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Deal Date: 16-11-2018 Practice Area: Project Finance and Infrastructure
Deal Title: African Development Bank and Africa50 - Development and Finance of Congo Bridge Industry: Industrial Transportation
Description:
The African Development Bank and Africa50 signed an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals - Kinshasa and Brazzaville. The project, part of the Programme for Infrastructure Development in Africa Priority Action Plan, consisted of a 1.575-kilometer toll bridge over the Congo River. The project included a single railway track, a double-lane road, sidewalks, and a border checkpoint at each end. The bridge was estimated to cost USD550 million. Linklaters advised Africa 50 as the main developer.
Financial Center: London Value: 0.00-0.00
Advised Party: Equity Sponsor Law Firm
Project Location Democratic Republic of the Congo Equity Sponsor Morocco
Classification: Project Finance Transportation
Lawyer Andrew Jones