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.
09/01/2020 at 00h02, by Aurelie Benoit
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.
Recommended articles
Consumer goods & Retail
26/04/2023 at 16h25, by Christelle Marot
Sunda Group seeks $100m to expand in Africa
The Chinese company has turned to the International Finance Corporation (IFC) in support of its consumer...