Avima awaits go-ahead from Yaounde to transport Congolese iron to Kribi
After over a year of negotiations, the mining company is awaiting authorisation from the Cameroonian authorities to transport its iron ore to the deep-water port of Kribi.
14/09/2020 at 15h20, by Africa Business+
It has been three months since Avima Iron Ore Limited, chaired by Socrates Vasiliades, signed an MOU with the Port Autonome de Kribi (PAK) allowing it to store and load 65%-grade iron ore at the multipurpose terminal in the southern Cameroon coastal town. Avima is now confident it will obtain another waiver from Yaounde to allow the transit of its ore to PAK, the seaport headed by Patrice Melom.
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