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Danakali CEO discusses US$50mln investment by Africa Finance Corporation

Danakali Ltd (ASX:DNK) (LON:DNK) CEO Niels Wage speaks to Proactive London's Andrew Scott following the news Africa Finance Corporation (AFC) has agreed to a US$50 million strategic equity investment.

The subscription agreement with AFC will facilitate the start of project execution activities.

Colluli is fully permitted and construction-ready, with both the EPCM contract and senior debt documentation well advanced.

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Price: 0.395 AUD

ASX:DNK
Market: ASX
Market Cap: $125.9 m
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Danakali Limited in final stages of EPCM Phase 2 for Colluli potash project...

Danakali Limited's (ASX:DNK) (LON:DNK) Niels Wage tells Proactive they're in the final stages of the EPCM Phase 2 for Colluli Potash Project in Eritrea, East Africa. He adds that despite COVID-19 restrictions, all EPCM Phase 2 workflows have continued and all vendor and contractor packages have...

1 week, 3 days ago

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