AFC funding development of three new gold mines in West Africa
African infrastructure and investment group Africa Finance Corporation (AFC) has announced that it is providing Mota-Engil Africa (MEA), part of the global Mota-Engil construction group, with a five-year €100-million facility. This will support the purchase of equipment, site infrastructure and inventories for the implementation of three new gold mining contracts, in Mali and Côte d’Ivoire. “This transaction underscores the strength of our decade-long relationship with [MEA] and our shared vision to deliver sustainable economic transformation across Africa,” highlighted AFC president and CEO Samaila Zubairu. “Gold continues to be a vital economic driver for many African nations, and through this investment, AFC is helping to unlock long-term value-supporting export earnings, job creation, and broader industrial development of the region.”
African infrastructure and investment group Africa Finance Corporation (AFC) has announced that it is providing Mota-Engil Africa (MEA), part of the global Mota-Engil construction group, with a five-year €100-million facility. This will support the purchase of equipment, site infrastructure and inventories for the implementation of three new gold mining contracts, in Mali and Côte d’Ivoire. “This transaction underscores the strength of our decade-long relationship with [MEA] and our shared vision to deliver sustainable economic transformation across Africa,” highlighted AFC president and CEO Samaila Zubairu. “Gold continues to be a vital economic driver for many African nations, and through this investment, AFC is helping to unlock long-term value-supporting export earnings, job creation, and broader industrial development of the region.”
