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FG Gold, AFC and Afreximbank Achieve Financial Close On U.S.$330 Million Senior Debt Financing for Baomahun Gold Project

Summary by allAfrica
01 December 2025, Freetown, Sierra Leone. FG Gold Limited ("FG Gold") is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone's flagship large-scale commercial gold mine. This milestone unlocks one of the most significa…

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FG Gold Limited has completed the first tranche of a senior debt financing of USD 330 million, arranged with Africa Finance Corporation (AFC) and Afreximbank, for the construction and development of the Baomahun gold project. The operation also benefits from a capital contribution from the Trafigura Group. This financing adds to the USD 100 million already provided...

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Zawya broke the news in on Monday, December 1, 2025.
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