.
MergerLinks Header Logo

New Deal


Announced

Afreximbank led a $110m funding round in ZETDC.

Financials

Edit Data
Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Conventional Electricity

Friendly

Zimbabwe

Minority

Pending

electricity

Private

Cross Border

Synopsis

Edit

African Export-Import Bank, a pan-African multilateral trade finance institution, led a $110m funding round in Zimbabwe Electricity Transmission & Distribution Company, a energy generating company. The funds will help ZETDC to improve revenue collection through smart meters and prepaid meters and thus pay off regional creditors’ accounts.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US