Perspective
05 July 2019
Ghana rail: The inside track on ECA innovation amid private market stagnation
In:
Infrastructure, Transport
Ghana’s Ministry of Finance signed an innovative EKN/ECIC-covered facility for a stretch of rail on 14 June. The loan has provided a viable template for African buyers struggling to drum up the 15% down payment financing traditionally required for ECA-backed deals given the private insurance market's stifled response to residual risk on the continent due to the Covid-19 crisis.
