Region - Sub Saharan Africa
Turkana project nears financial close
The AfDB has approved a US$149.5mn loan for a wind power project in Kenya’s Lake Turkana region.
Barclays Africa hires trade head
Kennedy Shimekha has been appointed as head of trade for Barclays Africa.
Zambian agribusiness gets loan
FMO and DEG have provided a US$13mn loan to a Zambian food producer.
Barclays creates Africa trade role
Jason Barrass has joined Barclays as head of Africa trade.
Iron ore project secures credit
Australian mining company Venture Minerals has secured a debt facility totaling A$15mn from BNP Paribas.
Kingdom Bank loses MD
Francois Molife, managing director of Zimbabwe’s Kingdom Bank, has resigned.
Standard Bank-ICBC in green deal
Standard Bank has signed a R20bn (US$2.1bn) deal with ICBC for renewable energy projects in South Africa.
CDB funds Transnet
China Development Bank will provide finance to South Africa's Transnet through a co-operation agreement.
Aureus Mining mandates African banks
Aureus Mining has mandated Nedbank and RMB to arrange project debt facilities of up to US$108mn.
Huge Korean ship deal inked
Nigerian Liquefied Natural Gas (NLNG) has secured ship financing believed to be worth US$1.3bn.
Seven Energy signs project finance
Nigeria’s Seven Energy International has signed a US$225mn syndicated facility for the Akwa Ibom gas pipeline.
Banks must query risks in Africa
Banks financing projects and trade in Africa are being urged to get more involved in security management to avoid losses.
Factors target Africa
Factoring houses are being urged to capitalise on the African growth story.
AU company seals project finance
Australian mining vehicle Xceed Resources has obtained project finance totalling A$19.5mn from Standard Bank.
Nigeria: In the pipeline
Nigeria’s energy sector is struggling to attract investment due to problems in its upstream and downstream operations. Shannon Manders reports.
