Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (which forms part of domestic
6 April 2021
Clean Invest Africa Plc ("Clean Invest Africa" or the "Company") subsidiary CoalTech and Exagogi* sign Memorandum of Understanding for business development activities in
Clean Invest Africa Plc (AQSE:CIA), the AQSE Exchange quoted investment company, is pleased to announce that its group subsidiary CoalTech Limited (“CoalTech”) has signed a Memorandum of Understanding (“MoU”) with the Exagogi group of companies in respect of Exagogi providing business development capabilities to identify business opportunities in
CoalTech’s mission is to clean-up the millions of tons of coal fines waste and other high grade minerals & solid based natural resources waste globally consistent with the aims of the United Nations Sustainable Development Goals.
Filippo Fantechi, Chief Executive Officer & Director of Clean Invest Africa and CEO of CoalTech, commented "We are delighted that as a result of entering into this MoU we have secured the services of a leading Indian company that will accelerate CoalTech’s market entry into one of the largest and most significant markets for our services. We look forward to being able to contribute to the removal of the tons of coal fines waste in
Working in partnership with the team at Exagogi will facilitate our expansion into
Gerhard Hoffmann, Managing Director of Exagogi, “Exagogi is excited to work with CoalTech in
The directors of the Company accept responsibility for the contents of this announcement.
*Exagogi is a private technology and solutions service provider in the field of coal, iron ore and mineral beneficiation with Indian and South African processing, project implementation & operations expertise in these fields including pelletisation. The group comprises Exagogi Consulting Engineering Pvt Ltd India and Exagogi Consulting Engineering (Pty). Ltd. SA a subsidiary in
Clean Invest Africa PLC
Filippo Fantechi, Director
Telephone: +973 39696273
Peterhouse Capital Limited
Guy Miller/Mark Anwyl
Telephone: 020 7220 9795