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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDeutsche Bank is financing the expansion of West Africa's largest market. The Kumasi Market serves the Kumasi region, with a daily footfall of half a million people, including traders from neighboring countries such as Benin and Togo.
Deutsche Bank closed last week a new loan facility to finance the second part of the Kumasi market redevelopment project in Ghana, in cooperation with the UK Export Finance Agency (UKEF) and the African Export-Import Bank (Afreximbank). The €184 million financing consists of a €145 million loan backed by UKEF and a €39 million commercial loan provided by Afreximbank. Note that the Kumasi market had more than 12,000 shops and stalls, with an attendance of about half a million people per day. However, it suffered from regular fires which resulted in the destruction of stalls and the loss of livelihoods.
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22/04/2022 - Sociétés
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20/04/2022 - Sociétés
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