Rwanda: What's At Stake As Local Banks Back Rwanda's New Airport?

Rwanda: What's At Stake As Local Banks Back Rwanda's New Airport?

A consortium of three local banks and one foreign bank announced last week that they had agreed to issue guarantees worth $322.8 million (approximately Rwf464.6 billion) for Rwanda's new international airport.

ATIDI approves $84m counter-guarantee to support financing of Rwanda’s new international airport - EnviroNews - latest environment news, climate change, renewable energy

The African Trade & Investment Development Insurance (ATIDI), an investment, trade and political risk mitigation institution, has approved a $84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling over $322 million. These guarantees have been extended to a joint venture of three contractors undertaking the construction of the New Bugesera International Airport, a transform…

ATIDI approves $84m for Rwanda’s new international airport project

ATIDI has approved a USD84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling over USD322 million. These guarantees have been extended to a joint venture of three contractors undertaking the construction of the New Bugesera International Airport, a transformative project poised to elevate Rwanda as … The post ATIDI approves $84m for Rwanda’s new international airport proj…

ATIDI Approves USD84 Million Counter-guarantee To Support Financing Of Rwanda’s New International Airport - Brand Spur

·       ATIDI has approved a USD84 million counter-guarantee to support issuance of bonds and guarantees for the construction of Rwanda’s New International Airport in Bugesera District. ·       BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent, leads a consortium of lenders enabling the transaction. ·       The Project is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an u…

ATIDI Approves $84 Million Counter-Guarantee to Support Rwanda's New International Airport - Techish Kenya

ATIDI has provided an $84 million guarantee to support financing for Rwanda's ambitious New Bugesera International Airport project

ATIDI Backs Rwanda's New Airport with US$84 Million Counter-Guarantee

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/atidi-backs-rwandas-new-airport-with-us84-million-counter-guarantee/The African Trade & Investment Development Insurance (ATIDI) has approved an $84 million counter-guarantee to facilitate $322 million in financing for Rwanda’s Bugesera International Airport. The project, co-developed by Rwanda and Qatar, is central to Rwanda’s Vision 2050 economi…