Nouvelle Gabon Mining S.A. (NGM) #43522
Created at
2021-05-18
Last update
2021-05-18
Involvements (3)
ID
Name
Société Equatoriale des Mines (SEM)
Country of registration/origin
Gabon
Classification
State-/government (owned) company
Relationship
Parent company
Investment type
Shares/Equity
Comment
Minority share
ID
Name
Africa Finance Corporation (AFC)
Country of registration/origin
Nigeria
Classification
Multilateral Development Bank (MDB)
Relationship
Parent 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,
ID
Name
[unknown investor]
Country of registration/origin
India
Relationship
Parent company
Investment type
Shares/Equity
Comment
NGM is Indian owned but no details on specific investor
Deals (Involvements as Operating company) (1)
ID
Target country
Gabon
Intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
83 500 ha