Who We Are

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, Telecom & Information Technology, and Real Estate Development.

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What We Do

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 provides clients with strategic advisory, business development and general management services. Alevation takes pride in its reputation as a leading expert in the Eritrean market.

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

African Development Bank Group and Eritrea strengthen partnership for growth
By Tarikauser / September 1, 2023

African Development Bank Group and Eritrea strengthen partnership for growth

The African Development Bank Group and Eritrea on Friday strengthened their partnership to support the country’s growth and place it...

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Eritrea: The African Development Bank Board approves US$49.92 million to Build a 30 MW Solar Photovoltaic Power Plant in Dekemhare
By Tarikauser / April 6, 2023

Eritrea: The African Development Bank Board approves US$49.92 million to Build a 30 MW Solar Photovoltaic Power Plant in Dekemhare

Financing Approval date 1 March 2023 Project name: Dekemhare 30-megawatt photovoltaic solar power plant project in Eritrea. Amount: US$ 49.92...

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Danakali to sell stake in flagship Colluli potash project in Eritrea
By Alevation / October 3, 2022

Danakali to sell stake in flagship Colluli potash project in Eritrea

Australia’s Danakali (ASX: DNK) is selling its 50% stake in the Colluli potash project in Eritrea, Africa, almost 13 years after partnering with the...

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