Africa Monitor Intelligence
Mozambique: Open road to resumption of Total project With Judicial Victory in London
Total's financing package was closed in JUL.2020, reaching a total financing of USD 14.9 billion, the largest ever in Africa, being guaranteed by eight export credit agencies, 19 commercial banking facilities and a loan from the Bank African Development Bank (ADB).
The funding agencies are the Export Import Bank of the United-States (US-Exim), Japan Bank for International Corporation (JBIC), Nippon Export and Investment Insurance (NEXI), UK Export Finance (UKEF), Servizi Assicurativi del Commercio Estero of Italy (SACE), Export Credit Insurance Corporation of South Africa (ECIC), Atradius Dutch State Business (Atradius) and the Export-Import Bank of Thailand (EXIM). READ MORE