Ghana Bauxite Company appoints Ecobank for $250m expansion financing
Ghana Bauxite Company Limited (GBC) at Awaso has appointed Ecobank Ghana PLC as exclusive mandated arranger for financing facilities of up to US$250 million to support its expansion programme, including mining equipment, haulage systems, and infrastructure. The facilities comprise a term loan and revolving credit facility, though the full amount is not yet disbursed and depends on the outcome of the financing process.
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