Bloomberg reported that Japansese rare earth metals importer Sojitz will take part in the first desalinination project of its kind in sub-Saharan Africa, at a cost of $125 million. They are working in partnership with Spanish company Abengo.

As quoted in the market report:

The Tokyo-based company said in a statement today that construction on the project in Accra will begin next month with commercial operations expected to start in 2014 on a plant to supply as much as 60,000 cubic meters of water a day, sufficient for 500,000 residents.

To view the whole Bloomberg report, click here.