Afreximbank
  • Multimedia content

  • Images (1)
    • Marc Tabhcy, Founder and Chairman of APD Cameroon (left), exchanges documents with Helen Brume, Director of Project and Asset-Based Finance at Afreximbank, following the signing of an indicative term sheet for the EUR 210 million financing of a new port terminal in Douala, Cameroon
  • All (1)
Source: Afreximbank |

Afreximbank signs term sheet to finance new terminal at Cameroon’s Douala Port

The new terminal will be an extension of the existing Port of Douala and will consist of two berths to be numbered 53 and 54

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and…