The largest infrastructure project financing in Africa to date, the complex dual-jurisdiction set of agreements for the $2.7 billion Nacala rail financing has lessons for African governments in how to collaborate to attract private infrastructure investment and ECA backing.
This year’s British Exporters Association (BExA) UKEF benchmarking report - 'Exporting is not the new black' - scores the ECA an impressive 9/10. However, the report is also insistent that, to fully promote UK exports, a pan-governmental approach must be taken. TXF talks to Marcus Dolman, co-chairman of BExA, about the issues behind some of the report's highlights.
Despite a complete overhaul of management at Sonangol - most notably the removal of Isabel dos Santos as chairperson - the ongoing refinancing of the state-owned oil company faces new challenges from a recent massive increase in borrowing.