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Angola’s €200mn water infrastructure project bags HSBC financing, ECA backing
Summary by Global Trade Review (GTR)
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Angola’s €200mn water infrastructure project bags HSBC financing, ECA backing
The Angolan government and HSBC have reached financial close on the €200mn water infrastructure ProÁgua project, which is set to modernise water supply systems and provide millions across the country with access to clean drinking water The loan agreements were signed between the Ministry of Finance of Angola, representing the sovereign borrower, and the bank, with export credit agency (ECA) cover provided by Bpifrance Assurance Export and the S…
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