Browsing: Deutsche bank

ATI Angola

ATI, Deutsche Bank close $305M financing for Angola road project

Industry and Trade
  • ATI has supported a $305M loan by Deutsche Bank to Angola’s Ministry of Finance.
  • The loan will support the construction and rehabilitation of a national road project.
  • Angola is prioritizing transportation and logistics network to improve trade.

African Trade Insurance Agency (ATI) has provided $350 million assistance to Deutsche Bank with a thorough nonpayment insurance cover. The insurance will protect the bank against non-payment by the Government of Angola on the loan advanced to the Ministry of Finance. The ministry will build and repair Angolan National Road.

Angola transport and logistics system

The infrastructure project is a top priority for the government of Angola and is crucial for the country’s growth. It would strengthen the transport and logistics system in a geographically important corridor while facilitating trade. It will improve access to the port of Luanda while acting as a supplemental route to the Luanda Railway. The railway is a …

The Kumasi Market makeover after completion of phase one. Deutsche Bank has organised financing for phase two of the market. www.theexchange.africa

Deutsche Bank arranges financing for West Africa’s largest market

Investing

West Africa’s largest market, the huge Kumasi Market in Ghana has more than 12,000 shops and stalls and with the traffic it receives, upgrades are inevitable.

Up to 800,000 people visit the Kumasi Market in Ghana, which neighbours Benin and Togo, each day.

There have been numerous fires in the area because of its size and unplanned development, which has caused the destruction of many stalls and the loss of jobs.

To avoid this, the Deutsche Bank together with the UK Export Finance Agency and the African Export-Import Bank have signed a financing agreement for the second phase of the Kumasi Market reconstruction project.…