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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
Volume dips only slightly despite there being a third fewer transactions
Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
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Nigeria’s Indorama Eleme Fertiliser and Chemicals has signed a $100m loan from the African Development Bank (AfDB) to part-finance a new urea production plant as Nigeria looks to move away from its heavy reliance on imported fertiliser, which accounts for 80% of the country's requirement.
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Metals and mining firms in the CIS region have signed or are discussing deals worth around $1.6bn this week, potentially leading to the busiest first quarter for the sector since 2008, according to Dealogic data.
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Abu Dhabi National Energy Company (Taqa) has signed a $1.4bn-equivalent project financing to expand its Jorf Lasfar coal project in Morocco.
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Mobile telecommunications company Zain Saudi has extended the maturity of the outstanding Sr9bn ($2.4bn) of a murabaha financing for the sixth time, as the firm and its lenders have again failed to resolve the long running repayment saga before an agreed deadline.
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Russian aluminium producer Rusal has signed a loan of up to $400m to make an early repayment of its 2013 debt.