Sri Lanka explores mining opportunities in Central African Republic

8 March 2024 12:08 pm Views - {{hitsCtrl.values.hits}} 9 Bookmark

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High Commissioner of Sri Lanka to Kenya, Kana Kananathan, engaged in a significant meeting with the President Faustin-Archange Touadéra of the Central African Republic at his country residence recently .

The discussions primarily revolved around elevating bilateral relations, focusing on avenues for collaboration, particularly in the context of Sri Lankan businesses capitalizing on the rich mining opportunities in the Central African Republic.

The dialogue emphasized fostering economic ties and exploring strategic partnerships to facilitate the effective utilization of the abundant mineral resources in the region by Sri Lankan entrepreneurs.

Central African Republic”s minerals include diamonds. Gold, uranium, iron ore, copper, and manganese

The meeting between President Faustin Touadéra marks a pivotal step towards enhancing economic cooperation and opening new avenues for mutual growth and prosperity.

Kananathan said the meeting was exploring rich mining opportunities and strengthening bilateral ties for mutual growth .

Comments - 9

Bernard Jayatilake Friday, 08 March 2024 06:53 PM

There are many untapped gem resources in this country due to bureaucratic red -tape and officialdom restricting mining activities and before embarking on foreign resources we should liberlize our mining activities.

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Revamp Ambassador Postings Sunday, 10 March 2024 06:42 AM

Absolutely. He’s too free as not much of Sri Lanka activities to manage. Now finding ways to justify his position. All ambassador’s stationed in 3rd world countries with hardly any Sri Lankan’s investments should be based in Colombo and not in the respective countries. I guess another 5 to 20 layers of embassy staff to support the ambassador plus his and their lodgings too.

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Pullma Dingalinga Saturday, 09 March 2024 02:41 PM

Look how fat the Ambassador has got. It’s a good life for some.

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Nakipala Dangedara Saturday, 09 March 2024 03:14 PM

Another god place to hide stolen public money - good for Myna and company and Wal Ali!

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FredSnR Saturday, 09 March 2024 05:07 PM

SL digs holes in the ground and calls it mining maybe they have improved a little now.Mining in general is capital intensive sophisticated at international level .Better option develop the gem industry in SL full of potential if handled transparently and scientifically and graphite in SL

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BuffaloaCitizen Saturday, 09 March 2024 07:21 PM

We mine graphite but export the raw material to many countries without manufacturing products. This is our foolishness. We do not have Industrial Development Ministries with proper competence leave alone even Presidents and Prime Ministers. A massive change can happen only when Jaffna Tamils who are the intelligent lot of the country can hold positions such as President, Prime Minister, Top Military positions etc... Until then lets say "Ohoma Yang" and "Dan Sapada" and carry on.

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Buddhist Sunday, 10 March 2024 03:26 AM

Rajapaksas' black money getting washed!

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Tissa Fernando Sunday, 10 March 2024 06:18 PM

They will get their money washed away for ever if this is what you think is happening. They will never get their money back once invested in Africa. Africans are far more smart than Rajas who worship Ghanakka.

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Tissa Fernando Sunday, 10 March 2024 05:18 AM

If you invest in Africa , you will loose all your investment. Arab's invested a lot in these countries and lost money. These guys are now approaching us because no one else is coming to invest in their corrupt and unstable countries.

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