Stanbic Bank Ghana , in collaboration with The Standard Bank of South Africa Limited, has arranged a US$205m senior secured term loan and revolving credit facilities for Engineers & Planners Company Limited (E&P), Ghana’s largest indigenous mining contractor. The five-year facility is expected to support E&P’s long-term mining operations with Gold Fields Ghana Limited. The …
Stanbic Bank leads US$205m financing deal for Engineers & Planners
Stanbic Bank Ghana , in collaboration with The Standard Bank of South Africa Limited, has arranged a US$205m senior secured term loan and revolving credit facilities for Engineers & Planners Company Limited (E&P), Ghana’s largest indigenous mining contractor.
The five-year facility is expected to support E&P’s long-term mining operations with Gold Fields Ghana Limited.
The financing is aimed at strengthening local capacity within Ghana’s mining sector, which remains a key contributor to national economic growth.
Ecobank Ghana PLC and Absa Bank Ghana joined the transaction as lending partners.
According to Stanbic Bank Ghana, the latest deal builds on a long-standing relationship with E&P spanning over two decades. The bank has arranged more than USD450 million in facilities for the company to date.
The transaction underscores continued financial sector support for indigenous enterprises operating in capital-intensive industries, with a focus on promoting sustainable growth and enhancing local participation in Ghana’s mining value chain.
