Abu Dhabi-based investment and development firm, Mubadala Development Company (Mubadala), seeks new investment and collaboration prospects in Sierra Leone’s Bauxite, Alumina and Iron Ore sectors.
This comes after a Sierra Leonean delegation, led by the minister of mines and mineral resources, Alhaji Minkailu Mansaray, had talks with executives from Mubadala.
“Mubadala is a potential strategic mining partner for…Sierra Leone and we are very pleased to initiate talks in this direction. We look forward to working towards a successful partnership with Mubadala in the mining sector, which is highly strategic for Sierra Leone and our bilateral economic cooperation particularly for the development of our economy,” Mansaray said in a statement.
This move is keeping with the government of Sierra Leone’s plan for the prosperity for its people. The partnership, Mansaray said, had to first benefit the people of Sierra Leone.
Mubadala’s portfolio is valued at more than $55 billion. The firm manages a portfolio of local, regional and international investments and partners with leading global firms to run businesses throughout a wide range of industry sectors. (VENTURES AFRICA)