Frank Timis invades Ivory Coast, Burkina FasoAugust 3, 2013
The African mining landscape is about to change for good. Two West African countries will soon see a complete overhaul of their socio-economic circumstances, as the Governments in Ivory Coast and Burkina Faso have both consented to give Pan African Minerals (Timis Corporation), the rights to upgrade and refurbish the rail line between the two countries. The increased rail capacity will support growth in the foodstuff and livestock industries, and support the establishment of the largest Manganese deposit in the world. Following successful operations in Sierra Leone, under African Minerals and in Liberia under African Petroleum, Pan African Minerals, the new bright star of the Timis Corporation is taking on new challenges. The people of Ivory Coast and Burkina Faso have something to smile about; their communities are about to witness a dramatic shift in momentum around them, a shift that will bring about opportunities and change, the creation of jobs and infrastructure and the creation of wealth for their nations. Frank Timis has demonstrated he is a man who gets things done, you need only look at Sierra Leone; The Tonkolili Project was developed after being rediscovered by Frank Timis after others had tried and failed to get the project to production. But Frank Timis did and in record time – 30 months from exploration to first production – one of the fastest infrastructure projects in Africa.
The Tonkolili project involved building a 25 mtpa port and mine operation, 220km of rail; an investment of $2.5bn to date and employment of approximately 15000- member workforce during the construction process, majority of them being Sierra Leonean nationals. The company’s projects have directly and indirectly created employment of over ten thousand jobs and brought stability to the region. Frank Timis has ensured that his Companies follow his philanthropic values and has continued to support communities by enhancing their standards of living through numerous community projects; schools, hospitals, health clinics, clean water projects as well as thousands of scholarships awarded to students.
The Chairman of the Timis Corporation has just returned from a tour of West Africa, where he held a joint meeting with the Presidents of the Republic of Cote d’Ivoire and Burkina Faso. Following positive and productive discussions, Timis Corporation will soon engage in projects that will facilitate the trade and movement of basic commodities between the two countries. The existing rail line has been allowed to deteriorate over the last 15 years by Bollore Group and now the Timis Corporation will undertake refurbishment of the 1400km of rail line across Burkina Faso and Cote d’Ivoire.
Unlike other investment companies who do not take their moral obligations seriously, Frank Timis has ensured that his group of companies operating across Africa, takes seriously their commitment to transform the lives of the communities they work in. There’s a hands on approach to the welfare of the people. Health centers are built, buildings for schools are erected, access roads are constructed, and trade across regions is enhanced. Timis Corporation has also been instrumental in facilitating hundreds of thousands of pounds of sponsorship of Christians and Muslim pilgrims to their holy land particularly during the holy months of Ramadan and Lent. The charity Street Child of Sierra Leone has been the beneficiary of Frank Timis’ generosity as he embarks on social projects to get children off the streets into vocational training and by creating employment opportunities for them within his organisation. Timis’ philanthropic efforts are ever present in communities that have come to appreciate the direct involvement he brings into every major national event that calls for wider participation and involvement. Nation building has become synonymous with the Timis Corporation’s effort to leave a solid legacy in all counties its group of companies has presence in. The company now operates in several countries in West Africa, including Sierra Leone, Cote d’Ivore, Senegal, Gambia, Liberia, Niger and Burkina Faso.
Collectively, the Timis Corporation has invested in excess of $4.5Bn in mining and oil exploration and development in West Africa, showing serious commitment to the region. Thousands of West Africans are employed across its operations, which makes the Group’s companies the largest employers of local skilled and unskilled labour in West Africa.
Through his track record, Frank Timis, has shown why African governments have established an open-door policy when it comes to his investment initiatives. Pan African Minerals will take the Timis Corporation to new heights and bring further success and development to the West African Region, continuing the wave of positive change for the people. Simply put; he is a man who delivers