Nedbank Capital has scooped two awards at the Africa Investor Infrastructure Awards ceremony. The bank was presented with awards for "Transport Deal of the Year" as well as "ICT/Telecoms Deal of the Year" for its roles in the R3.7-billion refinancing of the Bakwena Toll Road Project and the R4.4-billion Neotel expansion financing respectively.

"Bakwena has proved to be one of the most successful public private partnerships in the South African market and the performance of the management and operations of the toll concession supported the largest financing of this nature to date," said Mike Peo, head of Infrastructure, Energy & Telecommunications at Nedbank Capital.

'As a participant in the Neotel transaction, Nedbank Capital provided some of the financing to allow the telecommunications giant to expand its next-generation network, creating a footprint across South Africa,' he added.

Nedbank Capital continues to be a leading investor in infrastructure projects in the South African financial markets.

"Through infrastructure investment, the private sector operating in Africa has established itself as a critical development partner," said Hubert Danso, Vice Chairman Africa investor. "Africa investor is therefore delighted to recognise both the public and private sector partners at the forefront of projects impacting the attainment of the MDGs in Africa, whilst at the same time, delivering returns for their investors."

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