Company Profile

Alevation Group LLC (Alevation) is a diversified Holding & Investment Company and Strategic Advisory firm focused on Eritrea.

Alevation actively operates in a broad spectrum of industries, including Oil & Gas, Power Generation, Renewable Energy, Telecommunications and Technology, and Real Estate Development.

Alevation and its various financing partners co-invest alongside public and private sector allocated funds.

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Industries And Sectors

Alevation and its various financing partners co-invest alongside public and private sector allocated funds in the following industries and sectors.

Power Generation

Renewable Energy

Oil & Gas

Argo-Industry

Telecom & information Technology

Real Estate Development

Advisory

Alevation takes pride in its reputation as a leading expert in the Eritrean market.

When seeking to enter into a new market, it is important to have an in-country partner to leverage off their in-depth experience, knowledge of the industry, understanding of the industrial and financial landscape, and strong ties with the public and private sectors.
The firm offers something different to clients who, at the highest levels of decision-making, demand trusted counsel and experienced intelligence to help them achieve their goals.

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Mission Statement

Our mission is to help build a well-connected and prosperous Eritrea by creating value in the most sustainable and cost-efficient way thus, building bridges between the World and Eritrea.

Alevation actively operates in a broad spectrum of industries, including Oil & Gas, Power Generation, Renewable Energy, Telecommunications and Technology, and Real Estate Development.

Our goal is to change the world’s perception on the difficulty of doing business in Eritrea, by helping our partners achieve success. We do this by working under the core values: Ethics, Excellence, & Teamwork.

 

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Latest News & Updates

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August 18, 2020

Eritrea Economic Outlook

Real GDP is estimated to have fallen to 3.1% in 2019 due to subdued final demand of investment and exports. On the supply side, mining and agriculture remained the dominant contributors to real GDP growth. On the demand side, government investment in infrastructure— notably in energy, roads, and irrigation— underpins growth...

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August 6, 2020

Danakali eyes finish line for Eritrea potash project

Eleven years after acquiring the project and 10 years after the first drill hole was sunk, Danakali (ASX: DNK, LSE: DNK) is now targeting first production two years out at its Colluli Sulphate of Potash project in Eritrea...

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July 22, 2020

Danakali scores Eritrea nod for vast potash mine

Australia’s Danakali (ASX, LON:DNK) is closer to getting its Colluli potash project off the ground after the Eritrean Ministry of Energy & Mines (MoEM) accepted the company’s development plan for the mine...

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