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
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy

Perspective
24 April 2026

Panama looks at PPP, but keeps faith with receivables

Panama’s Metro Line 3 and Ruta del Este financings rely on strikingly different risk and revenue models. But together, they suggest that after a subdued spell, one of Latin...