QUESTION $1$

$($a$)$ Explain the main sources of debt and equity in project finance

$($b$)$ Explain the advantages and disadvantages of finance provided by World Bank and

Area development Banks to projects

$($c$)$ Explain project leasing, how it is done and its advantages in project financing $($

$7$ marks$)$

$($d$)$ Explain the VAT and standby facilities provided by commercial banks to the project

company

QUESTION $2$

$($a$)$ Describe cash flow forecasting

$($b$)$ Explain the importance of cash flow importance

$($c$)$ Describe the main sources of cash in the project

$($d$)$ Explain the main factors to consider when estimating cash flows

QUESTION $3$

$($a$)$ Explain the term "syndicate loan$$

$($b$)$ Explain the models in which a syndicate is done

$($c$)$ What are the roles of all banks involved in a syndicate loan

$($d$)$ Explain the strategies for managing risks in project finance