Welcome to the October edition of Focus. We’re pleased to say that it’s been one of the busiest periods for the firm with the financial completion of a number of transactions including the Lekki-Epe Expressway toll road project in Lagos, Nigeria and the Rabai IPP Project in Kenya (detailed in this edition of Focus). We also closed the Ripple Fish International project involving the development of aquaculture infrastructure in South Africa, Mozambique, Mauritius and Madagascar.
The financial completion of these transactions represents a major achievement for Trinity particularly given the difficulties faced by these projects (such as the political upheaval in Kenya at the start of the year and the worsening of the credit crunch).
The successes in relation to Rabai, Lekki, Ripple and a number of other corporate and finance transactions in the last two months has underlined our intention to establish the firm as African and emerging market specialists. This has been recognised by Trinity’s inclusion in the new Chambers & Partners Global Guide.
We hope to build further on this reputation in the next few months with several significant transactions such as the US$180 million project financing of the expansion of a geothermal generating plant in Kenya, an equity raising for a West African gas monetization project, the development of rail infrastructure in Lagos and the development of a desalination plant in Ghana.