Africa Finance Corporation

Danakali secures preferred contractor credit for Colluli power plant

Danakali has announced that Afreximbank has granted credit approval for preferred power contractor with a US$42 million guarantee.

US$200 million secured for Colluli Potash Project

Africa Finance Corporation and African Export Import Bank have obtained credit approval for the Colluli Mining Share Company with US$200 million.
east africa metals

Altau Resources granted Zager exploration licence in Ethiopia

Altus Strategies has announced that its 100% owned Ethiopian subsidiary, Altau Resources, has been granted the Zager exploration licence in Ethiopia.

Renewable energy for mines – a must-have

Renewable energy has faced many hurdles in the mining sector. But that has since changed with plants that reduce a mining operation’s diesel consumption.

SENET: The African projects specialist

For the last three decades, SENET has been a leading project management and engineering, procurement and construction management companies.
Africa Finance Corporation

Danakali boosts Eritrean economy – enhances sustainability goals

Danakali says that a report funded by the UNDP on the contributions of the Colluli Potash Project to Eritrea’s Sustainable Development Goals is ready.
Africa Finance Corporation

Lifting of sanctions on Eritrea will open doors for foreign investment

ASX/LSE-listed Danakali welcomes the United Nation’s decision to lift the arms embargo and targeted sanctions imposed on Eritrea since 23 December 2009.

Zijin Mining’s takeover bid of Nevsun maintains momentum

TSX / NYSE-listed Nevsun Resources has been advised by Zijin Mining Group that Zijin has received the second of three required regulatory approvals from the People's Republic of China for Zijin's proposed friendly takeover bid of Nevsun.
potash Emmerson

Danakali appoints DRA Global as preferred EPCM contractor for Colluli

Dual-listed potash developer Danakali, on behalf of the Colluli Mining Share Company, has chosen DRA Global as the preferred engineering, procurement, construction and management provider for the Colluli potash project in Eritrea.
coal china

Zijin Mining to bid C$1.86 billion for Nevsun Resources

Nevsun Resources and Zijin Mining Group have entered an agreement where Zijin will make a take-over bid to acquire Nevsun.

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