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Vol 7 (AAC) No 1

Published 1st November 2013

Sierra Leone

China Kingho targets multiple projects

The privately-owned mining company is expanding its business activities to include mining, railway and electricity projects

China’s Kingho Energy has clinched an agreement with the Ministry of Energy for the construction of one thermal and three hydroelectric power plants in Sierra Leone. Minister of Energy and Power Oluniyi Robbin-Coker signed the deal with Kingho Energy Group Chairman Huo Qinghua on 4 October in Beijing. At present, officials say, the memoranda of understanding (MoUs) are sketchy, with the fine detail of the plans still to be decided, but Kingho is looking to enter a joint venture with the government, by which both parties would contract out the construction of the hydroelectric plants.

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