News
19 June 2019

Strandline secures credit approval for Fungoni project financing

In:
Metals and Mining
Region:
Middle East & Africa

Nedbank CIB has received credit approval to underwrite a $26 million five-year project finance facility for Strandline Resources' $35 million Fungoni mineral sands project in Tanzania. The deal is backed by a “comprehensive security package” over the project’s assets and...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
05 March 2026

Bhutan’s Dorjilung hydro opens a PPP market

The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and private...

Perspective
13 March 2026

Proximo Deals of the Year 2025: Live lessons

The deals that impressed - sometimes for size but more often for innovation - in 2025. With the project finance market looking to build resilience, these were the lessons...