Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

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Message: We should get an update

Another publication (All Africa) that claims that Allana is in negotiations with Afreximbank regarding a 11 Billion BIRR loan (approx 600 Mil USD). That brings it to three web publications, all from June 2013. This one from All Africa and even quote Denys Denya, the bank's executive vice president of Finance, Administration and Banking Services. We need to ask Farhad about these rumors / publications. Maybe Allana needs to issue a news release to either confirm or deny that negotiations are ongoing. Links to the three publications below:

All Africa: http://allafrica.com/stories/201306250303.html

Africa Review : http://www.africareview.com/Business---Finance/AfrEximBank-eyeing-Ethiopia-potash-deal/-/979184/1889238/-/6hnpnj/-/index.html

The Reporter Ethiopia: http://www.thereporterethiopia.com/index.php/news-headlines/item/642-allana-receives-green-light-for-11-bln-birr-loan

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