Awards
Winning Deal – Global Trade Review Awards 2021:Best Deals of 2021 Beitbridge Border Post secures finance for much-needed makeover www.gtreview.com/magazine/volume-19-issue-2/gtr-best-deals-2021/#Beitbridge Deal name: Beitbridge Border Post Borrower: Zimborders Amount: US$194mn (senior debt facility), US$21.9mn (mezzanine debt) Mandated lead arrangers: Absa, Nedbank, RMB, Standard Bank Lenders: Absa, Afreximbank, Emerging Africa infrastructure Fund, Nedbank, RMB, Standard Bank Insurers/ECAs: […]
Take up investment in Beitbridge
Thupeyo Muleya Beitbridge Bureau Affirmative Action Group deputy president Mr Passion Java has challenged youthful entrepreneurs in the country to fully embrace business development opportunities that come with the ongoing Beitbridge Border transformation project. The Government is upgrading the border in partnership with Zimborders Consortium at a cost of US$300 million and already more than […]
Beitbridge Border Post | Movement between Zim and SA quicker
Zimborders will now operate a one-stop terminal at the border for the next 17 years. It claims there are no more traffic hiccups as it currently processes some 500 trucks every day. Zimborders’ CEO Francois Diedrechsen spoke with eTV’s Tapfuma Makina. Courtesy of #DStv403
Beitbridge one-stop border roars to life, clearing about 750 trucks a day
Beitbridge’s new one-stop terminal is clearing around 750 trucks daily – in record time. The border is back to being the busiest in southern Africa, according to the CEO of Zimborders. The South African-registered firm will operate it for 17 years. Almost 500 trucks north and south bound are using the Beitbridge Border daily since […]
Phase 2 of Beitbridge Border upgrading gets under way
Civil works for the Beitbridge Border Post modernisation under Phase 2, which includes a bus terminal, have begun in earnest. Zimborders Consortium, in partnership with the Government of Zimbabwe, is upgrading Sadc’s busiest inland port of entry at a cost of US$300 million under a 17 and half-years build operate and transfer concession. The works […]
Awards
Deal Particulars – Border Post Modernisation Project Amount: US$129mn (senior commercial debt facility), US$64,8mn (senior DFI debt facility), US$21,9mn (mezzanine debt), US$81mn (equity) Mandated lead arrangers: Absa, Nedbank, RMB, Standard Bank, Afreximbank Lenders: ABSA, Afreximbank, Emerging Africa Infrastructure Fund, Nedbank, RMB, Standard Bank Insurers: Afreximbank, ECIC Law Firms: Bowman Gilfillan, Gill, Godlonton & Gerrans; Herbet […]
R3.2bn contract to upgrade Beitbridge Border Post
The Beitbridge Border Post will be upgraded to improve traffic movement between South Africa and Zimbabwe.
SA National Roads Agency (Sanral) spokesman Vusi Mona yesterday said the $240-million (R3.2-billion) plan was to establish a one-stop border post at the transit point which is SA’s primary gateway by road into the rest of the continent.
Zimborders Consortium secures billion rand Beitbridge expansion contract
The Zimborders Consortium has signed a concession agreement for the mega project to upgrade the Beitbridge Border Post.
The expansion project, which is valued at US$240 million (approximately R3 billion), will include a major upgrade of roads to and from the border post, as well as all supporting infrastructure. In addition non-core works to improve the town’s critical infrastructure will also be included, such as sewer ponds and storage dumps.