Ghana-based Origen Private Debt Fund is participating in the $137 million financing of Project Shiprite, with a GHS 23 million (about $2 million) local-currency debt commitment.
Developed by Prime Meridian Docks under a 25-year concession with the Ghana Ports and Harbours Authority, Project Shiprite will deliver a floating dry dock and ship repair facility at the Port of Takoradi in Ghana.
“Origen’s investment contributes to the project’s late-stage financing, helping advance a critical piece of maritime infrastructure that will strengthen Ghana’s shipping industry, reduce vessel downtime, and position the country as a leading maritime service hub in the Gulf of Guinea. We are proud to join a distinguished consortium of financing partners in supporting infrastructure that delivers long-term economic value for Ghana and the region,” the firm said in a statement.
SOURCE
AFRICA BUSINESS COMMUNITIES/AFRICA EQUITY NEWS