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EBID’s $120 million financing deal herald’s new era for indigenous mining in Ghana

Summary by Sarwatch
In a major boost to local ownership and value creation in West Africa’s mining sector, the ECOWAS Bank for Investment and Development (EBID) has approved a $120 million financing facility for Engineers & Planners Limited (E&P), a leading Ghanaian mining and construction firm. The funds will enable the acquisition of the Black Volta Gold Mine, positioning E&P to become Ghana’s first fully indigenous and wholly owned mining company—a landmark achi…
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Sarwatch broke the news in on Tuesday, July 15, 2025.
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