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Danakali signs $200M debt mandate

Potash player Danakali has locked down another critical project financing milestone in its bid to develop the massive Colluli project on the Horn of Africa, with a US$200 million debt mandate signed with African development financial institutions African Export-Import Bank and Africa Finance Corporation.

Haydn Black
Danakali signs $200M debt mandate

Under the indicative term sheet, Afreximbank and AFC have agreed to provide fully underwritten debt finance facilities for the development in Eritrea. The pair arranged some $4 billion in syndicated debt...

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