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Home Africa

Montage Afrique, Central African Republic sign mining deal

by Bisola Adeyemo
July 21, 2022
in Africa, Mineral resources
Reading Time: 1 min read
0
Mining
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By Bisola Adeyemo

Montage Afrique and the Central African Republic have signed a Memorandum of Understanding (MoU) agreement to commence mining of natural resources and protect the ecosystems in the Central African Republic.

Chairman, Chief Executive Officer Montage Afrique, Ogochukwu Ezeaku, said on Tuesday in a statement after signing the Memorandum of Understanding (MoU) agreement between his group and the Central African Republican authorities in Bangui .

Montage Afrique is an international conglomerate chain with a presence in South Africa, the United Kingdom, Sierra Leone, Liberia, Nigeria, and now the Central African Republic

Part of his words “The signing of a Memorandum of Understanding is as a prelude to the commencement of mining activities in Central Africa.

“The country’s vast human and natural resources needed to be responsibly harnessed to create wealth for the citizens and place the country on the global economic map.

” I am assuring you that Montage Afrique when granted the license to operate will deploy modern technologies that would reduce to the barest minimum, environmental degradation.

“The company will also take into cognizance its Corporate Social Responsibility (CSR) by providing the basic amenities to host communities.”

Ezeaku quoted the Minister of Mines and Geology, Rufin Beltoungou, in the statement to have commended the company for the move.

“Since the return of peace to the country, the administration of Prof. Faustin Touadera is determined to open up the country for foreign investments.

“This is with the view to developing the country economically and creating jobs for its teeming youths.”

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