Togo Invest to co-exploit the Ledjoblibo clay deposit

Economic governance

Tuesday, 06 October 2020 11:47

Togo Invest to co-exploit the Ledjoblibo clay deposit

(Togo First) - Togo Invest (TI) will take part in the large-scale mining (a 20-year renewable license) of the Ledjoblibo clay deposit in the Dankpen district (about 90 km from Kara, which is 420 km north of Lomé).

The State holding was urged to join the project by the minister of mines who believes this will improve its governance.

According to studies conducted so far, the deposit is of very good quality, with estimated reserves of 11,074,000 m3 or 18,825,800 t of clay. The deposit’s output will serve to make bricks and tiles.

“The project,” TI noted, “aligns with the strategic goals of the national development plan (covering the 2018-2022 period) and falls under its second axis which aims at developing processing hubs in agriculture, manufacturing, and extractive industries.” Moreover, it is “a densification project in the context of the development of the South-North corridor aimed at creating poles of economic activity and producing goods for the future rail corridor.”

Séna Akoda

REFORMS OVERVIEW

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