News
03 October 2024

Minbos closes IDC loan for Cabinda project

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa

Minbos Resources has closed a $14 million loan with the International Development Corporation of South Africa. Proceeds of the loan, which carries an interest rate of SOFR + 8.01%, will go towards the construction of the Cabinda Phosphate Project, in Angola.The project, comprising the Cacata...

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