Autonomous Port of Douala: Cyrus Ngo’o raises €152 million for new projects
The loan agreement negotiated with nine local banks also aims to refinance the bank debt of the Douala Port Authority (DPA).
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▪ Autonomous Port of Douala: Cyrus Ngo’o raises €152 million for new projects
▪ The loan agreement negotiated with nine local banks also aims to refinance the bank debt of the Douala Port Authority (DPA).
▪ https://www.africabusinessplus.com/en/813912/autonomous-port-of-douala-cyrus-ngoo-raises-e152-million-for-new-projects/
On 11 November, the Autonomous Port of Douala (PAD), led by Cyrus Ngo’o, signed a loan agreement for CFAF 100 billion (€152 million), with a maturity of 12 years, with nine local banks (Bicec, CBC, Ecobank, SCB, Société Générale, CCA-Bank, Access, Afriland and Bange).
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