Metro Africa Xpress (MAX), Africa’s leading electric mobility platform, has secured USD 8 million in debt funding from Triple Jump, marking a key milestone in scaling its clean mobility operations. Triple Jump, a Netherlands-based impact investment manager with a strong track record of financing inclusive financial institutions and clean energy businesses across emerging markets, represents one of MAX’s first international institutional lenders. Its participation underscores confidence in MAX’s operating model, asset-backed lending structure, and long-term scalability within Africa’s evolving mobility sector. The funding will support: MAX’s model is designed to lower barriers to asset ownership for commercial drivers (“Champions”), enabling […]
Read more
Verdant IMAP has advised Heath Goldfields Ltd., the Ghanaian- mining company revitalising the historic Bogoso–Prestea Gold Mine, on a USD 65 million debt financing and associated offtake arrangements. The debt financing shall be used for capex related to the company’s medium term mine plan following an initial restart in December 2024 and for general corporate purposes. Under the terms of the agreement, in addition to providing the substantial debt financing, Trafigura has committed to purchase 700,000 ounces of gold from the Bogoso–Prestea operation, representing a commercial commitment valued at approximately US$2.8 billion. The offtake arrangement secures a long-term sales channel […]
Read more
Adehyeman Savings and Loans Limited (“ASL”) the leading regulated Financial Institution in the Ghanaian Savings and Loans category in the market. The business has the legal and regulatory mandate to receive deposits and offer loans to businesses, groups and individuals. The business is headquartered in Accra with 9 branches and 35 micro-lending offices in Greater Accra, Eastern, Ashanti, and Central Regions of Ghana. The branches offer comprehensive financial services to individuals and micro and small enterprises while the micro-lending offices focus on group lending. The International Finance Corporation (IFC) Ghana Warehouse Receipt System (WRS) project in collaboration with the Ghana […]
Read more
