LONDON: Danakali Limited announced today the new appointments to its Board of Directors, Samaila D. Zubairu, President and CEO, and Taiwo Adeniji, Senior Director for Investment Operations & Execution, of Africa Finance Corporation (AFC). They are joining the Danakali Board as Non-executive Directors with immediate effect and at an important time, bringing significant experience to…
LONDON: Danakali Limited, a potash company focused on the development of the Colluli Sulphate of Potash Project, has received the proceeds of the first tranche of its US$50 million strategic equity investment from Africa Finance Corporation (AFC). AFC’s strategic equity investment is part of the overall funding package for development and construction of the Colluli…
LONDON: Danakali Limited has entered into a subscription agreement with Africa Finance Corporation (AFC) for a placement of fully paid ordinary shares to raise US$50 million. The Placement will be part of the overall funding package used for the development and construction of the Colluli Sulphate of Potash Project (Colluli or the Project) in the…