KBU: A lesson in long ECA tenors in Africa

In:

Infrastructure

Region:

Middle East & Africa

Max Thompson

Managing Editor at Bank Of America (BoA)

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Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala Bwila University (KBU) expansion in Angola — a structure that shows how ECA cover can push out the tenor envelope for education infra on the continent.