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Awards

Winning Deal - Global Trade Review Awards 2021:Best Deals of 2021 Beitbridge border post secures finance for much-needed makeoverwww.gtreview.com/magazine/volume-19-issue-2/gtr-best-deals-2021/#BeitbridgeDeal name: Beitbridge border postBorrower: ZimbordersAmount: US$194mn (senior debt facility), US$21.9mn (mezzanine debt)Mandated lead arrangers: Absa, Nedbank, RMB, Standard BankLenders: Absa, Afreximbank, Emerging Africa infrastructure Fund, Nedbank, RMB, Standard BankInsurers/ECAs: Afreximbank, ECICLaw...

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...

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...

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,...

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...