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Dhamana’s first deal signals new chapter for local-currency infrastructure finance in East Africa
Sponsored by Dhamana
The Sh2.5 billion multi-party financing deal has brought together Ofgen (the project developer), Safaricom (the off-taker), Middle East Bank (the initial lender), Absa (the takeout financier) and Dhamana (the guarantor), enabling the entire structure to be conducted in local currency.
