As we’re throwing around baseless theories, I’ll throw one in as well.
I believe they’re nailing the funding options and are struggling to choose one of the many packages available to them as they all provide good value.
See how easy it is to make crap up?
IMO the start date for finance wasn’t two years ago, it was the signing of the mandate. So if you consider the timelines for Afreximbank to work with lenders to do DD, secure commitments and then have those commitments endorsed by everyone’s Boards, it all adds up. It’s silly to think they can move from mandate to final execution in the space of a few weeks.
I believe it’s all moving in the right direction.
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