Applying Commodity Finance to Africa
Article from: OGEL 3 (2006), in Africa
Summary
p>Raising finance for resources projects in Africa is never straightforward. Nonetheless, in recent years structured commodity finance techniques have developed to a point where commodity producers or exporters have been able to mobilise substantial loans secured against future revenue streams. Cynthia Witcombe examines key features of commodity finance and explains how financing can be structured to give commodity providers greater flexibility and overall cost savings.