News
19 June 2019

Strandline secures credit approval for Fungoni project financing

In:
Metals and Mining
Region:
Middle East & Africa

Nedbank CIB has received credit approval to underwrite a $26 million five-year project finance facility for Strandline Resources' $35 million Fungoni mineral sands project in Tanzania. The deal is backed by a “comprehensive security package” over the project’s assets and...

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


Expert opinion
17 April 2026

What to watch out for in defence financings

Defence has emerged as a priority sector in the export and development finance communities, though the legal and compliance considerations should not be ignored. By Mark...

Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...