Amarinth and RentCo Africa to finance pump equipment for Africa’s capital projects

Itai ChotoAmarinth has signed a strategic partnership with RentCo Africa Ltd to cooperate on strategic projects in Africa to provide and finance centrifugal pumps and associated equipment on attractive financing terms

The strategic partnership between Amarinth and RentCo is expected to enable organisations making investments in pumping equipment to flexibly finance Amarinth’s world-renowned and proven horizontal, vertical and inline vertical centrifugal pumps and associated equipment. In particular, those organisations that have capital constraints and are seeking to avoid upfront CapEx cash outflow, or that are seeking a flexible payment plan.

Working in partnership with RentCo Africa, Amarinth will deliver confidence to the market that projects can be financed and built, overcoming some common financial barriers and building momentum, helping to bring capital projects across the continent to fruition.

The partnership builds on Amarinth’s goals of delivering better localised support across the world, in-line with local content initiatives, enabling the company to deliver its products into the many challenging projects being undertaken in the region.

Itai Choto, Amarinth sales manager for Africa, commented, “The agreement brings RentCo’s financial structuring and funding expertise into the many challenging and capital-intensive projects we are working on across Africa.”

“We are looking forward to working closely with RentCo, enabling both new and existing clients to exploit fully our centrifugal pumps and associated equipment and bring projects to successful completion,” Choto added.

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