Mozambique renewing contracts with megaprojects - AIM report
Breaking: IFC close to US$2.7 bln debt refinancing for Mozambique’s Nacala railway
10:23 CAT | 07 Oct 2016
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The International Finance Corporation expects to close a US$2.7 billion debt refinancing for the Nacala corridor railway in Mozambique early next year, a senior IFC official said on Friday.
“The plan is to close by the end of the first quarter 2017,” Marcel Bruhwiler, principal investment officer for infrastructure and natural resources, told Reuters on the sidelines of a gas conference in Cape Town.
- IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
Source: Reuters
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