- World Food is investing close to Ten Million US Dollars in Ghana, in equipment, infrastructure and employees, to revive the mines that were once lifeless, which the company said will soon be "beacons of economic growth!"
The company has begun to expand their farming operations to Ghana, through their new funding structure, which includes purchasing gold mines as part of their funding structure for the Mega Farms they are building in Ghana.
According to the World Food statement, the company has secured the mineral rights to 300 acres of Alluvial Gold mines. “Each mine is 25 acres. The mines are located in the area of Kibi. World Food has begun moving the excavators, bulldozers, gold washers and water pumps into that area for immediate deployment,” the company said in a statement.
The statement further said the company has purchased fifteen (15) 320 D excavators, 8 bulldozers, and 120 manual washers and 100 water pumps for this massive operation, adding that each mine is expected to produce 10-20 kilos of gold dust per month, from which three of the mines are already producing dust, said to be at least ninety (90) percent pure and at least 22Kts in quality.
“World Food Association has formed a wholly owned subsidiary named World Food Ghana LTD. This company has begun to purchase pre-existing mining companies as well. The companies they have previously secured mining concessions either through purchase or tribal inheritance but they lacked the money to truly cultivate their mining concessions and were using time consuming and often crude methods of manual labour. The previous mine owners were using labourers that had shovels and they would only mine 1-2 kilos every two months,” the statement said.
Apart from the mining concessions, the company is also negotiating the acquisition of 200,000 acres of land that will be used for Agriculture.
“World Food will continue to expand throughout the continent of Africa in their efforts to ‘Feed the World One Nation At A Time,’" the statement concluded.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
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