce logistical costs, benefiting farmers directly. Discussions for a 15-year renewable energy power purchase agreement further solidify Suiso’s commitment to carbon neutrality.

By addressing Sub-Saharan Africa’s urgent food security challenges, Suiso’s facility will play a pivotal role in nourishing crops and supporting the UN’s goal of increasing global food production by 60% by 2050.

Basetsana Kumalo Coal-To-Fertiliser Kriel Mpumalanga Suiso
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
  • Website

Related Posts

What to Look for in a South African Online Casino

2026-07-15

Session Telecoms Slaps Regulator With Legal Challenge, Alleges Industry-Wide Fraud Cover-Up In R6M Penalty Row

2026-07-09

South Africa’s Costly Data Breaches: 1.81% GDP Loss And The Avoidable Own-Goals Costing The Economy

2026-07-06

ISPA Warns: Blocking Illegal Betting Sites Is Easy to Dodge, Risky, and Unlawful

2026-07-02

Vodacom Completes $2.1 Billion Safaricom Stake Acquisition, Boosts East Africa Presence

2026-06-30

Prosus Leads €480M Alan Funding To Transform AI Healthcare Future

2026-06-25

SA’s Multi-Billion Rand Telecom Upgrades Risk Hitting An AI Wall, New Research Warns

2026-06-17

Why Fixing South Africa’s Youth Unemployment Crisis Starts In The Workshop

2026-06-08

Huge Group’s Ecosystem Pivot Signals Long-Term Value Inflection

2026-05-29
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Eskom Green Secures Final PFMA Approvals, Targets 32GW Utility-Scale Renewable Push By 2040

South Africa’s energy landscape enters a transformative new chapter this week as Eskom Holdings secures…

From Innovation To Application: AI In The Business Of Property

2026-07-14

SA FinTech Float Exports Card-Linked Instalment Innovation To The UK

2026-07-08

South African AI Coding Startup HyperDev Secures R16 Million Pre-Seed Funding Amid Explosive User Growth

2026-07-06
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

Amazon Leo Names Herotel, Maziv As Distributors In Starlink Battle

2026-07-15

Giant Data Centres Get The First Green Light From Cape Town Tribunal

2026-07-15

Eskom Launches Eskom Green, A Dedicated Renewable Energy Business

2026-06-09

Why South Africans Are No Longer Switching Mobile Phone Operators?

2026-06-01

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

SMSFAST Surpasses 1.29 Million Users With 96.4% SMS Delivery Rate

2026-07-17

Scott IT Academy Launches Online Platform for Secure Agile Development Training

2026-07-17

Huawei South Africa Connect 2026 to tackle the infrastructure needed for the AI era

2026-07-17
Recent Posts
  • SMSFAST Surpasses 1.29 Million Users With 96.4% SMS Delivery Rate
  • Scott IT Academy Launches Online Platform for Secure Agile Development Training
  • Huawei South Africa Connect 2026 to tackle the infrastructure needed for the AI era
  • The .za Domain Name Authority Confirms Annual Registry Fee Adjustment
  • The Strait of Hormuz is in trouble: How can office workers earn passive income through the MoneySimpler platform?
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.