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Credit approval for Eritrea potash project finance

Danakali’s dream of developing its Colluli potash project in Eritrea is becoming a reality with Africa Finance Corporation and African Export Import Bank securing formal credit approval for a proposed US$200 million senior debt finance facility.

Credit approval for Eritrea potash project finance Credit approval for Eritrea potash project finance Credit approval for Eritrea potash project finance Credit approval for Eritrea potash project finance Credit approval for Eritrea potash project finance

Dankali is now looking for a last bucket of project finance for Colluli in Eritrea

While the facility remains subject to both final documentation and conditions precedent prior to drawdown, it includes a formal approval of export credit support from the Export Credit Insurance

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