Structured Asset Financing
Financing for Dakar transport, improving urban mobility
Deal Contribution
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Structured the transaction on a first loss basis, implementing an innovative financial mechanism to optimize risk allocation.
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Negotiated a 20% participation with local Senegalese banks and secured foreign investment from European funders, effectively blending local and international financing.
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Led the transaction end-to-end, overseeing all aspects from initial strategy to final execution, including on-site negotiations in Dakar, Senegal.
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Provided guidance to Senegalese banks on the nuances of the first loss structure, ensuring clarity and alignment in this novel financing approach.
IMPACT
01
Safety:
The introduction of modern buses with advanced features significantly reduces accident risks, enhancing passenger and driver safety
02
Environment:
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The transition to buses with higher emission standards contributes to cleaner air and reduced environmental pollutants
03
Economic Impact:
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The procurement of new buses stimulates local job opportunities, including roles for mechanics, drivers, and service personnel
04
Job Creation:
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The purchase of 200 buses is expected to create 400-450 jobs, comprising 200 drivers, 200 collectors, and 50 controllers & cashiers, fostering economic development and community growth.
