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IN BRIEF: Danakali Says No Tranche 2 AFC Funding Before Deadline

26th Oct 2020 16:20

Danakali Ltd - Colluli potash project developer - Says tranche 2 equity funding of USD28.5 million from Africa Finance Corp will not be satisfied by November 21 deadline. "As an international financial institution with a mandate to support infrastructure and industrial development in Africa, AFC's support of the development of the Colluli project remains firm," Danakali said.

Current stock price: 20.50 pence

Year-to-date change: down 37%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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