Africa Finance Corporation (AFC), has facilitated a landmark US$200 million corporate finance facility for the BUA Group.
The facility, provided to BUA Industries Limited by the African Export-Import Bank (Afreximbank), marks the second successful financial advisory mandate that AFC has closed for the BUA Group (BUA).
The financing, approved by Afreximbank in two tranches, supports BUA’s medium-term objectives by unlocking capital to pursue emerging market opportunities. The first tranche of US$150 million has been disbursed, enabling BUA to accelerate growth initiatives across its portfolio, which includes sugar and cement production, flour milling, oil processing, real estate development, oil and gas, shipping and ports.
