Mamba Cement production plant

6/10/2015
Project development

ZAR 1.725 billion

$ 131 million

Completed

6/10/2015


Overview:

  • The Mamba Cement production plant is cement plant located in Northam, Limpopo.
  • It has a capacity of more than a million tons a year. 
  • The plant is owned by the Mamba Cement Company, a special purpose vehicle established to construct and operate the cement production facility. 
  • Lenders Nedbank and the Bank of China provided $131 million in financing.
  • Equity was provided by majority shareholder Jidong Development Group, the China-Africa Development Fund and Women Investment Portfolio Holdings.

Anna Kozakova - Journalist

Jurisdiction:

South Africa

Deal type:

Project development

Practice area:

Project development

Governing law:

South Africa

Industry sector:

Construction and materials


Firm:

Party: The Mamba Cement Company (Borrower)