Emirati-based Oil & Gas company, Brahms Oil Refineries Ltd, has appointed Africa Finance as Financial Adviser for the development of the Petroleum Refining and Storage Infrastructure Project to be built in Kamsar, Guinea-Conakry.
The project is developed by Société de Raffinage Guinéenne S.A, a unit of Brahms Oil Refineries. The facility comprises of petroleum storage and transportation infrastructure, as part of a 12,000 barrels oil per day (bopd) modular refining facility.
Financial close of the project is expected to be done by the fourth quarter of 2019.
With support from the Overseas Private Investment Corporation (OPIC) and CDC, the development finance institutions of the USA and UK respectively, the Tè Power project has reached financia...
Read moreInfraCo Africa has agreed to acquire the stake. InfraCo's investment will be allocated to early-stage development costs
InfraCo Africa has acquired a 45% equity stake in the project. The investment will be allocated to early-stage development costs