Ceramics: China’s Keda and Sunda launch offensive in Africa ($193 million)
In a booming sector, the 100% Chinese joint venture has secured financing of more than $190m to develop its factories in various African sub-regions.
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▪ Ceramics: China’s Keda and Sunda launch offensive in Africa ($193 million)
▪ In a booming sector, the 100% Chinese joint venture has secured financing of more than $190m to develop its factories in various African sub-regions.
▪ https://www.africabusinessplus.com/en/802070/ceramique-les-chinois-keda-et-sunda-lancent-leur-offensive-en-afrique-193-millions/
Based in Mauritius but owned by Chinese companies – Keda Clean Energy (49%) and Guangzhou Sunda International Trading Co (51%) – Brightstar Investment will receive a $192.7m financing package, combining debt and equity, from the International Finance Corporation.
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