Friday 7 August 2020
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allafrica.com - 1 month ago

East Africa: Equity Takes Over Loss-Making Cable Manufacturer s U.S.$20 Million Loan

[East African] Equity Group Holdings (EGH) Ltd has taken over more than $20 million worth of loans owed by the loss making East African Cables Ltd in a major debt restructuring plan aimed at returning the manufacturer to a strong financial footing.


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