LONDON, 21 January 2022, (TON): £42 million UK Export Finance guarantee enables Mabey Bridge to export 87 emergency bridges to areas impacted by flooding across Ghana.

The business will manufacture the bridges in their factory in Gloucestershire and train local engineers in Ghana to install them in future

The latest deal comes as UKEF announces its support for markets in Africa has reached a 20-year high, providing over £2.3bn in 2020-21

A Gloucestershire-based manufacturer has secured a contract to provide 87 emergency bridges for use in flood-hit areas across Ghana following a £42 million guarantee from UK Export Finance (UKEF), as the UK prepares to host the 3rd Africa Investment Conference.

The UK government is seeking to boost major investment into Africa at the Conference by helping buyers and project sponsors on the continent access long-term finance from the UK’s export credit agency, UKEF.

The UK agency can help foreign countries with finance, loans and insurance to make their projects happen, if they commit to sourcing goods and services from the UK.