News
14 August 2019

EDC regrets 2015 loan to Westdawn Investments

In:
Transport
Region:
Middle East & Africa

Carl Burlock, Export Development Canada’s (EDC) executive vice-president and chief business officer has released a statement saying the Canadian ECA regrets providing a $41 million loan in April 2015, Westdawn Investments, a South African company owned by members of the Gupta family. EDC...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 June 2026

ECA market mourns untimely loss of industry giant Vineyesh...

The global export credit agency and project finance community is mourning the untimely passing of Vineyesh “Vinny” Sawhney, Senior Vice President of Reliance Industries, who...

Perspective
04 June 2026

A boom in sustainable export finance - on a smaller base

TXF Intelligence’s sixth Sustainability in Export Finance Data Report shows sustainable export finance reached its highest recorded volume in 2025. But those figures came from...