Rostra buys Congo Management for up to USD 20 million

Rostra signed a deal to acquire 100% of Congo Management (COMAN) for up to USD 20 million, with closing immediately following signing. COMAN owns 15% of Sicohydro, the sole owner of the 240-MW Busanga hydropower plant in the Democratic Republic of Congo. USD 10 million is due at closing; another USD 10 million becomes payable within 45 days of receiving USD 1 million net distributions. The second installment lapses December 31, 2046; annual dividend-funded payments to the seller of up to USD 10 million also run through then. RH Investments is lending up to USD 20 million at 9%, maturing October 31, 2031, with an optional five-year extension. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rostra AG published the original content used to generate this news brief via pressetext (Ref. ID: 202610141745PRESSTXTEUPR__DEE35B4C2B90F800D52EEE89785F95823) on October 14, 2026, and is solely responsible for the information contained ther