Live Breaking News & Updates on Dogger Bank Offshore Wind|Page 5
Stay updated with breaking news from Dogger bank offshore wind. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Deal name: Beitbridge border post Borrower: Zimborders Mandated lead arrangers: Absa, Nedbank, RMB, Standard Bank Lenders: Absa, Afreximbank, Emerging Africa infrastructure Fund, Nedbank, RMB, Standard Bank Insurers/ECAs: Afreximbank, ECIC Tenor: 11 years (senior debt), 12 years (mezzanine debt) Date signed: November 2020
Beitbridge border post, a crossing that connects Zimbabwe and South Africa, is known for its ageing infrastructure that acts as a chokepoint for the movement of goods and people. Delays at the post are common; truckers carrying goods can wait as long as five days to cross the border, states RMB in its deal submission. Upgrading the crossing is paramount to ensuring a more efficient trading system in Southern Africa because the border post is “not only the gateway to Zimbabwe but also to Zambia, Malawi and the DRC [Democratic Republic of the Congo]”, says the bank. ....
Author Bio Industrial sector focus. I write about electrical equipment, transportation, and multi-industry industrial stocks. Engineer, investment manager and property developer. I m a firm believer that there is something noble about the industrial sector. Blue collar workers physically making a better world. Follow me on Twitter to receive quick and thorough analysis of your favorite stocks. Follow @LeeSamaha General Electric (NYSE:GE) recently announced plans for a factory for offshore wind turbine blades in the U.K. The plant is intended to support the growth of the offshore wind market in the U.K. and in particular the Dogger Bank Offshore Wind Farm. ....