The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $150 million senior loan to Mauritanian state-owned iron ore firm Société Nationale Industrielle et Minière (SNIM) to increase its logistics capacity and strengthen the country’s mining sector.  The approval, granted on November 29, is part of SNIM’s $467 million logistics expansion program, which aims to double the transport capacity of its iron ore railw…

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Mauritania: African Development Bank grants $150 million loan to Boost mining sector

Local mining company had a loan of US$ 150 million approved by the African Development Bank The post Mauritania expands iron ore transportation appeared first on Monitor Mercantil.

Empresa de mineração local teve empréstimo de US$ 150 milhões aprovado pelo Banco Africano no Desenvolvimento O post Mauritânia expande transporte de minério de ferro apareceu primeiro em Monitor Mercantil.

Mauritânia expande transporte de minério de ferro

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Mauritania expands iron ore transportation

The Board of Directors of the African Development Bank Group has approved a US$150 million senior loan to Mauritanian state-owned iron ore firm Société Nationale Industrielle et Minière (SNIM) to increase its logistics capacity and strengthen the country’s mining sector. The approval, granted on November 29, is part of SNIM’s US$467 million logistics expansion program, which aims to double the transport capacity of its iron ore railway by 2030. …

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AfDB grants Mauritania US$150 million loan to boost mining sector

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البنك الأفريقي للتنمية يوافق على قرض بقيمة 150 مليون دولار لزيادة القدرة اللوجستية ل Snim

alwiam.info

Mauritania

African Development Bank approves $150 million loan to increase SNIM’s logistics capacity

Al Akhbar (Nouakchott) - The Board of Directors of the African Development Bank Group has approved a concessionary loan of $150 million (about 60 billion old ouguiyas) to the National Industrial and Mining Company (SNIM), with the aim of increasing its logistics capacity and strengthening the mining sector in Mauritania. The bank said in a briefing, a copy of which was sent to the independent news agency, that this support will enable SNIM to im…

الأخبار (نواكشوط) – وافق مجلس إدارة مجموعة البنك الأفريقي للتنمية، على منح قرض امتيازي بقيمة 150 مليون دولار (نحو 60 مليار أوقية قديمة) للشركة الوطنية للصناعة والمناجم "اسنيم"، بهدف زيادة قدرتها اللوجستية، وتعزيز قطاع المناجم في موريتانيا. وقال البنك في إيجاز أرسل نسخة منه إلى وكالة الأخبار المستقلة إن هذا الدعم سيمكن شركة سنيم من تنفيذ برنامج لتوسيع القدرة اللوجستية بقيمة 467

البنك الإفريقي للتنمية يقرض شركة "اسنيم" 60 مليار أوقية

alakhbar.info

African Development Bank lends SNIM 60 billion ouguiyas

The African Development Bank approved a $150 million concessional loan to the National Industrial and Mining Company (SNIM) on November 29, as announced on the bank’s official website on Tuesday. The loan granted by the African Development Bank will enable SNIM to purchase up to 36 locomotives and 1,743 wagons to transport iron ore production to the iron ore port in Nouadhibou. The loan, provided by the bank, represents nearly a third of the com…

وافق البنك الإفريقي للتنمية على منح قرض امتيازي بقيمة 150 مليون دولار للشركة الوطنية للصناعة والمناجم سنيم، يوم 29 نوفمبر الماضي، وأعلن عنه الموقع الرسمي للبنك أمس الثلاثاء. سيمكن القرض الممنوح من البنك الأفريقي للتنمية لشركة سنيم، من اقتناء ما يصل إلى 36 قاطرة و1743 عربة لنقل إنتاج الحديد إلى ميناء الحديد الخام في نواذيبو. ويشكل القرض، المقدم من البنك، قرابة ثلث ميزانية رصدتها الشركة بقيمة 467 مليون دولار، ضمن برنامج يهدف إلى توسيع القدرة اللوج…

"سنيم" تقترض 150 مليون دولار لتوسيع قدراتها صحراء ميديا

saharamedias.net

SNIM borrows $150 million to expand its capabilities Sahara Media

Mauritania. Image: Zerophoto/stock.adobe.comThe African Development Bank Group has approved a $150 million senior loan to Mauritanian state-owned iron ore firm, Société Nationale Industrielle et Minière (SNIM), to increase its logistics capacity.  The approval, granted on 29 November 2024, is part of SNIM’s $467 million logistics expansion program, which aims to double the transport capacity of its iron ore railway by 2030. The investment will e…

Mauritania: African Development Bank grants $150 million loan to Boost mining sector

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