We are proud to have advised Enclave Power and LMI Holdings on concluding this landmark financing from the IFC. The funding is expected to support job creation, greener, more sustainable and competitive industrial development and provide water security to companies in the Tema Free zones Enclave.
Read more here: https://thebftonline.com/2022/07/29/businesses-to-benefit-from-us30m-ifc-lmi-power-and-water-projects/
We are glad to have advised Fouta Cement Corporation, Liberia’s second largest cement supplier on securing this notable financing of $16.2m from the IFC to build and operate a 50 ton per hour capacity cement grinding plant to be located in Monrovia, Liberia.
Read more here: https://www.globalcement.com/news/item/14281-financing-package-for-fouta-cement-plant-build
The Africa Export-Import Bank (Afrexim) has begun a series of training on Export Trading Companies (ETCs) to sensitive African countries about the unique role of ETCs in facilitating intra-African trade under the African Continental Free Trade Area (AfCFTA) as well as trade outside Africa.
AB & David is delighted to have advised Afrexim on the development of the model regulatory framework for ETCs across pilot countries (South Africa, Kenya, Nigeria, Tunisia, Egypt, Cote D’Ivoire, Morocco and Ghana). The model framework is designed to facilitate the emergence and expansion of ETCs across Africa.
Read more here: https://gna.org.gh/2022/08/ghana-seven-others-to-start-trade-under-afcfta/
AB & David is pleased to have advised the IFC, Proparco and EAIF on a Euros161.25m investment in CIMAF to expand CIMAF’s capacity and operations in Ghana, Mali and Senegal to boost cement production in West Africa.
Read more here: https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=26698
AB &David is proud to have been the transaction advisor to LMI Holdings on this landmark project which is expected to facilitate the transportation of containers and other cargo from Tema port to the north of Ghana and the Sahel region through a multi-modal transport system which will involving two inland ports, rail and road.
Read more here: https://citinewsroom.com/2022/07/savannah-region-bawumia-cuts-sod-for-construction-of-inland-port-at-debre/
We wish to congratulate our client, Max Mind Investments (Zimbabwe) Limited for spearheading the new US$130 million lithium mine in the Buhera district in Zimbabwe which is set to produce 300 000 tonnes of the mineral a year. Max Mind has demonstrated how mining can transform communities through inclusive community engagement and displacement plan.
Read more here: https://www.herald.co.zw/us130m-lithium-mine-sets-zim-on-growth-path/
We are happy to have advised Corpserve Nominees in the Listing of Nedbank Depository Receipts (NDRs) on the Victoria Falls Stock Exchange (VFEX) through a private placement sponsorship under Corpserve Nominees as a non-issuer sponsored facility.
Read more here https://www.african-markets.com/en/stock-markets/zse/zimbabwe-nedbank-lists-on-the-victoria-falls-stock-exchange