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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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Eritrea Economic Outlook
By Tarikauser / 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....

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Danakali eyes finish line for Eritrea potash project
By Tarikauser / 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...

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Danakali scores Eritrea nod for vast potash mine
By Tarikauser / 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...

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AFC INVESTS US$150 MILLION IN THE ERITREAN COLLULI POTASH PROJECT
By Tarikauser / December 16, 2019

AFC INVESTS US$150 MILLION IN THE ERITREAN COLLULI POTASH PROJECT

Lagos, 16 December 2019 : Africa Finance Corporation (“AFC” or the “Corporation”), the leading infrastructure solutions provider in Africa, announces...

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THE STATE OF ERITREA BECOMES AFRICA FINANCE CORPORATION’S 24TH MEMBER STATE
By Tarikauser / November 18, 2019

THE STATE OF ERITREA BECOMES AFRICA FINANCE CORPORATION’S 24TH MEMBER STATE

Asmara, 18, November 2019: Africa Finance Corporation (“AFC” or “the Corporation”) is pleased to announce the accession of the State...

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Investment Opportunities in Eritrea
By Tarikauser / July 23, 2018

Investment Opportunities in Eritrea

On Tuesday, July 24, 2018, Corporate Council on Africa hosted a working group on Investment Opportunities in Eritrea, with guest...

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