Brief: Anglo African Agriculture Company enters into Memorandum Of Understanding for financing port in Kenya

Everest Global

30/08/2018 07:05

Aug 30 (Reuters) - Anglo African Agriculture PLC  AAAP.L :
    * COMPANY ENTERS INTO MEMORANDUM OF UNDERSTANDING FOR
FINANCING
STRATEGIC KENYAN LOGISTICS PORT.
    * IT IS PROPOSED THAT AAA WILL PROVIDE A 24 MONTH LOAN TO
HELP
FUND GROWTH OF PRIVATELY OWNED PORT AND MARINE LOGISTICS GROUP,
COMARCO GROUP ("COMARCO"), BASED IN MOMBASA, KENYA
    * THIS IS INTENDED TO BE FIRST STEP OF AN EXCITING
DIVERSIFICATION
FOR AAA, WHICH DIRECTORS BELIEVE WILL ALLOW COMPANY TO
SIGNIFICANTLY GROW ITS BUSINESS.

Source text for Eikon:  ID:nPRrTBFE5a 
Further company coverage:  AAAP.L 

 (Reporting by Emma Rumney)
 ((Emma.Rumney@thomsonreuters.com;))