Pangaea Investment Management’s $200 million metal purchase

Norton Rose Fulbright South Africa has advised Pangaea Investment Management, an associate of Chinese copper giant Jiangxi Copper, on a large and highly complex US$200 million platinum metal purchase transaction with the Lonmin group, the third largest global platinum producer. The funds were released to the Lonmin group from escrow in October 2018. The transaction […]

JUMO’s $52 Million Funding Round

White & Case LLP has advised Goldman Sachs as leader in the round JUMO, the largest and fastest growing technology platform for operating inclusive mobile financial services marketplaces, today announced the close of an equity funding round of USD$52 million led by Goldman Sachs, with participation from other leading investors including Proparco, the private sector […]

$1 Billion Financing for Nigerian Fertilizer Production Facility

White & Case LLP has advised the International Finance Corporation (IFC) and a syndicate of around 20 development financial institutions and commercial lenders on the financing of the US$1 billion expansion of a world-scale urea fertilizer production facility near Port Harcourt, Nigeria. IFC will directly lend US$100 million and mobilize an additional US$850 million of […]

Mainstream Renewable Power’s Financing of two wind projects in the Northern Cape and Western Cape provinces in South Africa

White & Case LLP has advised Absa Bank Limited (acting through its Corporate and Investment Banking Division), as exclusive mandated lead arranger, sole underwriter and sole hedge provider, on the R6.6 billion financing for Mainstream Renewable Power’s two wind projects in the Northern Cape and Western Cape provinces in South Africa. The projects, Kangnas and […]

Société d’Aménagement Zenata (SAZ)’s Agreement with the Saudi German Hospital Group

DLA Piper has advised La Société d’Aménagement Zenata (SAZ), the entity in charge of the overall development of the Zenata Eco-City in Morocco, on the signature of a cooperation agreement with the Saudi German Hospital Group to develop a healthcare centre. Zenata is the biggest Eco-City project in Morocco and the first to have obtained […]

Cellulant Corporation’s series C equity capital raising

DLA Piper Africa has advised leading pan-African fintech service provider, Cellulant Corporation, on its series C equity capital raising from The Rise Fund (TPG’s global impact investment fund), Endeavour Catalyst and Satya Capital. The company’s existing investors include Velocity Capital Private Equity, Progression Capital Africa and TBL Mirror Fund. The transaction is subject to various […]

GuarantCo Ltd.’s $74 million re-guarantee facility to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa

Eversheds Sutherland has advised GuarantCo Ltd. on the provision of a re-guarantee facility, worth up to $74 million, to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa. The facility, provided to the African Guarantee Fund for Small and Medium Sized Enterprises and the African […]

Figeac Aéro’s €38 Million Financing of expansion in Morocco and Tunisia

Clifford Chance et Meziou Knani & Khlif ont conseillé dans le cadre de l’opération Banque Européenne pour la Reconstruction et le Développement (BERD) a finalisé son financement de 38 millions d’Euros à la société Figeac Aéro, constructeur aéronautique français en forte croissance, pour l’extension de ses installations de production au Maroc et en Tunisie. Figeac […]