A partnership between equipment dealer HMD and Scottish hauler manufacturer Rokbak has brought flexible financing options backed by Export Credit Agencies (ECAs) and Private Risk Insurers (PRIs) to West African projects.
Since June 2024, when HMD officially introduced the Rokbak brand to Nigeria, Ghana, Senegal, Benin, Guinea, and Cote d’Ivoire, the RA30 and RA40 ADTs are said to have proven a ‘strong fit’ for the region’s challenging landscapes.
Through UK Export Finance (UKEF), the Swedish Export Credit Agency (EKN), and a network of PRIs, HMD customers can now access ‘competitive’ financing packages, designed to facilitate the purchase of Rokbak ADTs for large scale construction, infrastructure, quarrying and mining projects.
Rokbak explained these flexible financing solutions reduce the financial burden of fleet expansion with affordable interest rates, extended repayment periods and structured payment plans tailored to meet the demands of West African operations. This is particularly valuable for projects requiring multiple ADTs or complete fleet solutions.
“I am very excited to offer ECA and PRI backed financing as it is a massive support to us and our customers,” said Matthew Khouri, CEO of HMD. “These financing options demonstrate our commitment to not just selling equipment, but truly partnering with our customers to ensure their success and growth.”
Paul Douglas, MD of Rokbak, added, “The availability of flexible financing opens up new opportunities for customers across West Africa to access dependable Rokbak machines. Together with HMD’s local expertise, we are empowering businesses to take on major projects with the right tools and resources to drive infrastructure and economic development across the region.”
The offer of financing backed by ECAs and PRIs is just one element of Rokbak’s long-term growth strategy in West Africa together with its dealers. The construction sector is witnessing significant expansion in that part of the world, fuelled by rapid urbanisation, infrastructure development and thriving mining activities.
“We see enormous potential for Rokbak in West Africa, where infrastructure development and mining activity are accelerating,” Paul added. “Our aim is to be more than a supplier, rather a partner committed to establishing a lasting presence in the region.”
