Sunday 23, July 2017 by Matthew Amlôt

AFC provides $28 million subordinated loan facility to Tunisia's Topic SA

Africa Finance Corporation (AFC) announces it is to provide a $28 million subordinated loan facility for the development of Topic SA's (Topic) Halk El Menzel offshore oil concession block (The Helm Project) in Northern Tunisia. The Subordinated Loan Note has a 30 month tenor and will ensure the project reaches first oil production by January 2018.

Features & Analyses

SME Finance A sincere form of flattery?

  When Stevi Lowmass of The Camel Soap Factory discovered her product was being copied and sold, she took a number of steps to… read more