Africa Finance Corporation (AFC) #43118

Created at
2020-10-26
Last update
2020-10-26

Involvements (2)

ID
37384
Name
Gabon Special Economic Zone SA
Country of registration/origin
Gabon
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
21 %
ID
43522
Name
Nouvelle Gabon Mining S.A. (NGM)
Country of registration/origin
Gabon
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
45 %
Comment
In 2019, AFC invested a total of c.US$247 million to acquire c.45 percent of Nouvelle Gabon Mining (NGM). AFC’s investment thesis for this transaction was influenced by the Gabon Special Economic Zones (GSEZ), an AFC investee company which currently provides logistics services to NGM,