Clean Invest Africa Plc - Appointment of non-Board Strategic Adviser and Investor
Announcement provided byClean Invest Africa Plc · CIA
22 March 2022
Clean Invest Africa Plc
Appointment of non-Board Strategic Adviser and Investor
Clean Invest Africa Plc (“CIA” or the “Company”) is very pleased to welcome Mr Ramin Salsali as a strategic investor and a strategic adviser to the Company. Mr Salsali entered the real estate development business with the main focus of preservation of historical buildings. In 2011 Mr Salsali established a museum for contemporary art in
Mr Ramin Salsali has recently invested
Mr Salsali also remarked that, ‘’the additional benefits for mining companies, potentially increasing their output by over 15% to convert this waste into a valuable source of energy, along side it’s clear alignment with corporate social responsibilities makes CoalTech a compelling investment. In addition, today, there are applicable technologies for Low-to-Zero-Emission technologies for fossil fuel powered power generation plants. Considering the technological advancement in coal fired power plants and geopolitical aspects, coal can and will continue to play a major role in energy production.
Finally Mr Salsali noted that, “The technology developed by CoalTech is applicable for recovering other more valuable and precious minerals, such as ilmenite and chrome and this is a large and growing addressable market for CIA to enter.”.
The CIA chairman, Shaikh Mohamed Abdulla Khalifa AlKhalifa welcomed the investment by Mr Salsali and noted that “The Board has met with Mr Salsali recently and looks forward to a long-term cooperation with Mr Salsali, not only as an investor, but also as an advisor to CIA to seek to establish the first series of industrial scale plants in
The directors of the Company accept responsibility for the contents of this announcement.
Clean Invest Africa plc
Filippo Fantechi – Chief Executive Officer: +973 3 9696273
Peterhouse Capital Limited
Guy Miller: +44 20 7469 0930
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