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Eritrea: AFC Invests US$150 million in the Eritean Colluli Potash Project
Africa Finance Corporation, 16 December 2019
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Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, announces a US$150 million strategic investment in Danakali Limited for the development and construction of the Colluli Potash Project located in the Danakali region of Eritrea. With a mine life of approximately 200 years, the Project will be of significant economic and financial benefit to the country, representing up to 10% of the country's gross domestic product by 2021. Read more.
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A rendering of the Colluli Potash Project located in the Danakil region of Eritrea, East Africa. Danakali Limited is focused on the development of the world class project with a US$150 million strategic investment from the Africa Finance Corporation (AFC).
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