Lobito rail project receives €175m Afreximbank loan

In:

Transport

Region:

Middle East & Africa

Afreximbank has provided a €175 million (almost $190 million) dual tranche term loan facility to African engineering and construction firm Mota-Engil Africa.The facility will support Mota-Engil Africa’s investment obligations for the Lobito Railway Project, which aims to rehabilitate,...

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