Funds will go towards rehabilitation and expansion of country’s power network.
Project Finance

ZAR1.2bn Sonnedix-led project receives funding from Nedbank and Standard Bank.

Africa's largest wind farm attracts €625mn from financiers after eight years in development.

US$250mn Qurayyat desalination plant expected to open in 2017.

Qatari bank signs US$86mn package with Kuwaiti developer Kharafi National.

Saudi Arabia’s ACWA Power gets backing from EBRD, IFC, Banque Saudi Fransi and others.

Nigerian arm of pan-African bank secures US$150mn from seven lenders.

State-owned company aims to raise US$689mn to fund theme park development.

Country secures US$865mn to develop rail infrastructure.

African development finance institution secures US$100mn for new infrastructure investments.

IFC leads financiers to close US$207.5mn package to back construction of seven plants.

Region's largest independent power plant attracts US$650mn from banks and new equity investors.