Smile Telecoms is looking to restructure its DFI/ECA-backed debt package from 2015. But the pan-Afircan telecoms group, which is no stranger to ECA debt, was struggling to service its payment obligations long before the pandemic hit.
Exclusive subscriber content…
If you are a TXF subscriber, please login to continue reading
TXF's industry leading Global Export Finance Survey provides the benchmark for sentiment in the industry in 2023. It's already showing some interesting early trends. There is still time for you to make your thoughts heard.
Recent copper and cobalt mine development financings in the DRC by EKN and SEK from Sweden and African development bank TDB are likely to act as encouragement to other financial institutions looking to become more active in the country.
EKN’s Green Export Credit Guarantee to support exports that contribute to climate change mitigation is something new. Will Sweden’s ECA’s new product be a template, and where will it sit amid the constantly shifting hurdles of regulations and initiatives to support financing climate change mitigation and ESG?