Airport of Mauritius set to obtain $111m for Rodrigues Island airport
The operator wants to extend the runway with support from the French Development Agency and the European Union. Jeune Afrique Business+ explains.
Someone shares this article with you
▪ Airport of Mauritius set to obtain $111m for Rodrigues Island airport
▪ The operator wants to extend the runway with support from the French Development Agency and the European Union. Jeune Afrique Business+ explains.
▪ https://www.africabusinessplus.com/en/802301/airport-of-mauritius-sur-le-point-dobtenir-100-millions-e-pour-laeroport-sur-lile-rodrigues/
“The two agreements will be signed by the end of February at the latest,” says a source from the French Development Agency (AFD) in Port Louis. According to this source, after several months of discussions with Airport of Mauritius Co. Limited (AML), the French institution has approved funding of €85m ($95m) and is preparing to initial the agreements. The non-sovereign loan was confirmed by the agency’s board of directors on 11 July, but a financier had yet to be found for the balance. This has now been done with the European Union which is providing a grant of €15.6m ($17.4m), bringing the total financial support to more than €100m ($111m) for the new infrastructure.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
02/02/2021 at 15h23, by Africa Business+
Mauritius: MCB’s Alain Law Min lands $50 million from Proparco
AFD Group’s subsidiary renews its confidence in the Mauritian establishment with a $50 million loan.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.