- $330mn senior debt secures Sierra Leone’s first large-scale gold mine
- AFC, Afreximbank and Trafigura back landmark African-led financing
FREETOWN, SIERRA LEONE — FG Gold has reached financial close on a $330mn senior debt package for the Baomahun Gold Project, unlocking Sierra Leone’s first large-scale commercial gold mine.
FG Gold Limited said the financing was arranged with Africa Finance Corporation and African Export-Import Bank (Afreximbank), with additional capital mobilisation from Trafigura Group. The funding secures the construction and development of the Baomahun Gold Project, described as Sierra Leone’s flagship commercial gold mine.
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