AIS Capital Advisors and Kush Bank Receive Mandate to Finance Energy Value Chain at South Sudan Oil and Power SSOP 22
AIS Capital Advisors in partnership with Kush Bank has secured approximately $75 million for a integrated energy value chain project in South Sudan. The project is to realize their energy value chain project in 2023 through international investors from the private and institutional sectors. The project will be delivered by Ezra Group who are transforming the landscape of powering South Sudan. The integrated value chain will green up existing generation facilities, add 24 MW of power to the grid and integrate the supply chain that will be utilize crude oil from South Sudan and refine product on site at the generating facility, with an integrated logistics division to transport crude down the Nile River.
Speaking at the signing the AIS Managing Director Mr. Leonard Mathu stated “Frontier investing takes partnerships with investors who understand the unique landscape of South Sudan, who are ready to come in for the long-term to develop a nation, and truly get the type of sacrifice and grit required to move these large-scale concepts to operational realities. After 15years of moving concepts to reality, I’m thrilled our firm is partnering with an industry leader such as Ezra and Jedco to develop this innovative concept.”
The capital raising will be completed through Kush Bank’s partnership with AIS Capital Advisors and in collaboration with the banks Investment Division, based in Dubai, UAE.
Credit: African Business, Sept 13th September 2022 – https://african.business/2022/09/apo-newsfeed/kush-bank-and-ais-capital-advisors-receive-mandate-to-finance-75-million-energy-value-chain-at-south-sudan-oil-and-power-ssop-22/