Ver Angola

Construction

Angola makes loan of 13.8 million dollars with Mitreli partner for public infrastructure

The President of the Republic approved a loan worth 13.8 million dollars with Luminar Finance Limited, a company linked to the Israeli Mitreli group, to finance hospital infrastructures in three provinces.

: Hospital Geral do Bengo (Via Mitrelli)
Hospital Geral do Bengo (Via Mitrelli)  

The measure aims to ensure the financial resources necessary to carry out the design and construction work of connecting water, sewage and energy infrastructures for the general hospitals of Bengo, Cuanza Norte and Cuanza Sul, states the order dated 17 May, published in Diário da República and consulted this Monday by Lusa, signed by João Lourenço.

The President authorizes the Minister of Finance to conclude the framework financing agreement with Luminar Finance Limited in the name and on behalf of the Republic of Angola.

Liminar Finance Limited, a company based in Zurich, Switzerland, linked to the Israeli Mitreli group, is involved in financing several housing, water and electrification projects in Angola.

This company, which presents itself as a "world-leading provider of financing solutions for emerging market countries", particularly in sub-Saharan Africa, is part of Haim Taib's Menomadin group and only finances projects in countries that have contracts with Mitreli.

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