Afreximbank Accelerates Bahamas Infrastructure Modernization With U.S.$100-Million Facility to Bahamas Striping Group

Afreximbank Disburses US$100 M Facility to Boost Road Infrastructure Across The Bahamas

Dominic Sturrup, Executive Chairman of BSGC, expressed appreciation for Afreximbank’s support throughout the financing process.

Afreximbank Accelerates Bahamas Infrastructure Modernization With U.S.$100-Million Facility to Bahamas Striping Group

In a transformative boost to the Caribbean's transport network,African Export-Import Bank (Afreximbank) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas.

Afreximbank expands Caribbean operations with US$100 million infrastructure facility in The Bahamas

The African Export-Import Bank has disbursed a US$100 million receivables discounting facility to Bahamas Striping Group of Companies Ltd (BSGC) to finance the rehabilitation and construction of more than 200 miles of road infrastructure across The Bahamas, marking a further expansion of the bank’s cross-regional operations with Caribbean partners. BSGC is an indigenous Bahamian-owned entity founded in 2010 and has completed over 200 projects ac…

Afreximbank providing multi-million dollar facility to Bahamian company

NASSAU, Bahamas, MC -The African Export-Import Bank (Afreximbank) says it is providing a US$100 million Receivables Discounting Facility to the Bahamas Striping Group of Companies Ltd (BSGC) to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas. “We are grateful to Afreximbank for standing with us through every stage of the process, and we are proud that this tran…

Afreximbank accelerates The Bahamas infrastructure modernisation with USD100M facility to Bahamas Striping Group

BSGC is an indigenous Bahamian-owned entity founded in 2010 and has completed over 200 projects across Nassau, Exuma and Eleuthera regions, employing over 300 persons, including subcontractors NASSAU, The Bahamas – In a transformative boost to the Caribbean’s transport network, African Export-Import Bank (Afreximbank) has announced the disbursement of a USD100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (B…