Elie Ouédraogo’s Néré Mining, backed by Idrissa Nassa’s Coris Bank, acquires Karma
As predicted by Africa Business+ at the end of January, Endeavour Mining has sold its Karma gold mine in Burkina Faso, considered a non-strategic asset.
Someone shares this article with you
▪ Elie Ouédraogo’s Néré Mining, backed by Idrissa Nassa’s Coris Bank, acquires Karma
▪ As predicted by Africa Business+ at the end of January, Endeavour Mining has sold its Karma gold mine in Burkina Faso, considered a non-strategic asset.
▪ https://www.africabusinessplus.com/en/811373/elie-ouedraogos-nere-mining-backed-by-idrissa-nassas-coris-bank-acquires-karma/
The buyer is Néré Mining, a consortium led by local entrepreneur Élie Justin Ouédraogo and a director of Semafo Burkina Faso, one of the entities of Semafo, the Canadian mining company acquired by Endeavour in 2020. Ouédraogo controls 29% of Néré Mining and chairs Riverstone Karma SA, the company with a share capital of CFAF 52 billion (€79.3 million) that holds the Karma mining licence near Ouahigouya in the north of the country.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
09/01/2023 at 17h17, by Africa Business+
Coris Bank International maintains support for Orezone with covenant lite loan
The banking brand created and managed by Idrissa Nassa continues to support the Canadian company, which...
Commercial banking
29/11/2022 at 17h27, by Africa Business+, updated 30/11/2022
Coris : Idrissa Nassa considering a move into Central Africa
Details from Africa Business+.
Bank
30/06/2022 at 15h11, by Africa Business+
Burkina’s Network of Popular Credit Unions planning to create bank
According to Africa Business+ sources, the Burkinabe leader in microfinance is applying for a banking...
Mines
28/01/2022 at 13h56, by Africa Business+, updated 30/01/2022
Coris CEO Idrissa Nassa and the head of Lillium/Vista Simon Tiemtore interested in Endeavour’s Karma mine
Another exclusive from Africa Business+.
Mines
17/04/2020 at 16h25, by Africa Business+, updated 18/06/2021
After a massive contribution from AFC, Thor welcomes Oliver Andrews to its board and launches its gold mine in Nigeria ($98m)
The closing of the financing for the Segilola project has been secured thanks to the pan-African finance...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.