XM-DAC-903-SII-32522
International Finance Corporation
Portucel Moz
The project is the first phase of an integrated US$2.3 billion plantation forestry, agriculture, pulp and green energy investment in Zambezia and Manica provinces of Mozambique which is being implemented by Portucel Mocambique Ltda (Company). The first phase aims to test the Companys forestry model by developing up to 40,000 ha of sustainably managed eucalyptus plantations and establishing its operational base in the country in 2014-2016 (Project). IFC is working closely with the Company to provide advisory support at this critical early stage of the Project. The second commercial phase of the Project will comprise the establishment of commercial scale eucalyptus plantations, roll out of agriculture partnerships and construction of a 1.5 million ton pulp mill and a biomass power generation plant by 2023. The government has awarded the Company the land use rights to 356,000 hectares of land, roughly two-thirds of which will be used for forestry activities. Among the development priorities of the Project is improving conditions for agriculture on the remaining land and creating well-functioning agribusiness supply chains to link smallholders with markets. As such, the Project is positioned to become the first integrated eucalyptus plantations, agriculture, pulp and energy project in Mozambique. The objective of the proposed IFC investment is to support the development of this transformational opportunity to help create an inclusive agro-forestry project in Mozambique.
Portucel''s investment in the under-developed rural regions of Mozambique lays the foundation for a far greater and expansive development of the regions and of industry over the next 12 years. While mega-projects in the mining and energy production sectors in Mozambique may be limited in their ability to impact employment creation and productivity spillovers, the Project will create rural jobs and have a significant multiplier effect, thus broadening the economic base of the country. - Employment: generating at least 2,000 direct and indirect rural jobs during the first phase and up to 6,500 additional jobs once the second phase has been fully implemented; - Smallholder Farmers'' Benefits: reaching over 150,000 rural poor, and with complementary public investment by IFC and the World Bank in agriculture and agribusiness development, improving livelihoods for 23,000 farmer households; - MSME Development Catalyst: promoting development of an estimated 100 MSMEs as suppliers of goods and services to the company, including through training and outgrower component imbedded in the Company''s business model; - Infrastructure Development: developing several types of infrastructure, including secondary and forest roads, and - during the second phase - a port, that will encourage economic integration; - Training and Demonstration: encouraging knowledge transfer by providing trainings to local employees, supporting forestry programs in Universities and integrating agriculture extension services to local farmers in the Company''s business model; - Increasing Country''s Competitiveness through Economic Diversification: Despite the Government''s targets, Mozambique''s forest products sector potential remains unrealized. Successful implementation will encourage additional investment and stimulate forest products sector development, and provide the much-needed diversification to the local economy and additional source of forex earnings to the budget.
PORTUCEL MOCAMBIQUE LDA
Pedro Moura, CEO Dar-es-Salaam Street, 347-Maputo Mozambique Tel: +258-21483645/6/7 Fax: +258-21489595 Email: mailto:pedro.moura@portucelsoporcel.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Portucel Moçambique LTDA Rua de Sussundenga, Ed. Castelo Branco, Chimoio, Manica, Moçambique Portucel Moçambique LTDA A/C: Herminio Jorge Cardoso Amaral Bairro do Cimento (junto à Escola Primária Montes Namúli) Gurué, Zambézia, Moçambique Ministério da Agricultura Praça dos Herois, CP 1406 Maputo, Moçambique Ministério para a Coordenação da Acção Ambiental Rua Kassuende, 167 Maputo, Moçambique
Mozambique
The Project will be rolled out in two provinces of Mozambique, Zambezia (Ile and Namarrói districts) and Manica (Manica, Mossurize, Sussundenga, Báruè and Gondola districts). The locations were selected on the basis of soil and climate conditions, to ensure adequate levels of productivity, and potential to provide adequate logistic solutions for access to pulp mill and ports, and followed an open and transparent concession process. The Company is headquartered in Maputo.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
A-DB - Plantation Forests
Total: $32.00 million
32000000.00
32000000.00
PORTUCEL MOCAMBIQUE LDA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/32522/portucel-moz
XM-DAC-903-SII-32703
International Finance Corporation
Midal Cables Moz
The project consists of the establishment of a greenfield aluminum rod and conductor manufacturing plant to be located in Boane district of Mozambique.
1. Job creation: The Project will create 220 direct permanent jobs for Mozambican nationals and more indirect jobs in the local supply chain. 2. Local value addition to a local product: The project will be the first local downstream manufacturing to add value to a part of Mozambique''s aluminum production at Mozal, which will facilitate development of further local downstream manufacturing using output from the project, and also increase export revenues for the country. 3. Knowledge transfer: The project will allow the transfer to Mozambique of technical and management know-how of aluminum rod and conductor manufacturing and expand the knowledge base of manufacturing in general.
MIDAL CABLES INTERNATIONAL LIMITADA
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The project will be located in Baluluane Industrial Park adjacent to Mozal aluminum smelter in Boane district of Mozambique.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
M-BA - Electrical Machinery, Equipment and Components (Electric Lighting, Motors, Batteries, Insulated Wires and Cables, Fiber Optic Cable, Carbon and Graphite Products, etc.)
Total: $40.00 million
35000000.00
5000000.00
35000000.00
MIDAL CABLES INTERNATIONAL LIMITADA
5000000.00
MIDAL CABLES INTERNATIONAL LIMITADA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/32703/midal-cables-moz
XM-DAC-903-SII-33020
International Finance Corporation
Central Termica de Ressano Garcia
The project involves the design, construction, ownership, operation and maintenance of a new 175MW (gross) gas-fired power plant.
i) The Project will contribute to increased diversity in the hydro-power dominated electricity sector (>90pc of installed capacity). Adding thermal power will improve energy security, particularly during the dry season and in years of low rainfalls. Further, the Project will reduce dependency from power imports; ii) The Project will provide an opportunity to monetize the country''s own gas resources; iii) The Project will help EDM to balance short to medium term supply/demand gaps and support improvements of the country''s comparably low electrification rate; iv) The Project will translate into more fiscal revenue for GOM directly through additional tax revenues and indirectly through increased economic activity. GoM will also benefit from the Project Company''s dividend payments to EDM. Given that its mostly financed by the private sector, the Project will not put strain on the public finances; v) As the country''s first IPP with a long term PPA, the Project will have an important demonstration effect. It will help establish a model for future IPPs and more PPPs in other infrastructure sectors.
CENTRAL TERMICA DE RESSANO GARCIA SA
Lebohang Mosetu Specialist: Commercial Contracts Sasol New Energy Holdings (Pty) Ltd Mall Offices 11 Cradock Avenue Rosebank 2196 Telephone: +27(0) 11 344 2841 Fax: +27(0) 11 522 4287 Mobile: +27(0) 84 511 1799 Email: mailto:lebohang.mosetu@sasol.com Website: http://www.sasol.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Sasol New Energy Holdings (Pty) Ltd Mall Offices 11 Cradock Avenue Rosebank 2196
Mozambique
The power plant is located in the border town of Ressano Garcia in Moamba District, Maputo Province, Mozambique. The project site covers a footprint of approximately six hectares of greenfield site. The surrounding land use includes a mixture of agricultural/forestry land and low density residential areas. Access to the site is via a 200m gravel road which connects it to the N4 highway, the main road leading to South Africa.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
V-AB - Gas - Thermal Power Generation
Total: $59.95 million
2000000.00
57950000.00
2000000.00
CENTRAL TERMICA DE RESSANO GARCIA SA
57950000.00
CENTRAL TERMICA DE RESSANO GARCIA SA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/33020/central-termica-de-ressano-garcia
XM-DAC-903-SII-33850
International Finance Corporation
Millenium BIM
The proposed project will assist in increasing access to financial services to small and medium-sized enterprises, including very small enterprises and women-owned businesses (SMEs) in the Republic of Mozambique (Mozambique), an IDA country. This will be achieved through an investment package entailing a senior loan aimed at supporting the expansion of BIM - Banco Internacional de Moçambique, S.A.s (Millennium BIM or the Bank) SME banking operations. Millennium BIM is a universal bank which provides financial services to micro, SME, corporate, individuals, and low income retail clients in Mozambique.
The project is expected to make a contribution to the economic development of, and financial sector in Mozambique. The expected development impact is summarized below: 1) Increased Access to Finance: The project will increase access to finance for SMEs and other under-served segments; 2) Assist in Inclusive Economic Development: By supporting the Government of Mozambique''s development strategy to reduce poverty through more inclusive and broad-based economic growth; 3) Job creation: The project will positively impact job creation as it will provide financing to SMEs, which play a key role in economic development and employment in Mozambique, and 4) Deepening the Financial Sector: By supporting a systemic bank in Mozambique to increase access to finance and banking services to under-served segments.
BANCO INTERNACIONAL DE MOCAMBIQUE, S.A.
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The project will focus on providing access to finance to SMEs throughout Mozambique. The Bank is headquartered in Maputo and operates throughout Mozambique with over 157 branches and more than 415 ATMs nationwide.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
O-AA - Commercial Banking - General
Total: $30.00 million
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/33850/millenium-bim
XM-DAC-903-SII-34708
International Finance Corporation
MMI Mozambique
The Tanzania based Motisun Group is setting up a steel roofing sheet manufacturing project in the Special Economic Zone of Nacala-Porto District, Mozambique. The project consists of installation, erection and commissioning of pickling line, cold rolling mill, metal coating line, profiling/forming line, color coating line and a welded tube pipe mill. The project will locally manufacture roofing sheets and serve the domestic demand for roofing sheets in Mozambique. The Project is at an advanced stage of construction with commercial production expected by end-2014. The project will establish the first integrated metal coating plant in Mozambique and help substitute imports of roofing sheets into Mozambique.
- The Project will reduce reliance on import and improve access to a critical product like roofing sheet for low and middle income households in Mozambique by supporting the establishment of the first coated steel plant in Mozambique. The project is expected to supply competitively priced roofing and construction material primarily for low/ middle income households. - The Project will create about 250 direct jobs as it is expected to employ labor for Roll forming, which is a labor intensive process. - Develop local supply linkages by developing a dealer network for the coated steel products. - The Project will strengthen the local steel sector by improving the skills of local labor in operating a modern production technolgy and by improving the project management skills of local staff. - This project will promote greater regional integration and strengthen regional trade linkage as it facilitates the entry of a regional player into a new market in the eastern and southern African region.
M.M INTEGRATED STEEL MILLS (MOZAMBIQUE), LIMITADA
Ravi Tripathi Chief Financial Officer, Motisun Group Neelkanth Tower, Sewa Street, Off Zanaki Street, City Centre, Dar e salaam, Tanzania Tel: +255 22 2139158
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Srikanth PV, Director M.M.Integrated Steel Mills Moz. Lda Nacala Porto, Maiaia, Muanona, Zona Industrial II, Mozambique Tele Fax +258 26212539
Mozambique
The Motisun Group is headquartered in Dar-es-Salaam, Tanzania. The project company named MM Integrated Steel Mills (Mozambique) Limitada is registered in the district of Nacala-Porto. The plant is located in the Nacala Special Economic Zone. The registered office and plant address of MM Integrated Steel Mills (Mozambique) Limitada is: Zona Industrial II, Bairro Muanona, Nacala Porto, Moçambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
I-AF - Other Steel Products (Including Wire, Metal Sheets etc.)
Total: $13.50 million
13500000.00
13500000.00
M.M INTEGRATED STEEL MILLS (MOZAMBIQUE), LIMITADA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/34708/mmi-mozambique
XM-DAC-903-SII-36787
International Finance Corporation
Mocuba Solar
The Project consists of the development, financing, construction, operation and maintenance of a 40.5 MW solar PV in Mocuba, Centre-Northern Mozambique. The electricity generated from the Project will injected into the Mozambican Northern grid. The Project has a 25-year Power Purchase Agreement with Electricidade de Mocambique (EDM).
- The Project will expand Mozambique''s renewable energy generation while contributing to increased energy security in a rural region of the country as well as diversifying the energy mix. - This would be the first utility-scale solar PV project that could meet up to 5% of peak demand. - Continued support of Mozambique''s power sector: IFC''s investment in this Project builds on prior investments in Mozambique''s electricity generation sector, including investments in gas-fired plants. - The Project will help mitigate some of the impact of recent floods by building more climate resilient power generation infrastructure
CENTRAL SOLAR DE MOCUBA, S.A
Mr. Roberto Berardo Business Development - Scatec Solar Email: mailto:Roberto.berardo@scatecsolar.com Mobile: +27 82 310 6233 Landline: +27 87 702 5869
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Electricidade de Moçambique E.P., Av. Zedaquias Manganhela n.267, Predio JAT IV- 4 Andar, Maputo Moçambique
Mozambique
The Project is located on a site of approximately 120 hectares in Mocuba, about 175km from the commercial port of Quelimane in Northern-central Mozambique.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
V-BF - Solar - Renewable Energy Generation
Total: $23.00 million
2000000.00
21000000.00
2000000.00
CENTRAL SOLAR DE MOCUBA, S.A
21000000.00
CENTRAL SOLAR DE MOCUBA, S.A
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/36787/mocuba-solar
XM-DAC-903-SII-42280
International Finance Corporation
Westfalia Moz II
Westfalia Fruto Mozambique (WFM) is a commercial scale-avocado farm that was established in 2014 with the development of a 250-ha avocado orchard and packing house near the vicinity of Chimoio, a city in central Mozambique. It has operated successfully since its inception and as provided access to export markets for litchi farmers in the Manica province. WFM is considering acquisition of land and development of an avocado and litchi farm in the Catandica area of Manica Province in Mozambique. The Project will involve acquisition of 958 ha Pegache Farm for the development of 100 ha of avocado orchards. The Project will also support local small farmers and emerging commercial growers through provision of training and technical assistance. The Project will be supported by the IDA18 IFC-MIGA Private Sector Window (IDA PSW), created by the World Bank Group to catalyse private sector investment in IDA countries, with a focus on fragile and conflict affected states.
Project Outcomes: IFC expects the Project will i) create ~300 direct jobs during the first phase, (ii) further expand procurement from 50+ local farmers, who have formed an association and are eager to expand, and (iii) benefit local farmers from better output and more varieties given Westfalia's expertise in cultivar and seed development.
Market Creation: i) Competitiveness: IFC expects the Project will increase competitiveness in the horticulture sector in the Catandica area of Mozambique, through demonstration and replication effects, ii) Integration: IFC expects that upon completion, the Project would expand fruit production in Mozambique to such a degree that it would justify the business case for a larger packing facility, which would increase integration along the supply chain, retain more value domestically, and create additional jobs.
WESTFALIA FRUTO MOZAMBIQUE LIMITADA
Westfalia Africa Hans Merensky Holdings Zac Bard Managing Director +27 (0) 11 381 5753 zacb@westfalia.co.za PO Box 52288, Saxonwold 2132, South Africa https://www.westfaliafruit.com/
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
0 0 0 0 0 0 0 0 0.0000 Zac Bard, Managing Director Westfalia Africa Hans Merensky Holdings PO Box 52288 Saxonwold 2132 South Africa Phone: +27 (0) 11 381 5753 Email: zacb@westfalia.co.za
Mozambique
Pegache Farm is located on the outskirts of Catandica, in the Barue District of Manica Province in Mozambique. The farm is located on the northern side of Catandica Town, at the eastern base of the Cerro Choa Mountain.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
A-AF - Fruits and Vegetables
Total: $1.20 million
200000.00
1000000.00
200000.00
WESTFALIA FRUTO MOZAMBIQUE LIMITADA
1000000.00
WESTFALIA FRUTO MOZAMBIQUE LIMITADA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/42280/westfalia-moz-ii
XM-DAC-903-SII-43099
International Finance Corporation
Central Termica de Temane
Central Termica de Temane (the Project) is a 450 MW gas-fired power plant. The Project, expected to help Mozambique improve access to electricity and provide lower-cost power, will be developed, designed, constructed and operated under a 25-year Build-Own-Operate-Transfer (BOOT) concession agreement. The Project will sell its power to the Government of Mozambiques (GoM) utility, Electricidade de Mocambique (EDM). The Project will be connected to the grid through a new 561 km 400 kV single-circuit power transmission line between Maputo and Vilanculos, to be developed, constructed, owned, and operated by a wholly owned subsidiary of EDM, Sociedade Nacional de Transporte de Energia (SNTE).
The Project is expected to increase the supply of low-cost electricity in Mozambique which helps to meet the growing domestic demand and supports implementation of the country's ambitious electrification program, with important economy wide effects. This investment is expected to support electricity access growth, with a focus on low-income households. The Project also contributes to optimizing system power generation costs in Mozambique. At the market level, IFC's proposed investment will deepen integration of the Southern African power market by increasing supply of affordable and reliable base-load energy that will improve liquidity on the regional competitive market.
CENTRAL TERMICA DE TEMANE SA
Globeleq Africa Limited John Smelcer Business Development Director +27 21 180 4506 John.smelcer@globeleq.com 5th floor, Sunclare Building, 21 Dreyer Street, Cape Town, 7708 South Africa www.globeleq.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
0 0 0 0 0 0 0 0 0.0000 Electricidade de Moçambique E.P., Av. Zedaquias Manganhela n.267, Predio JAT IV- 4 Andar, Maputo , Moçambique
Mozambique
The project is located in northern Inhambane Province, Mozambique, approximately 30 km southwest of the town of Inhassoro, 20 km inland from the coast.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
V-AB - Gas - Thermal Power Generation
Total: $104.00 million
4000000.00
100000000.00
4000000.00
CENTRAL TERMICA DE TEMANE SA
100000000.00
CENTRAL TERMICA DE TEMANE SA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/43099/central-termica-de-temane
XM-DAC-903-SII-44597
International Finance Corporation
GTFP Unico Mozam
The proposed project is an uncommitted trade finance guarantee facility under IFCs Global Trade Finance Program (the GTFP Facility) of up to US$10 million. The purpose of the proposed IFC trade line is to support the Banks trade program. GTFP offers confirming banks partial or full guarantees covering payment risk on banks in emerging markets for trade related transactions.
The project builds on GTFP's global platform, increasing access to trade finance to emerging markets. The Project will provide increased access to trade finance to the Issuing Bank's customers, including both corporates and SMEs. On the market side, the project will further connect the Issuing Bank's cross border connections, increasing the country's integration through both financial and real sector channels. It will help to link more traders to other countries and connect the country's financial markets more deeply.
NEDBANK MOZAMBIQUE
Banco Unico Ms. Dinisha Harish Deputy Director +258 21 488 43 8 dinisha.harish@bancounico.co.mz Av. Julius Nyerere n.º590 Piso 1 Maputo, Moçambique www.bancounico.co.mz
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
0 0 0 0 0 0 0 0 0.0000 Johannesburg, South Africa
Mozambique
Banco Unicos headquarter is in Maputo, Mozambique. The bank operates a network of 21 branches across the country.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
O-AD - Commercial Banking - Trade
Total: $500.00 million
500000000.00
500000000.00
NEDBANK MOZAMBIQUE
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/44597/gtfp-unico-mozam
XM-DAC-903-SPI-10069
International Finance Corporation
BANCO DE MICROFINANCE DE MOZAMBIQUE
Summary Of Project Information (SPI) Project Name Mozambique - Banco de Microfinanças de Moçambique RegionSub-Saharan Africa Sector Project No10069 Projected Board DateApril 8, 2000 Company NameBanco de Microfinanças de Moçambique Technical Partner and/or Major Shareholders The technical partner is IPC, a German consulting company with more than 20 years of experience in microfinance. The major shareholders of Banco de Microfinanças de Moçambique (BMF) are: * Banco Internacional de Moçambique (BIM), one of the largest commercial banks in Mozambique. BIM is owned by BCP/Atlantico (50%) of Portugal; and IFC (25%); * Internationale Micro Investitionen AG (IMI)- a development-oriented investment company focusing on financial services institutions targeted at low-income strata in developing countries and transition economies. IMI was founded in Frankfurt on July 6, 1998 by IPC GmbH, and by IPC-Invest; * IFC; * Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch semi-government-owned agency responsible for investing in developing countries. The proposed shareholder structure is as follows: BIM: 30-35%; IFC: 20%; IMI: 20%; FMO: 20%; Mozambican government agency: 5-10%, for a total of 100%. Project Cost Including proposed IFC investment The total project cost is estimated at US$2 million, with proposed IFC equity investment estimated at 20%. Location of project and Description of site Banco de Microfinanças de Moçambique intends to start its lending operations in Maputo and open additional branches later on. Description of Company and Purpose of Project IFC has been asked to have a 20% equity stake in Banco de Microfinanças de Moçambique, the first microfinance bank being established in Mozambique. The banks objective is to provide financial services specifically tailored to the demand of small and micro enterprises, who do not have access to commercial banks and are not the typical clientele served by NGO microfinance intermediaries. This will be IFCs fourth investment in a financial institution in Mozambique. It will represent an important step towards IFCs greater involvement in the development of the Mozambican financial sector and will reinforce its continued commitment in providing access to financing for small and micro enterprises. Specifically, IFCs presence in this project will serve as a liaison between IPC and local banks (e.g. BIM) and will give comfort to potential additional investors. It will also make a valuable contribution to BMFs corporate governance. The development objectives of the project will be achieved by: (i) providing resources to serve the credit demand of small and micro enterprises with no access to the formal financial sector; (ii) developing the ability of their management to deal with formal financial institutions on a commercial basis; (iii) serving as a role model for other institutions which also have the objective of commercial sustainability. BMF intends to start its lending operations in Maputo and open additional branches later on. Its three main products will be: micro loans, small loans and house improvement loans. Environmental Category and Issues This is a category FI Type 1 project according to IFCs environmental review procedure. BMF has committed to establishing an environmental management system that will ensure that investments are consistent with applicable host country environmental laws and; designating appropriate individuals who will have responsibility for environment; attending IFCs environmental management workshops; submitting an environmental management plan; and submitting an annual environmental performance report. Date SPI sent to InfoShop March 9, 2000 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 974-4384
SOCREMO - BANCO DE MICROFINANCAS SARL
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AC - Commercial Banking - Microfinance and Small Business
Total: $1.90 million
1900000.00
1900000.00
SOCREMO - BANCO DE MICROFINANCAS SARL
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10069/banco-de-microfinance-de-mozambique
XM-DAC-903-SPI-7008
International Finance Corporation
Industrias de Caju Mocita SARL
Summary Of Project Information (SPI) Project Name Mozambique-MOCITA Region Sub-Saharan Africa Sector Project No007008 Projected Board DateMay 16, 1996 Company NameIndustrias de Caju Mocita Technical Partner and/or Major Shareholders The major shareholder of MOCITA is Anglo American Corporation, a South African mining finance house with widely dispersed ownership. It will contribute 75% of the equity of MOCITA. Its wholly-owned subsidiary, Anglo American Farms Limited (AMFARMS), will have primary oversight and management responsibilities for the project. Project Cost Including proposed IFC investment US$10.6 million, of which IFC will provide loan of US$3.0 million for its own account. Location of project and Description of site The Company is located in Xai Xai, which is some 220 km. northeast of Maputo (the capital of Mozambique). The factory site is 4 km from the town center. Description of Company and Purpose of Project (include IFC role\development impact) MOCITA was established in 1966 to process cashewnut into kernels for bulk export. It operated profitably for 15 years and its production reached a peak of 18,000 tpa. It stopped normal operations in 1981 as a result of civil war in the country and was taken over by the Government until 1994 when it was returned to the owners. The proposed project will rehabilitate the factory, install a new processing line, and establish a nursery to distribute 100,000 cashew trees per annum to farmers. IFC has worked closely with the sponsors for two years, beginning with the funding of the feasibility study by the Italian Trust Fund. IFC assisted with restructructing the project concept to include proper arrangement for procuring the cashewnut and broadening the product mix to include branded consumer items - all of which will ensure that the project can operate effectively without protection. The development impact of the project includes supporting 2,000 farmers who will be induced to reactivate their cashew farms so as to supply cashew to the project, creating 700 jobs in the factory, and generating export earnings of US$11 million per year. In addition, the project will pay export parity price for its cashew, which will increase producers (mostly smallholder farmers) income and contribute toward poverty alleviation. The project will also assist the tree planting program that will ensure the long-term survival of the cashew sector. Environmental Category and Issues This is a category B project according to IFCs environmental review procedure. Environmental and occupational health and safety issues associated with this project include site location, air emissions, liquid effluent treatment, solid waste management, fire prevention and emergency control. The site has in the past been used for cashew nut processing and there are no environmentally sensitive areas in the vicinity. Air emissions will mainly be from the factory boiler units. These high efficiency units will utilize cashew nut shell liquid (CSNL) extracted from the cashew nuts during the processing. Concentrations of SO2 and particulate matter in the flue gas will be negligible. All other parameters will comply with local requirements and World Bank guidelines. Wash water from the facility will be used to irrigate gardens and sports fields. Sewage water will be treated in a septic tank system designed for more than 200% overload. Solid wastes will consist of peels and nut rejects. MOCITA is seeking to enter into agreement with a nearby ceramics factory to sell these wastes for use as a fuel. Fire prevention will be included in the factory design and an emergency response plan will be developed and implemented before commissioning of the factory. IFC will ensure ongoing compliance with World Bank guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by MOCITA and by conducting periodic supervision. The is from the Public Information Center. Date SPI sent to PIC April 16, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Industrias de Caju Mocita, SARL
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AI - Other Food
Total: $3.00 million
3000000.00
3000000.00
Industrias de Caju Mocita, SARL
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7008/industrias-de-caju-mocita-sarl
XM-DAC-903-SPI-7473
International Finance Corporation
AEF Cahora Bassa Fisheries Lda (CBF)
Summary Of Project Information (SPI) Project Name Mozambique-Cahora Bassa Fisheries, Lda. (CBF) Region Sub-Saharan Africa Sector Project No007473 Projected Board DateApril 10, 1996 Company NameCahora Bassa Fisheries, Lda. (CBF) Technical Partner and/or Major Shareholders CBF is a Mozambican-registered company. 73% of the shares are jointly held by Anthony Stead and Ashley Walsh, both Zimbabwean nationals. Mr. Stead owns an engineering company in Harare, Zimbabwe. Mr. Walsh, who oversees the current operations, will be General Manager of the project in Mozambique. He will manage both CBF and CPT (Companhia de Pescas de Tete). The other 27% of the shares are jointly owned by Israel Franca and Caesar Bento, both Mozambican nationals. Project Cost Including proposed IFC investment Total Project cost is estimated at US$413,000 equivalent and IFC has been asked to provide a loan of US$205,000. Location of project and Description of site CPT will fish, mainly for Kapenta, on Lake Cahora-Bassa. It will have a landing, and fish drying and packing facilities at a site in the central region at Manyere Island on Lake Cahora Bassa. This is located 35kms from the main fishing area of Chikowa. The lake is a man-made reservoir, over 250 kms long and up to 50 kms wide, on the lower Zambezi River above the Cahora Bassa high dam. Description of Company and Purpose of Project CBF already operates five Kapenta fishing rigs on the lake. Kapenta, small sardine-like fish which travel in large shoals and which have become established in the lake, are caught and landed at CBFs site where they are sun-dried and exported mostly to the main population centers in Zimbabwe. The project is for the expansion of the fleet from five to ten rigs and the improvement of the shore-based facilities. As one company is only allowed five rigs, CPT, the new company, will use the five new licences by leasing the rigs from CBF. CPT will sell all its produce to CBF who will be responsible for all the marketing of the Kapenta. The main markets for the increased output will be in Zimbabwe and Zambia where Kapenta is a highly popular, low cost food, very high in protein content. The project will employ over 40 people. The project will have a significant impact on the region in view of the war situation which prevailed in the region for over two decades. This resulted in the destruction of infrastructure and disrupted commercial and other activities. Apart from providing low cost food, employment will be created especially for unskilled local people. IFCs role is to provide the shortfall in finance to bring the project to reality considering the acute lack of term financing in Mozambique. Environmental Category and Issues This is an environmental review category B project. Environmental and occupational health and safety issues include: sustainable fishing, waste disposal, CFCs (if the sponsors decide to build a cold room), general housekeeping and safety issues, and emergency preparedness. Sustainability of fish stocks is not, at this stage, an issue as fishing fleets and processing plants on Lake Cahora Bassa are relatively small and undeveloped as compared with Lake Kariba for instance. IFC and CBF have been in touch with the Government concerning the fleet carrying capacity of the lake, the issue of sustainibility will be closely monitored. The sponsor is preparing a liquid and solid waste disposal plan for fish drying and processing operations, and an outline of their proposed occupational health and safety program (incorporating the fishing fleet and processing operations). The is March 13, 1996 from the Public Information Center. Date SPI sent to PIC February 23, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Cahora Bassa Fisheries (CBF)
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AH - Seafood Product Preparation and Packaging
Total: $0.21 million
210000.00
210000.00
Cahora Bassa Fisheries (CBF)
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7473/aef-cahora-bassa-fisheries-lda-cbf
XM-DAC-903-SPI-7524
International Finance Corporation
Banco Internacional de Moçambique, SARL
Summary Of Project Information (SPI) Project Name Mozambique-Banco Internacional de Moçambique (BIM) Commercial Bank Region Sub-Saharan Africa Sector Project No007524 Projected Board DateJune 13, 1996 Company NameBanco Internacional de Moçambique (BIM) Technical Partner and/or Major Shareholders The technical partner is Banco Commercial Portugues (BCP), which also owns 50% of BIM. BCP is a very successful bank and is now Portugals largest private financial service group with a 20% share of the Portuguese banking market. Project Cost Including proposed IFC investment The total project cost for the project is between US$30 million and US$35 million, including a 20% IFC participation in the capital of BIM for up to US$5 million as well as the extention of a loan between US$5 million and US$10 million. Location of project and Description of site Maputo, Mozambique Description of Company and Purpose of Project The project consists of IFC taking an equity participation of up to 20% for a total consideration of about US$5 million equivalent in the capital of BIM, a recently established commercial bank in Mozambique, as well as the extension of a term loan between US$5 million and US$10 million to strengthen BIMs foreign currency treasury operations. Environmental Category and Issues This is a category C project according to IFCs environmental review procedure. No further environmental review is required. Date SPI sent to PIC May 13, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365
BANCO INTERNACIONAL DE MOCAMBIQUE, S.A.
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Commercial Banking - General
Total: $15.00 million
10000000.00
5000000.00
10000000.00
BANCO INTERNACIONAL DE MOCAMBIQUE, S.A.
5000000.00
BANCO INTERNACIONAL DE MOCAMBIQUE, S.A.
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7524/banco-internacional-de-moçambique-sarl
XM-DAC-903-SPI-7616
International Finance Corporation
Agrimo Project
Summary Of Project Information (SPI) Project Name Mozambique-Agrimo Region Sub-Saharan Africa Sector Project No007616 Projected Board DateSeptember 30, 1996 Company NameAgrimo Companhia Agro-Pecuaria de Moçambique, Lda. Technical Partner and/or Major Shareholders Agrimo is majority owned by Zamagri, S.A., a Portuguese company owned equally by Mantero, S.A. and Oceanus, S.A. Project Cost Including proposed IFC investment Total project cost is estimated at US$5.3 million and IFC is asked to provide an equity investment of US$0.5 million and a loan of US$0.8 million. Location of project and Description of site Agrimo will provide agricultural extension services to smallholder farmers in the Mozambican province of Zambézia and, more specifically, in the districts of Mopeia, Nicoadala and Morrumbala. Agrimo has purchased a warehouse, an office and staff housing in the town of Morrumbala from where it will coordinate its activities. A site for a cotton gin and for a small farm to produce cotton for seed will also be acquired in the vicinity of Morrumbala. Extension posts will be located in small towns near where farming will be concentrated. Corporate offices will be located in Quelimane and a representative will be based in Maputo. Description of Company and Purpose of Project Agrimo will provide agricultural inputs, assistance and a guaranteed market for cotton produced by 25,000 or more smallholder farmers in central Mozambique. The project concept is not new and has been implemented successfully by other companies in northern Mozambique. The price paid to smallholder farmers for cotton is established by the Government of Mozambique near the beginning of the growing season. Seed cotton, purchased from smallholders by Agrimo, will be processed at a gin to be built by Agrimo in Morrumbala. The Cotton will be sold to the local textile industry or exported, and the Cotton seed will be sold locally. The project will have a significant impact on the region in view of the civil war that prevailed for the past two decades. Most of the smallholder families are recent returnees from neighboring Malawi or from the safety of nearby villages and almost all live in extreme poverty. Agrimo will provide smallholder families with the means to diversify their risk of producing only traditional food crops and add an alternative source of income. IFC''s role is to provide scarce equity and term-loan finance to make the project a reality. The project is extremely important for the redevelopment of the area due to the large number of families that will benefit when the project is fully implemented. Environmental Category and Issues This is a category B project according to IFC''s environmental review procedure. Environmental issues associated with the project include agricultural extension services, waste disposal, worker exposure to dust, general employee health and safety, and fire protection. Mitigation measures will include provision of training in chemical handling and application procedures. The is August 15, 1996 from the Public Information Center. Date SPI sent to PIC August 8, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Companhia Agro Pecuaria De Mocambique, Lda
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AI - Natural Fibers (Cotton, Sisal, Jute, etc.)
Total: $2.00 million
2000000.00
2000000.00
Companhia Agro Pecuaria De Mocambique, Lda
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7616/agrimo-project
XM-DAC-903-SPI-7764
International Finance Corporation
Mozambique Aluminum (MOZAL)
SUMMARY OF PROJECT INFORMATION (SPI) Project Name Mozambique-MOZAL Region Sub-Saharan Africa Sector Manufacturing Project No. 007764 Projected Board Date: June 12, 1997 Company Name: MOZAL Technical Partner and/or Major Shareholders: Alusaf Ltd. (25%) from South Africa, one of the largest aluminum producers in the world. The other major shareholder will be Industrial Development Corporation (IDC) (25%), a South African development financial institution. IDC was also one of the major shareholders in Alusaf. Other shareholders would include major aluminum producers and trading houses. Project Cost Including Proposed IFC Investment Estimated cost is US$1.3 billion, including physical contingency, price escalation, initial working capital and interest during construction. IFC has been requested to provide the project with financing of up to US$110 million in quasi-equity and loan. Location of Project and Description of Site The project will be located near Maputo, the capital city of Mozambique. Description of Company and Purpose of Project An aluminum smelter with a production capacity of 245,000 tons per annum. The project is expected to have a significant development impact, and more than double the countrys 1996 GDP level over 25 years. The country will also benefit from the projects positive impact on job creation, infrastructure development, enhanced regional integration, strong demonstration effects, technology and know-how transfer and industrialization. IFC plays a critical role in the appraisal, financing, coordination for co-financing and environmental improvement as an honest broker for the sponsor, the Government and other financial institutions. Environmental Category and Issues The project is an environmental review Category A project. The principal issues involve air emissions, solid waste management, and socio-economic impact. Air emissions will fall well within World Bank guidelines and internationally accepted standards. The process to be used does not result in solid waste within the first few years. The only soild waste from the production will come when electrolysis pots have to be relined after five or six years. The mitigation plan includes a waste storage facility and other measures. The EA was prepared by Council for Scientific and Industrial Research (CSIR) from South Africa. It comprises nine specialist reports and covers all the aspects required by the IFC environmental review procedures; it also includes separate reports on the public consultation and resettlement issues. A change of the site has limited the relocation needs to approximately ten families; none of these families are living on the site itself, but on an industrial zone to be established by the Government of Mozambique (GoM). Implementation of the EA is now at its final stages with active involvement of GoM particularly on the social impact. The Environmental Assessment and EA Executive Summary are available from the Public Information Center. Host country location of environmental documents: IFC/World Bank Maputo office Ave. Kenneth Kaunda, 1224 Maputo, Mozambique Date SPI sent to PIC: May 8, 1997 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-3397 facsimile: (202) 473-4384 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Mozambique Aluminum S.A.R.L.
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
BA - Aluminum
Total: $120.00 million
120000000.00
120000000.00
Mozambique Aluminum S.A.R.L.
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7764/mozambique-aluminum-mozal
XM-DAC-903-SPI-7881
International Finance Corporation
SEF Complexo Turistico Oasis de Xai-Xai, Lda.
2 SUMMARY OF PROJECT INFORMATION Project Name Mozambique-Complexo Turístico Oásis de Xai-Xai, Limitada Region Sub-Saharan Africa Sector Tourism Project No: 007881 Projected Board Date: June 19, 1997 Company Name: Complexo Turístico Oásis de Xai-Xai, Limitada (CTOX) Technical Partner and/or Major Shareholders: The project is owned by Complexo Turístico Oasis de Xai-Xai, Limitada, a Mozambican company. Its shareholders are Mr. Lars Anderson, a Swedish citizen, and three Mozambican citizens: Mr. Salamão Mambo, Mr. Guilherme Mambo and Mr. Gabriel Mambo. Project Cost Including Proposed IFC Investment: The estimated project cost is US$1,800,000 and IFC is requested to provide a loan of US$720,000. Location Of Project and Description Of Site: The project is located in the district of Pomene, Gaza Province, about 220 km north of Maputo. The project area is 4 ha. Description Of Company and Purpose Of Project: CTOX is a recently formed company for the purpose of implementing the project. The company plans to build a lodge complex consisting of 32 units and 5 self catering, two-room chalets (a total of 37 keys), a 100 seat restaurant, conference facility and a games room. The main emphasis will be on beach and water sports. Environmental Category and Issues: This is an environmental review category B project. Environmental, health and safety issues analyzed include site selection criteria; solid and liquid waste disposal; impact of construction and operations on the surrounding ecosystem, with special emphasis on the marine environment; impacts on local communities; safety issues pertaining to water sports and other recreational activities; power and water supply; CFC-free cold storage; employee training and safety; and fire protection and emergency response. The sponsors submitted an environmental management plan, which addressed key issues. The project is located in a designated resort area, apart from the local communities. Liquid wastes will drain to a series of septic tanks and soakaways. Solid wastes will be collected and disposed by a private local company. Employees will receive training in the skills required, as well as fire safety and response. Fire protection will be handled with extinguishers and smoke detectors. IFC will ensure ongoing compliance with World Bank environmental, health and safety policies and guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by CTOX and by conducting periodic supervisions. The Environmental Review Summary (ERS)is expected to be submitted to the PIC on or about May 1, 1997. Date SPI Sent To PIC: April 29 1997 For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 974-4384. L:\CAF\SEF\MOZ\CTOXSPI.DOC April 22, 1997 12:34 PM Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Complexo Turistico Oasis de Xai-Xai, Lda
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AB - Resort Hotel (Including Lodges)
Total: $0.73 million
730000.00
730000.00
Complexo Turistico Oasis de Xai-Xai, Lda
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7881/sef-complexo-turistico-oasis-de-xaixai-lda
XM-DAC-903-SPI-8021
International Finance Corporation
SEF Companhia de Pescas da Zambezia, lda
SUMMARY OF PROJECT INFORMATION Project Name Mozambique-Companhia De Pescas Da Zambezia, Limited Sector Fishing and Fish Processing Region Sub-Saharan Africa Project No 008021 Projected Board Date April 30, 1997 Company Name Companhia de Pesca da Zambezia, Lda (CPZ) Description of Company and Purpose of Project: CPZ was created in 1995 and specializes in off-shore fishing. The project will have an on-shore facility to process fish, lobster and crabs purchased locally. The processing of shrimp and deep sea shrimp (gamba) will be on board of Zambeze, a 56 meter boat equipped with cold rooms and ice makers. Two containers will be located in the port of Quelimane to store the processed product which is prepared for export. Technical Partner and/or Major Shareholders: The shareholders of CPZ are Finage-Mar and Mar-Azul, both registered in Mozambique. Finage-Mar is owned by: (i) Carlos Contreiras, a retired Portuguese Admiral; (ii) Cipros Lda, an investment firm; and Jorge Correia, a Mozambican Mechanical Engineer. Mar-Azul is owned by: (i) Sailor, Lda, a Latvian fish broker; (ii) Iossif Chik, a Russian citizen; and (iii) Aleksey Paltchevesky, also a Russian citizen. The two companies have been involved in fishing activities for more than five years using leased boats. Finage-Mar will control the management and Mar-Azul will handle the production and will have equal shareholding in CPZ. Project Cost Including Proposed IFC Investment: The project is estimated at US$3.503 million and IFC has been requested to provide a loan of US$1.3 million. Location of Project and Description of Site: The project will have an on-shore facility in Pebane, Zambezia. The population in the district of Pebane is more than 100,000 and fishing is the principal source of employment. Development Impact: The project will provide employment to about 143 people and will generate foreign exchange revenue for the country. Environmental Category and Issues: This is a category B project according to IFCs environmental review procedure. Key environmental, health and safety issues being analyzed include sustainable fishing, protection of sensitive reef ecosystems, liquid and solid waste disposal, recycling/disposal of used motor fluids and oils, use of non-CFC refrigerants in cold rooms, processing facility hygiene and housekeeping, provision of employee personal protective equipment, emergency preparedness and employee training, fire protection, fleet safety and maintenance, and compliance with all applicable local and international laws. The sponsor is preparing an environmental management plan for the project, which is expected to be submitted in early March. IFC will ensure ongoing compliance with World Bank guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by the sponsor, and by conducting periodic supervision visit. The ERS for the project is expected to be released to the PIC on or about the third week of March. Date SPI Sent to PIC: March 19, 1997 For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 974-4384 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
COMPANHIA DE PESCAS DA ZAMBEZIA LDA
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AH - Seafood Product Preparation and Packaging
Total: $1.00 million
1000000.00
1000000.00
COMPANHIA DE PESCAS DA ZAMBEZIA LDA
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8021/sef-companhia-de-pescas-da-zambezia-lda
XM-DAC-903-SPI-8901
International Finance Corporation
SEF Rodoviaria da Beira Limitida
SUMMARY OF PROJECT INFORMATION (SPI) Project Name: MOZAMBIQUE-RODOVIARIA DA BEIRA, LIMITADA Region: Sub-Saharan Africa Sector: Transport Project No: 008901 Projected Board Date: April 28, 1998 Company Name: Rodoviaria da Beira, Lda (Robeira) Technical Partner and/or Major Shareholders: ROBEIRA is owned by three Mozambicans:(i) Mr. F. Salgado, who holds 34% shares of the Company; (ii) Mr. J. Costa, technical engineer with 33% of the Company; and (iii) Ridler Investments Corporation that is represented by Dr. A. Salgado, a prominent lawyer. Mr. F. Salgado will manage the project on a day-to-day basis. Mr. Costa will be responsible for the maintenance of the fleet. Dr. Salgado will oversee the legal aspects of the business. Project Cost Including Proposed IFC Investment: The project is estimated to cost US$511,000 and IFC has been requested to provide a loan of US$256,000. Location of Project and Description of Site: The project will serve farmers, traders and the general population that need to travel to and from Beira. Description of Company and Purpose of Project: The project will (a) expand the Companys bus fleet from three to eleven buses; (b) acquire a pick-up truck; and (c) train three in-house mechanics. The project will create new jobs and help improve the transportation sector. Environmental Category and Issues: This is a Category B project according to IFCs environmental review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. Key environmental, health and safety issues that are of potential concern in this project include disposal of liquid and solid wastes including sewage; recycling and/or proper disposal of used motor oils and grease; spill prevention and secondary containment for above-ground fuel storage tanks; discharges from underground fuel storage tanks; vehicle emissions; fire protection and emergency response preparedness; employee health and safety and training; maintenance of vehicle fleet; and general housekeeping. Robeiras solid and liquid waste is collected by the Beira municipal authorities and sewage is discharged to the municipal sewerage system. ROBEIRA has a long term contract with Mobil to provide fuel and routine servicing, including oil filter changes. As a result, very little waste oil generated at ROBEIRAs premises in the normal course of operations. ROBEIRA has its own workshop for handling repairs and employs a team of mechanics trained by TATA, the Indian manufacturer of its buses, who oversee maintenance of the buses. The three buses were purchased new in July 1997 and emit very little in the way of visible emissions. Municipal regulations require that all buses be equipped with both a fire extinguisher and a first aid kit. All of ROBEIRAs drivers and other members of its bus crews have been trained in the proper use of these extinguishers. It is ROBEIRAs policy to conduct an internal inspection of each of its vehicles every 3,000 kms. TATA maintenance rules require that buses receive a major servicing every 5,000 kms, for the first 50,000 kms, after which a major service is required every 10,000 kms. These schedules are strictly adhered to. The Environmental Review Summary (ERS) is expected to be available at the Public Information Center on May 2, 1998. Date SPI sent to PIC: April 28, 1998 For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 974-4384. \\StreetTalk\Public@Network@IFC\PIC\mzs08901.doc April 28, 1998 6:32 PM Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Rodoviária da Beira Limitida
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AD - Transit and Ground Passenger Transporation
Total: $0.19 million
190000.00
190000.00
Rodoviária da Beira Limitida
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8901/sef-rodoviaria-da-beira-limitida
XM-DAC-903-SPI-9081
International Finance Corporation
Banco Internacional de Mocambique - Investimentos
Summary Of Project Information (SPI) Project Name Mozambique: BIM-Investimento Region Sub-Saharan Africa Sector Project No009081 Projected Board DateJune 15, 1998 Company NameBIM-Investimento Technical Partner and/or Major Shareholders Banco Internacional de Moçambique Banco Cisf Project Cost Including proposed IFC investment US$2.0 million, including an IFC equity investment of up to US$300,000. Location of project and Description of site Maputo (Mozambique) Description of Company and Purpose of Project The project consists of establishing BIM-Investimento, an investment bank in Mozambique the activities of which will primarily focus on arranging financing for local corporates; underwriting and managing debt and equity issues; and providing short-term financing/bills discounting. The establishment of BIM-Investimentos should achieve several developmental effects in Mozambiques economy including the direct support of medium and long term investment projects, the assistance to private and public entities through financial advisory services, the improvement of the efficiency of resource allocation in the country through the mobilization and channeling of resources from foreign and domestic sources. As an investor in BIM-Investimento, IFC will play the important role of a neutral broker between local and foreign shareholders. Furthermore, this transaction will strengthen the relationship between IFC and an innovative local financial institution. Environmental Category and Issues This is a Category C project according to IFCs environmental review procedure. No further environmental review is required. Date SPI sent to PIC May 4, 1998 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 974-4384
BIMI - Banco de Investimento, SARL
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Commercial Banking - General
Total: $0.30 million
300000.00
300000.00
BIMI - Banco de Investimento, SARL
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9081/banco-internacional-de-mocambique-investimentos
XM-DAC-903-SPI-9636
International Finance Corporation
SEF Cabo Caju, Lda
SUMMARY OF PROJECT INFORMATION (SPI) Project Name: Mozambique - Cabo Caju, Limitada Region: Sub-Saharan Africa Sector: Food Processing Project No: 009636 Projected Board Date: June 19, 1999 Company Name: Cabo Caju, Lda (CCL) Technical Partner and/or Major Shareholders: CCL is owned by: (i) Mr. Jurg Reiser (86%), a Swiss national living in Mozambique since 1989; (ii) his Mozambican wife, Mrs. Ilda Reiser (7%); and (iii) Mr. Machemba Sarangue (7%) also a Mozambican and the projects production manager. Mr. Reiser, the main sponsor, holds a bachelors degree in business administration and marketing. For six years he was marketing manager for 3M in Switzerland. He will be the general manager of the project. Project Cost Including Proposed IFC Investment: The project is estimated to cost US$1,373,000 and IFC has been requested to provide a loan of US$533,000. Location of Project and Description of Site: The project is located 5 Kms from the city of Pemba, Cabo Delgado, the Northern province of Mozambique. Description of Company and Purpose of Project: CCL has been processing cashew nuts since 1996 in rented premises. The project is to construct a new, larger factory with the capacity to process about 1,200 tons per year. Environmental Category and Issues: This is a Category B project according to IFCs environmental review procedure. Key environmental, health and safety issues that were discussed include sustainability of cashew supplies, including agrochemical use and integrated pest management if applicable; source of water and power supply, including fuel storage if applicable; disposal of solid and liquid wastes, including sewage; air emissions from boilers and/or other fuel sources; employee exposure to dust, heat, noise in the processing plant; provision of personal protective equipment and employee health and safety training; use of non-CFC air conditioning and cold storage equipment; fire protection, life safety and emergency response; and general plant safety and housekeeping. IFC has reviewed information measures for ensuring that the project complies with Mozambique regulations and IFC guidelines. The sponsors will provide health and safety and fire response training to all employees. In addition, the company will issue all appropriate personal protective equipment to employees, in accordance with IFC and Mozambican requirements. Additional details of the proposed operating procedures and mitigation measures are provided in the Environmental Review Summary for the project, which was made available in the InfoShop on April 20, 1999. The Environmental Review Summary is available from the InfoShop. Host country location of environmental documents: Date SPI sent to InfoShop: 19 May 1999 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFC''s activities and should not be construed as presuming the outcome of IFC Board consideration. For additional Information contact: Corporate Relations Unit Telephone: (202) 473-7711 Facsimile: (202) 974-4384 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Cabo Caju, Lda.
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AI - Other Food
Total: $0.58 million
580000.00
580000.00
Cabo Caju, Lda.
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9636/sef-cabo-caju-lda
XM-DAC-903-SPI-9997
International Finance Corporation
SEF Ausmoz Farm Holdings, Lda
Project NameMozambique SEF-Ausmoz RegionSub-Saharan Africa SectorAgricultural Crops Project No009997 Projected Board DateMay 24, 2000 Company NameAusmoz Farm Holdings, Lda Technical Partner and/or Major Shareholders The main sponsors of the project is Macpherson Consulting Group with 23% shares, a Harare based Australian firm that provides professional services for rural development. It has extensive experience with agricultural projects in Southern and East Africa where it has been involved in assignments financed by UNDP, IFAD, USAID, ADB and the World Bank. The other shareholders are: - B&L Contractor from Zimbabwe with 14% shares; - Mr. Pedro Americo, a Mozambican citizen with 15%; and - three Australian citizens together with 48% of shares. Project Cost Including proposed IFC investment The total project cost is $1,865,000 and IFC proposes a loan investment of $746,000. - Location of project and Description of site The project will be located at Chitunga, in the central province of Manica, Mozambique, about 20 km from the Beira Road Corridor. - Description of Company and Purpose of Project Ausmoz is a Mozambican company registered in 1995, when it obtained a 50-year renewable lease on a area of 1,953 ha of agricultural land. About 200 ha have been developed up to now and the purpose of the project is to fully develop the remaining 1,753 ha for the cultivation of cotton, maize, wheat, sunflower, and soybean. The project has the potential to act as a catalyst to develop food production in one of the poorest areas of Mozambique. The project will also have an impact in the balance of payments of the country by generating foreign currency revenue and substituting imports. - Environmental Category and Issues: This is a Category B project according to IFC''s environmental review procedure. Key issues related to irrigation system(s) include: - source and volume of irrigation demand and other water requirements; - impacts on riverine hydrology of damming or other water extraction activities if applicable; - potential loss of grazing land and wildlife habitat from damming, if applicable; - impact on fisheries and subsistence fishing if applicable; - minimum flow maintenance and impacts on downstream users; - increased waterborne diseases; - restoration of land disturbed during rehabilitation and construction; and - general worker safety during construction. Key issues related to plantation management include potential social issues involving: - land occupation, land tenure, land use and physical or economic displacement; - source of power including fuel storage; - selection, handling, application and disposal of agrochemicals; - agrochemical container disposal; integrated pest management; - provision of personal protective equipment and employee health and safety training; - regular medical check-ups for employees handling agrochemicals; - emissions from boilers and other sources; - workplace hygiene and housekeeping; - solid and liquid waste disposal; and - fire protection and life safety. IFC is reviewing details of Ausmoz''s environmental management activities and social programs, as well as the findings of the project Appraisal Report. Details of the proposed operating procedures and mitigation measures are provided in the Environmental Review Summary (ERS) for the project. Host country location of environmental documents: 1. The project site at Chitunga. 2. The City Hall in Chimoio. 3. Provincial Agricultural Department in Chimoio. Date SPI sent to InfoShop April 24, 2000 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For Additional Information contact: Corporate Relations Unit Telephone: (202) 473-7711 Fax: (202) 974-4384 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Ausmoz Farm Holdings, Lda.
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AG - Diversified Edible Agricultural Crops Production
Total: $0.99 million
990000.00
990000.00
Ausmoz Farm Holdings, Lda.
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9997/sef-ausmoz-farm-holdings-lda
XM-DAC-903-SPI-10185
International Finance Corporation
SEF Merec Industries, Lda
The project is for the establishment of a new plant for the processing of imported wheat, with a capacity of 140 tonnes per day or 30,000 tonnes per annum; and construction of silos with a storage capacity of 15,000 tonnes. The equipment will be supplied by Buhler, from whom Merec Industries has already imported a complete maize milling plant that is already in operation at the same complex at Machava. The sponsors have selected Machava for their industrial activities because of its good infrastructure; a railway line from the port, electrical power, easy access to land and labour, and proximity to the market. The main products will be: (a) wheat flour for bread; and (b) cake flour, bran and wheatgerm, which are used as ingredients in animal feed. Although the sponsors have significant experience in the food processing industry in Africa, IFC has helped structure the deal and contributed to optimization of project planning and implementation and will co-ordinate a security sharing agreement with BCM the local co-financier. IFC will facilitate the sponsors obtaining finance. The project will create about 55 direct jobs. While the managerial staff will initially be expatriates, part of the skilled and unskilled labor will be hired locally. Merec will provide necessary on-the-job training for supervising and technical staff in order to improve skills levels continuously. Merec will also increase competition in the market which may retard wheat flour price rises and therefore those in the price of bread. Bran will be exported to earn foreign exchange. Given Africoms strong distribution network, wheat flour will reach the most remote areas of the country facilitating the provision to poor Mozambicans of the most affordable, ready-to-eat food, bread.
MEREC INDUSTRIES SA
Mr. Mhamud Charania Managing Director Merec Industries Lda Talhoa # I-1 Parcela 707 Matola Maputo Fax: 401695 Phone: 401850
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The project will be located on a 20 ha site at Machava, an industrial suburb of Maputo, Mozambique.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Grain Processing (Milling, Starch, Flour, Malt)
Total: $1.30 million
1300000.00
1300000.00
MEREC INDUSTRIES SA
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10185/sef-merec-industries-lda
XM-DAC-903-SPI-10323
International Finance Corporation
Mozal II Project
The project comprises the doubling of the capacity of the Mozal I aluminium smelter to produce an additional 250,000 tons per annum (tpa) of aluminium metal. Mozal I, to which IFC has existing loan commitments totalling US$120 million, has already produced first metal and is currently nearing completion, six months ahead of schedule and at about US$130 million below the budgeted project cost of US$1,340 million. Mozal I was designed with the Mozal II expansion in mind. In the existing site there is space for the installation of duplicate potline, anode baking, and casthouse facilities. Outside the main site, the only significant additional facilities required will be a second ship unloader and storage facilities at the port -all to be constructed within the existing boundaries of Mozal''s quay- to handle the extra raw materials, and an extra 132kV transmission line from the nearby substation. The project will have significant development impact. Mozambique''s net foreign exchange earnings will increase by over US$100 million, and GDP will increase by an estimated 3.5%. During construction, the project will employ an estimated 5,000 people, with 295 direct and 1,500 indirect jobs being created during operation. Opportunities for local small and medium sized enterprises (SMEs) are expected to be created through Mozal''s policy of out-sourcing all non-core activities to local companies. The import of project inputs from South Africa should further stimulate regional trade and integration. Lastly, with an expected annual spending of the order of US$2 million on social and community initiatives, the Mozal Trust will work to ensure the sustainability of the project''s impact on the local people. IFC''s role will be to: co-ordinate all the lenders for the approximately US$600 million debt package; ensure that the project meets IFC''s environmental and social policies and guidelines; encourage SME development around the project; and , through its continued investment in the country, provide reassurance to potential investors in other Mozambican projects.
Mozambique Aluminum S.A.R.L.
Tom Butler, IFC Investment Officer International Finance Institution Mining Department Room F8K236, 2121 Pennsylvania Avenue Washington DC, 20433 Email: tbutler@ifc.org
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The project site is located 21km west of Mozambique''s capital, Maputo, with an associated port terminal 5km west of the main port of Maputo.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
BA - Aluminum
Total: $25.00 million
25000000.00
25000000.00
Mozambique Aluminum S.A.R.L.
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10323/mozal-ii-project
XM-DAC-903-SPI-10692
International Finance Corporation
Grand Prix Autobody
The project entails the expansion of an existing motor vehicle repair company in Maputo. The company is presently operating from a rented facility with an area of less than 4,000 square meters in an industrial area in Maputo. It needs to move to a new premises and expand its equipment to comply with Motorcare''s (Nissan South Africa) rigorous quality specifications for a full Nissan service centre. Grand Prix Autobody started in 1998 doing body repair and paintwork on all makes of vehicles, and quickly extended its services to cover full car maintenance. Grand Prix has quickly established itself as one of the leading motor vehicle repair companies in Mozambique with the best quality equipment as well as up-to-date materials used in the industry. Its quality workmanship has guaranteed Grand Prix a preferred status amongst all Mozambican insurers as well as international companies in Mozambique. Grand prix will contribute to develop new standards in the country through on-the job training given to the staff, for free, by Motorcare. All the Nissan cars, new or second hand, will have to pass a safety check before cleared to enter the demanding Mozambican traffic and roads, which will improve safety on the roads. Grand Prix will train and employ a minimum of 20 extra people. IFCs main role will be to provide appropriate financial resources without which the project cannot proceed. The project requires long term financing which is not available from the local banking system. IFC''s co-lender is providing a 5 year loan so IFC will be helping to extend the maturities. IFCs participation will also ensure that the facilities comply with environmental requirements. The project will be the largest private car repair center in Maputo. It is likely to have demonstration value and to help develop the local transport infrastructure.
Auto Body Grand Prix Lda
Ronaldo Toledo, Investment Officer E-mail: rtoledo@ifc.org
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The existing site is located at Av. Das FPLM 1884, ten minutes drive from the International Airport in the urban area of Maputo in Mozambique.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
CD - Automotive and Light Vehicle
Total: $0.44 million
440000.00
440000.00
Auto Body Grand Prix Lda
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10692/grand-prix-autobody
XM-DAC-903-SPI-10983
International Finance Corporation
ENH Equity Finance in Mozambique-South Africa Natural Gas Project
Gas was discovered in Mozambique in 1961 but due to the unstable country situation, no serious effort was made to utilize this resource till now. A project to develop the Pande and Temane gas fields and transport gas through a 890 km pipeline to South Africa has been sponsored by Sasol. ENH, the national petroleum company, is a 30% partner in the upstream unincorporated joint venture (UJV) which will develop the gas fields and the associated processing facilities. IFC has been invited to invest for a 5% shareholding in the UJV.
EMPRESA NACIONAL DE HIDROCARBONETOS E.P.
Empresa Nacional de Hidrocarbonetos (ENH),
Avenida Fernao Magalhaes 34,
P. O. Box 4787,
Maputo, Mozambique
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The gas fields and the processing facilities will be located in the Inhambane province in Mozambique. Natural gas will be transported by a 890 km pipeline to Secunda in South Africa.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AB - Oil and Gas Production (Includes Development)
Total: $18.50 million
18500000.00
18500000.00
EMPRESA NACIONAL DE HIDROCARBONETOS E.P.
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10983/enh-equity-finance-in-mozambiquesouth-africa-natural-gas-project
XM-DAC-903-SPI-20980
International Finance Corporation
SEF Merec II
Merec Industries Lda (or the company) was founded in 1998 and began producing maize meal and coconut oil in its new factory erected in the Maputo suburb of Machava in January and September 1999 respectively. In December 2000, IFC approved and signed a guarantee to help finance the construction of the wheat mill in Machava-Maputo (Project Number: 10185). The project is successful and achieved 100% of its production capacity two years ahead of appraisal projections.
Merec II is a project for the expansion of Merec Industries Ldas wheat mill processing activities in Mozambique. Merec intends to build a new wheat mill including grain storage silos in Beira, the capital of Sofala Province and the second largest city in Mozambique. A new 140tonne/24h Buhler mill and silos with storage capacity of 12,500 tonnes will be installed in new buildings, with production scheduled to begin in 2005.
Following Merecs success with the first project in Maputo, the company management decided to test the market for Merecs products in the Beira region to the north of Maputo using a portion of its output from the Maputo wheat mill plant. The good quality of the product and the reliable distribution of Africom (a distribution company owned the sponsors of Merec Industries Lda) have contributed towards the success of this experiment in Beira. Merec is now selling 12,000 tonnes of flour per year in this area but is experiencing demand for this in the South so that once the Beira project is complete there will be no problem switching back. The opportunity in Central Mozambique will be fully exploited through this expansion project.
MEREC INDUSTRIES SA
Mr. Mhamud Charania, Managing Director
Av. do Trabalho 1107,
Maputo, Mozambique
Phone: +258-1-401-850
Fax: +258-1-401-695
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The Merec II project will be located in Beira. The location in Beira, the biggest market in Mozambique, is one of the major strengths of this project in addition to the close proximity to the port. The Beira region is one of the most populated parts of the country with an abundant labor force. The site consists of two hectares of unoccupied land within the Beira industrial area. Power, water and other utilities are nearby and available.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Grain Processing (Milling, Starch, Flour, Malt)
Total: $2.39 million
2390000.00
2390000.00
MEREC INDUSTRIES SA
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/20980/sef-merec-ii
XM-DAC-903-SPI-25610
International Finance Corporation
AMSME Banco Comercial e de Investimentos, S. A. R. L.
The project is to provide a subordinated loan (the Loan) of up to $8.5 million to Banco Comercial e de Investimentos, SARL (BCI Fomento or the Bank) as part of the Africa Micro, Small and Medium Enterprise (MSME) Finance Program. The program is an institution-building initiative designed to accelerate the transfer of know-how to banks serving micro, small, and medium enterprises in sub-Saharan Africa. This will be accomplished by providing a parallel package of IFC financing and technical assistance to an eligible group of partner banks, including BCI Fomento. BCI was incorporated in January 1996 as a limited liability joint stock company. Today, BCI Fomento is a leading private sector commercial bank in Mozambique with about 20% of the banking sectors assets, 24% of customer deposits, and 28% of credit (net). Through the banks 43 branches, BCI offers a wide range of financial services to corporates and individuals across the country.
Under the Africa MSME Finance Program, this project will enable BCI to: - improve its offering to MSMEs; - improve the quality of the portfolio and its efficiency ratio by developing lending techniques better suited to large volume-MSME lending; and - increase the level of diversification of its MSME loan portfolio both in terms of sector and region, investing outside Maputo and Nampula, where its portfolio is currently concentrated. The project will allow BCI to provide much needed financing for MSMEs and will result in an increase in the volume and number of loans to MSMEs. It will also contribute to the deepening of the financial sector in Mozambique.
BANCO COMERCIAL E DE INVESTIMENTOS, S.A.
Dr. Manuel Soares Head of Treasury BCI Fomento AV.ª 25 de Setmebro 1465 Caixa Postal 4745 Tel. 00258 21353700 Fax. 00258 21313009 E-mail: msoares@bci.co.mz
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
BCI operates from 43 branches and 671 points of representation across Mozambique. The Banks headquarters is in the capital city of Maputo.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AC - Commercial Banking - Microfinance and Small Business
Total: $200.00 million
200000000.00
200000000.00
BANCO COMERCIAL E DE INVESTIMENTOS, S.A.
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/25610/amsme-banco-comercial-e-de-investimentos-s-a-r-l
XM-DAC-903-SPI-25934
International Finance Corporation
Merec Expansion
Merec Industries Lda (Merec) was established in 1998 and is today the largest wheat miller in Mozambique. IFC provided partial guarantees for the establishment of the companys first mill in 2000 and for the acquisition of a second mill in 2003.
The proposed project would allow Merec group to expand and optimise their operations through:
- the acquisition and installation of additional intake equipment at their two Maputo plants,
- the acquisition and building of warehouses and distribution center in Maputo and
- the purchase of additional trailers for ship unloading and goods distribution.
The project will eliminate bottlenecks, improving productivity and strengthening raw material procurement logistics by increasing intake capacity at the Mashava plant and Socimol to enable Merec to discharge larger volumes of wheat thereby reducing vessel wharfs waiting time. Furthermore, investments in additional distribution capacity will help the group increase its product offerings. The project will contribute to the government through increased corporate tax.
MEREC INDUSTRIES SA
Mr. Mhamud Charania, Managing Director
Av. do Trabalho 1107, Maputo,
Mozambique
Tel.+258-2-1-401-850
Fax.+258-2-1-401-695
Details of the proposed operating procedures and mitigation measures will be provided in the Environmental and Social Review Summary (ESRS) and this Summary of Project Information (SPI) which will be available to the public at the following locations:
- World Bank offices in Maputo and Beira;
- Merecs offices in Maputo
- World Bank Group Infoshop;
- World Bank Group Infoshop website at www.worldbank.org/html/pic/PIC/html
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The acquisition and building of warehouses will take place on-site, within Merecs and Socimols premises in Maputo.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Grain Processing (Milling, Starch, Flour, Malt)
Total: $7.00 million
7000000.00
7000000.00
MEREC INDUSTRIES SA
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/25934/merec-expansion
XM-DAC-903-SPI-27248
International Finance Corporation
Baobab Resources
Baobab Resources Plc (Baobab or the company) is a London-based, AIM-listed (AIM ticker BAO) junior exploration company focused on exploring and developing mineral deposits in Mozambique. The company has a total of 25 prospecting licenses in Mozambique covering a large area of 4,760 km2. The two main prospects are the Manica Project Area and the Tete Project Area. Baobabs main focus to date has been at the Manica Project Area, where the company has produced a JORC compliant copper resource with gold and silver credits. At the Tete Project Area, recent rock chip samples and aeromagnetic survey results indicate a high grade iron, titanium and vanadium system that extends over significantly great strike lengths. Baobab is seeking IFCs engagement to help with general corporate purposes, including financing the companys exploration activities in the Republic of Mozambique in line with industry best practice in environmental and social sustainability.
IFCs early involvement in Mozambiques growing mining sector will have an important demonstration effect in terms of setting environmental and social standards. IFC will assist Baobab to handle social, environmental, community development and mine closure issues in line with IFC Performance Standards on environmental and social sustainability. The proposed IFC investment will contribute to continued exploration and associated feasibility studies. The direct development impacts during the pure exploration and feasibility study stage are expected to be limited. Nonetheless, key impacts that will be monitored during the exploration and feasibility study phase will include: - employment; - consultation with stakeholders including local communities and Government; and - development of an appropriate environmental, social and community development plans for a mining exploitation project. Because the investment predates any feasibility study, it is not yet possible to fully quantify or specify the potential development impacts during production stage. Potential development impacts at the mine production stage could include: - local employment and sourcing; - taxes, royalties and other payments to the government; - technology and management skills transfer; and - setting new environmental and social benchmarks for mining operations in Mozambique. IFCs proposed investment is consistent with the World Banks Country Partnership Strategy covering the period FY08 11 that emphasizes the need for Mozambique to pursue a vision based on regional economic integration, promoting foreign direct investment and export enhancement. Extractive industries are specifically mentioned as some of the sectors that should be developed to make optimal use of the countrys natural resource base to expand export earnings and facilitate rural development, a central theme of the joint IMF-WBG Action Plan for the Reduction of Absolute Poverty.
BAOBAB RESOURCES PLC
Brett Townsend, Managing Director 49 Phillimore Street Fremantle Western Australia, 6160 Australia Telephone Number +61 8 9430 7151 Fax Number +61 8 9430 7664 Email: btownsend@baobabresources.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The Manica Project Area is in western Mozambique, close to the Zimbabwe border. The main Harare-Beira railway line passes within 10 kilometers, as does the Cabora Bassa power line, while the Chicamba hydro-electric scheme is also nearby. The major paved highway from Beira to Zimbabwe is 5 kilometers to the west, while access to the site is via a dirt road. The Tete Project Area is located immediately north of the provincial capital of Tete. The railway connecting Tete to the deep water port of Beira is being refurbished, as is the port. Power is readily available from the Cabora Bassa hydroelectric scheme with additional schemes on the Zambezi River in advanced planning stages.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
BC - Copper
Total: $5.00 million
5000000.00
5000000.00
BAOBAB RESOURCES PLC
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/27248/baobab-resources
XM-DAC-903-SPI-29163
International Finance Corporation
BCI FOMENTO-II
The project consists of a line of credit of up to $30 million to Banco Comercial e de Investimentos, SARL (BCI or the Bank), one of the largest banks in Mozambique. The projects main objective is to: (i) provide the Bank with the scarce long term funding to increase its lending activities to the underserved segments in Mozambique; and (ii) assist BCI to diversify its funding base and better manage its asset-liability maturity mismatch.
The project is a follow on investment to an existing program agreed between IFC and BCI under which IFC is providing BCI a technical assistance to transfer knowledge and know-how to the Bank and extend credit to Micro, Small, and Medium Enterprises MSMEs.
BCI was incorporated in 1996 as a limited liability joint stock company. Since then, BCI grew to become the second largest commercial bank in Mozambique with about 24% market share in terms of total assets. Through its extensive network comprising more than 90 branches, 140 ATMs and 1,200 Points of Sales, BCI offers a wide range of financial services to corporate and individual clients across the country.
The project is expected to accelerate the much-needed expansion of credit availability to the underserved markets in Mozambique, including the retail, SMEs, and individual customers. Provision of long term finance to the above segments will assist in private sector development in the country, and enable BCIs clientele to improve the quality of their lives. The Project will have a tangible impact on MSMEs access to financial services in Mozambique, thereby supporting one of GoMs key goals of reducing poverty by supporting MSMEs.
IFCs Expected Development Contribution:
IFC has a number of important contributions in this project:
As BCI grows its loan portfolio, and develop a new portfolio in retail and SMEs, the Bank will also have greater access to a more affordable and larger pool of funding resources;
Provision of finance, notably the long term funding to the above segments is crucial to foster the development of a robust private sector and a sustainable economic growth, in a poor country like Mozambique.
The investment will enable BCI to better manage its asset-liability maturity mismatch.
BANCO COMERCIAL E DE INVESTIMENTOS, S.A.
Dr. Manuel Soares
Head of Treasury
BCI Fomento
AV.ª 25 de Setmebro 1465
Caixa Postal 4745
Tel. 00258 21353700
Fax. 00258 21313009
E-mail: msoares@bci.co.mz
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
The location of the proposed project is Maputo, Mozambique. The Bank offers a wide range of financial services through its extensive network comprising more than 90 branches, 140 ATMs and 1,200 Points of Sales.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Commercial Banking - General
Total: $30.00 million
30000000.00
30000000.00
BANCO COMERCIAL E DE INVESTIMENTOS, S.A.
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/29163/bci-fomentoii
XM-DAC-903-SPI-31153
International Finance Corporation
Merec Grp Expn
Merec Industries Lda (Merec) was established in 1998 and is today the largest wheat miller in Mozambique. IFC provided partial guarantees for the establishment of the companys first mill in 2000 and for the acquisition of a second mill in 2003 followed up by a US$7 million loan in 2008 to finance the establishment pasta plant in FY2008 The proposed project would allow Merec group to expand and optimise their operations through the establishment of: a new wheat mill in the north of the country in Nacala; and a port based discharge and storage facility at the port of Maputo.
(i) Strengthening the wheat procurement logistics and improving the group''s production infrastructure; (ii) Employment creation; (iii) SME development as the company''s new projects would entail increased demand for locally produced maize and increased business for retailers; (iv) Increase domestic food production in Mozambique; (v) import substitution which will save the country foreign currency outflows; and (iv) Increased tax revenues to government
MEREC INDUSTRIES SA
Mr. Mhamud Charania, Managing Director Av. do Trabalho 1107, Maputo, Mozambique Tel.+258-21-401-850 Fax.+258-21-401-695 Website: http://www.charaniagroup.com/
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
Merecs operations are located in Maputo, Machava and Beira with the new project in Nacala. The expansion projects will take place on Merec owned and leased properties. The project sites have good access to road network.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Grain Processing (Milling, Starch, Flour, Malt)
Total: $25.00 million
25000000.00
25000000.00
MEREC INDUSTRIES SA
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/31153/merec-grp-expn
XM-DAC-903-SPI-26174
International Finance Corporation
Bakhresa Project
The Bakhresa Group, established in 1983, operates milling businesses in Kenya, Tanzania and Uganda. In December 2003, the Group was awarded the state-owned mill, GRAMIL, in Malawi through a competitive bidBakhresa Grain Milling (Malawi) or BGM Malawi. To streamline and improve its Malawian operation, Bakhresa is considering building silos for the storage of wheat at the Nacala port, MozambiqueBahkresa Grain Milling (Mozambique) or BGM Mozambique. In addition to this investment in Nacala, Mozambique, Bakhresa Group has indicated further interest with additional financing options both for Malawi and Tanzania (Said Salim Bakhresa & Company Ltd.) at a later stage.
The project will ensure significant development impact including notably jobs maintenance and creation, food provision. It will also contribute to the governments revenues, both Mozambique and Malawi, through increased corporate tax. Furthermore, the project will contribute to improve the rails operation between Mozambique and Malawi.
BAKHRESA GRAIN MILLING MOZAMBIQUE LIMITADA
Mr. Abubakar Said Bakhresa, Executive Director Mzizima Flour Mill Nyerere Road P.O. Box 2517 Dar es Salaam, Tanzania Telephone:+255-22-2861116/7 Fax: +255-22-2861140 Details of the proposed operating procedures and mitigation measures will be provided in the Environmental and Social Review Summary (ESRS) and this Summary of Proposed Investment (SPI) which will be available to the public at the following locations: - Bakhresa Mozambique in Nacala - Bakhresa Malawi in Blantyre - Bakhresa Tanzania in Dar es Salaam
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Mozambique
New silos will be erected at the port of Nacala, Mozambique with BGM Mozambique. Bakhresa has been granted a sub-concession, in May 2007, on the land for the projectby Corredor de Desenvolviemento de Norte CDN, the current Nacala port concessionaire since January 2005 for 15 years. IFC financing will also be used by BGM Malawi in Blantyre and possibly by Said Salim Bahkresa (SSB) in Dar es Salaam, Tanzania.
Location description
A description that qualifies the activity taking place at the location.
-18.2500000000 35.0000000000
AA - Grains and Beans
Total: $20.00 million
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/26174/bakhresa-project