India’s MoD has added a new provision to its procurement procedure, allowing the Request for Proposal (RfP) to be issued to Indian companies. The companies must have the financial and technical ability to absorb technology and undertake indigenous manufacture.
The Blenheim group of companies, which established its reputation through offset-structured financial solutions in the Middle East, has expanded further with the creation of two new wholly-owned subsidiaries.....
If South Africa cancels the A400M contract, the country risks losing the 2.9bn rand it has already invested in the project and a further 8bn rand ($1bn) pledged in industrial participation packages.
More than one global bank has withdrawn from the commodity finance market in Sub-Saharan Africa in the last few months, preferring to refocus their efforts on domestic markets. Nedbank Capital is looking to fill the void......
The centre will provide assistance to the defence industry regarding government-to-government contracts, offset programmes and industrial cooperation plans in weapon sales overseas.