Home Southern Africa Namibia Namibia: Meya Mining Secures N$400m Ecobank Funding to Boost Diamond Production, Says...

Namibia: Meya Mining Secures N$400m Ecobank Funding to Boost Diamond Production, Says Trustco CEO

Namibia: Meya Mining Secures N0m Ecobank Funding to Boost Diamond Production, Says Trustco CEO

Trustco Group Holdings has confirmed that Meya Mining Limited, in which Trustco holds a minority interest, has secured a N$400-million financing facility from Ecobank Sierra Leone Limited.

The bank is supported by Ecobank Ghana.

In a statement issued on Wednesday, Trustco says the funding will support Meya’s move towards full commercial diamond production under a 25-year exclusive mining licence in Sierra Leone’s Kono District.

According to Trustco, the facility will be used for advanced diamond…

Read more on AllAfrica.com

South Africa Today Africa – Southern Africa Namibia News