SA’s biggest pharmaceutical manufacturer, Aspen Pharmacare, is to receive a €600m long-term debt financing package from a consortium of development financiers led by the World Bank’s International Finance Corporation to support the development of vaccine manufacturing capacity in Africa.
It is the first financing deal announced by the partnership, which was launched during French President Emanuel Macron’s visit to SA in May...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Fast tracking the deals in favor of Aspen
What does that even mean, who's boosting who on who's expense
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