Transport & Logistics
FMO reaffirms faith in SA Taxi with $15m anti-Covid loan

FMO reaffirms faith in SA Taxi with $15m anti-Covid loan

The Dutch funder has now supported the private taxi lender to the tune of $40m.

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            ▪ FMO reaffirms faith in SA Taxi with $15m anti-Covid loan

▪ The Dutch funder has now supported the private taxi lender to the tune of $40m.

http://www.jeuneafriquebusinessplus.com/en/805664/fmo-reaffirms-faith-in-sa-taxi-with-15m-anti-covid-loan/

07/10/2020 at 17h39, by Jeune Afrique Business+

The financing consists of $15m in mezzanine debt, granted at the end of September by the Dutch Development Finance Company (FMO) to SA Taxi Development Finance, a wholly owned subsidiary of SA Taxi.

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