Updated Presentation.11 Apr 2019 10:18
The main thing that stands out to me in that is that Barclays have been replaced by ABSA as Financial Advisor.
Interestingly from ABSA’s website:
‘Our group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa (Absa Bank), Tanzania (Barclays Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.’
https://www.absa.co.za/about-us/absa-bank/
Just think aloud about ‘local content’ in bank ownership in countries like Moz, Bots and Tanzania about how they wish a local bank in the country to do the banking for the project.
JD