HAVELET FINANCE LIMITED

  Project Finance in African Healthcare Sector: A New Investment Opportunity? History has it that healthcare sector within African continent is highly deteriorating and unfavorable amongst the rest of the world. African nations remains the countries with the highest rates of maternal death,  death under 5 years old,  deaths from trauma & injury and deaths from infectious disease are nearly all in Africa. Following an implementation of large projects or to fund and expanding an idea within the terrain of infrastructures, healthcare, modernization of engineering and industrial projects, and other infrastructural projects,  Project Finance  is the most commonly an applied solution. Putting in consideration the capital-intensive nature of healthcare projects in Africa, most startups find it nearly impossible to fund projects entirely on their own. The above mentioned connotes an application of  Project Finance . In most countries of Africa, providing long-t...

  African continents, despite being a country with the second largest deposit of bitumen in the world, according to Foraminifera, a marketing and research firm, they spends an approximate of US$500 MILLION yearly on importation of asphalt, a derivative of bitumen. The occurrence of bitumen deposits in Africa, precisely Nigeria is twice the amount of existing reserves of crude petroleum. When fully developed, the industry will no doubt meet local requirements for road construction and also become a foreign exchange earner for the country. Minister of Mines and Steel Development, Dr. Kayode Fayemi, had lamented that about 80 per cent of asphaltic materials used for road construction within African continents are still being imported despite the vast bitumen deposit, assuring that the government would focus on ensuring that serious investors with proven work and financial plans are given licences. “Priority will be given to investors with the capacity to build processing plants to boo...