ECAs and African banks
The commodity driven growth in Africa has generated a demand for stronger banks with more capacity. As commodity prices are falling and currencies weakening, African...
The commodity driven growth in Africa has generated a demand for stronger banks with more capacity. As commodity prices are falling and currencies weakening, African...
The financing backing TotalEnergies’ Mozambique LNG project was taken out of the financial fridge earlier this year but funds are yet to be disbursed. With the latest military insurgence in the gas-rich region, and ECAs and banks reticent on when the deal will close, meeting conditions precedent seems ambitious in 2024.