XM-DAC-903-SII-33098 International Finance Corporation <narrative>SENAC 2 Project</narrative> The project consists of a 17 km extension (the Project) of an existing IFC project in full operation since August 2013, the 24km Dakar-Diamniadio toll road project (the Initial Project), which is considered to be a flagship Public Private Partnership (PPP) in the region. The Project aims to connect the city center of Dakar with the new Blaise Diagne International Airport (AIBD), presently under construction. The Project will be designed, built, operated and maintained by the Concessionaire under a 25 year concession contract. 1. Fostering economic development: providing reliable access from the city of Dakar to the new Dakar international airport will boost trade, tourism and economic growth; 2. Easing connectivity between Dakar and other important economic areas of Senegal; 3. Helping reduce travel times and ease congestion; 4. Allowing savings to the national budget (self-explanatory); 5. Demonstrating the replication potential of such tollroad PPP projects in Senegal and in the region (self-explanatory); 6. Job creation: the Project will create both direct and indrect jobs during the construction and operations phase. SOCIETE EIFFAGE DE LA CONCESSION DE L'AUTOROUTE DE L'AVENIR S.A. SENAC S.A. Avenue Felix Eboué/ Route des Brasseries BP 737 Dakar SENEGAL Didier Payerne ( mailto:didier.payerne@eiffage.com ) International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 SENAC S.A. Avenue Felix Eboué/ Route des Brasseries BP 737 Dakar SENEGAL Didier Payerne ( mailto:didier.payerne@eiffage.com ) Or APIX Direction Générale 52 - 54 Rue Mohamed V BP 430 CP 18524 Dakar SENEGAL Dominique Ndong ( mailto:dndongue@apix.sn ) Senegal The Project is located in Senegal. It is a 17km greenfield rural extension of the Dakar-Diamniadio toll road, from Diamniadio to the new international airport AIBD. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 E-BC - Highway Operations (Includes Toll Roads) Total: $35.22 million 35220000.00 35220000.00 SOCIETE EIFFAGE DE LA CONCESSION DE L'AUTOROUTE DE L'AVENIR S.A. <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/33098/senac-2-project XM-DAC-903-SII-33841 International Finance Corporation <narrative>Tobene Project</narrative> The Tobene project consists in the development, construction, operation and maintenance of a diesel HFO fired power plant convertible to gas operation, in Senegal. It is a greenfield plant with an installed capacity of 87.5 MW and a guaranteed capacity of 70 MW. It will be developed as an Independent Power Producer (IPP) incorporated under Tobene Power SA, selling power under a 20-year Power Purchase Agreement (PPA) to Senelec (sole offtaker for the Project). The project was awarded to Melec PowerGen on a negotiated basis by the GoS, following initial International competitive bidding in 2008. The project is expected to: - Provide base capacity addition to the main grid: the project will provide base load generation capacity of 70MW to Senegal''s interconnected system and due to its convenient location; it is also expected to add flexibility in handling electricity demand as well as to improve the system''s overall stability and reliability. The implementation of the project is critical for Senegal in order for the country to meet its fast growing electricity demand and, therefore, to solve the recurring problem of power shortages. this project will help displace some of the more expensive emergency power rental. - Promote private sector participation: The Project would be the third IPP in Senegal to be developed by the private sector. This is particularly important in the current context, in which the significant level of investments required is rapidly lagging behind. - Provide more efficient source of energy: At commissioning, the project is expected to be one of the most efficient thermal plants operating in Senegal, due to its steam turbine. Also, these MAN engine could be easily convertible to gas, which provide some flexibility to the system. TOBENE POWER SA Samer Nasr Managing Director Melec PowerGen Inc. Corporate Headquarters: Matelec group Amchit main road, Ghorfine P.O. Box: 12 Jbeil, Lebanon +961-9 620920 Ext1200 +961 9 620934 Email: mailto:snasr@melecpowergen.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Tobene Power disclosed the local ESIA in accordance with the Senegalese requirements and the document was made available to the DEEC (Department de lEnvironnement et des Etablissements Classés). Documentation including background information updates was also made available during the ESIA. The EIA and ESIA are made available with this document and for further information on the project Tobene Power should be contacted as per the details above. Senegal The plant will be built on a site located in the local community of Taiba Ndiaye (about 90 kilometers North East of Dakar, in Senegal), in the department of Tivaouane, region of Thies. The Tobene plot is part of a larger plot of land owned by Senelec, who will be sold to the project company upon finalization of the Project development phase. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 C-AD - Thermal and Steam Generation Total: $46.23 million 41400000.00 4830000.00 41400000.00 TOBENE POWER SA 4830000.00 TOBENE POWER SA <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/33841/tobene-project XM-DAC-903-SII-33844 International Finance Corporation <narrative>Societe Industrielle Agroalimentaire S.A.("SIAGRO")</narrative> IFC is considering to provide financing of up to EUR5 million to support the expansion of Societe Industrielle Agro-Alimentaire (the "Company" or SIAGRO), a Senegal-based beverage producer (mineral water, nectar juice and UHT milk)("the Project"). · Increased availability of affordable quality beverage products for consumers in West Africa. · Increased tax revenue. · Creation of a regional beverage champion. · Demonstration effect for potential new entrants in the beverage sector in the region. · Kirene is distributing its milk to schools thereby promoting nutrition and learning. · Increase stable revenue for farmers in Senegal providing fresh milk to Kirene. SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A Mr. Alexandre Alcantara, Directeur General Société Industrielle Agro-Alimentaire (SIAGRO) Av. Malick Sy Immeuble Sehran 6e étage à cote Colis Postaux Phone: + 221 33 849 56 66 Email: mailto:kirene@orange.sn International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Société Industrielle Agro-Alimentaire (SIAGRO) Av. Malick Sy Immeuble Sehran 6e étage à cote Colis Postaux Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA. IFCs website at http://www.ifc.org . Senegal SIAGRO is located near the village of Kirene, Senegal in the sub-prefecture of Thies. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 F-BA - Soft Drink Total: $6.88 million 6880000.00 6880000.00 SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/33844/societe-industrielle-agroalimentaire-s-a-siagro XM-DAC-903-SII-35175 International Finance Corporation <narrative>Cap des Biches</narrative> The proposed project, to be developed by Contour Global Cap des Biches (the Company), involves the design, construction and operation of a 53 MW Heavy-Fuel Oil fired combined cycle thermal power plant located in Rufisque (23 km east of Dakar) in Senegal. The project consists of three 16.5 MW combustion engines equipped with a 3.5 MW combined cycle / heat recovery system and a short transmission line of approximately 500 meters in length connecting the power plant to an existing adjacent substation. The Project entails the creation of a newly created Senegalese company, ContourGlobal Cap des Biches, which is wholly-owned by ContourGlobal, a global developer and operator of power generation projects. The proposed project''s positive development impact includes: (i) ensure a reliable and sustainable energy supply in light of Senegal''s urgent needs given strong demand growth and delay of other projects; (ii) reducing average energy generation costs and make power more affordable; (iii) further strengthening of private sector participation in power; and (iv) financing a highly efficient power plant which is expected to reduce fuel costs for the offtaker and the country as it displaces less efficient plants in the country. CG CAP DES BICHES SENEGAL Ludovic Pierre ContourGlobal - Directeur Project Senegal Bureau GTI - 2, Place de l''Indépendance, 3rd Floor B.P. 23607 Dakar, Senegal Telephone: +221 76 33 84 545 mailto:ludovic.pierre@contourglobal.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 ContourGlobal Bureau GTI - 2, Place de l''Indépendance, 3rd Floor B.P. 23607 Dakar, Senegal Senegal The Project is located in Cap des Biches in Rufisque (23 km east of Dakar) in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 V-AC - Heavy Fuel Oil - Thermal Power Generation Total: $9.00 million 9000000.00 9000000.00 CG CAP DES BICHES SENEGAL <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/35175/cap-des-biches XM-DAC-903-SII-38113 International Finance Corporation <narrative>CG CdB II Project</narrative> The proposed project involves the design, construction and operation of an expansion of the IFC-financed heavy-fuel-oil-fired Cap des Biches thermal power plant (see Cap des Biches, project #35175). By adding two 16.7 MW engines, total installed capacity is expected to increase from 53 MW to 86 MW. The plant also has the ability to be converted to natural gas. Once it starts operating, the project should be one of the most efficient thermal power plants in Senegal and will help meet the countrys growing electricity demand. The proposed project''s positive development impact includes: (i) ensuring a reliable and sustainable energy supply in light of Senegal''s urgent needs given strong demand growth and delay of other projects; (ii) reducing average energy generation costs and making power more affordable; (iii) further strengthening of private sector participation in power; and (iv) financing a highly efficient power plant on a fast-track basis which is expected to reduce fuel costs for the offtaker and the country as it displaces less efficient plants in the country. CG CAP DES BICHES SENEGAL Yann Beutler ContourGlobal Cap des Biches 2, place de lindépendance B.P.23607 Dakar-Ponty Sénégal Email: mailto:yann.beutler@contourglobal.com Phone: +221 78 378 72 72 International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 ContourGlobal Cap des Biches 2, place de lindépendance B.P.23607 Dakar-Ponty Sénégal Senegal The Project is located in Cap des Biches in Rufisque (23 km east of Dakar) in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 V-AC - Heavy Fuel Oil - Thermal Power Generation Total: $4.00 million 4000000.00 4000000.00 CG CAP DES BICHES SENEGAL <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/38113/cg-cdb-ii-project XM-DAC-903-SII-37808 International Finance Corporation <narrative>Tobene IPP Phase 2</narrative> table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; } The Tobene expansion project consists of an increase in the installed capacity of the existing Tobene IPP (an HFO fired power plant convertible to gas operations in Senegal) from 96 MW to 115 MW, such that under its Power Purchase Agreement with Senelec it will provide increased a minimum guaranteed capacity, from 70 MW to 105 MW, including 115 MW for the peak demand during the peak season (i.e June to October). The expansion was awarded to Tobene Power SA on a negotiated basis by the Government of Senegal following the successful completion of the existing Tobene, currently owned and operated by the same company. This project is expected to: (i) Add base load capacity to Senegal's interconnected system helping the country meet it's fast growing electricity demand, and therefore stimulate further economic growth; (ii) Add flexibility in handling electricity demand and improve the system's overall stability and reliability given its convenient location on the network; (iii) Displace some of the more expensive energy sources (i.e., rental emergency power plants and older less efficient thermal plants), and hence improve Senelec's financial situation; (iv) Provide flexibility and cleaner energy to the system as the engines are converted to gas, as this become available in the future; and (v) Support Senelec's efforts to establish a strong track record of private sector participation, as it seeks to attract new investors to the country's power sector. TOBENE POWER SA Melec PowerGen Inc Samer Nasr Managing Director +961-9 620920 Ext1200 / +961 9 620934 snasr@melecpowergen.com Corporate Headquarters: Matelec group - Anchit main road , Ghorfine - P.O Box: 12 Jbeil Lebanon International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; } Tobene Power disclosed the local ESIA in accordance with the Senegalese requirements and the document was made available to the DEEC ( Department de lEnvironnement et des Etablissements Classés ).Documentation including background information updates was also made available during the ESIA.The EIA and ESIA are made available with this document and for further information on the project Tobene Power should be contacted as per the details above.       Senegal The project is located about 90 kilometers North East of Dakar - at Taiba Ndiaye - In Senegal.  Since the early 2000s, this site had been identified by the Government of Senegal for its potential for thermal power plants development due to its great connection with the distribution network and its proximity with industrial areas and urban centers. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 V-AC - Heavy Fuel Oil - Thermal Power Generation Total: $9.85 million 750000.00 9100000.00 750000.00 TOBENE POWER SA 9100000.00 TOBENE POWER SA <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/37808/tobene-ipp-phase-2 XM-DAC-903-SII-39269 International Finance Corporation <narrative>Societe Industrielle Agro-Alimentaire S.A</narrative> table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; } IFC is considering to provide financing of up to EUR4.5 million to support the modernization of Societe Industrielle Agro-Alimentaire (the "Company" or SIAGRO), a Senegal-based beverage producer (primarily mineral water, juice drinks and UHT milk)(the Project). - Increased availability of good quality and affordable beverages. - Support to rural livelihoods through development of local fruit & milk value chains. - Direct and Indirect job creation. - SIAGRO distributes milks to schools in Dakar, Senegal, thereby promoting nutrition and learning. - Increased tax revenues. SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A Société Industrielle Agro-Alimentaire (SIAGRO) Mr. Alexandre Alcantara Directeur General + 221 33 849 56 66 kirene@orange.sn Av. Malick Sy Immeuble Sehran, Dakar http://kirene.sn/ International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; } The environmental documents will be accessible at: Société Industrielle Agro-Alimentaire (SIAGRO) Av. Malick Sy Immeuble Sehran 6 e étage à cote Colis Postaux   Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA. IFCs website at www.ifc.org .     Senegal table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; } SIAGRO is located near the village of Kirene, Senegal in the sub-prefecture of Thies. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 F-BA - Soft Drink Total: $3.28 million 3280000.00 3280000.00 SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/39269/societe-industrielle-agroalimentaire-s-a XM-DAC-903-SII-39371 International Finance Corporation <narrative>ACEP Senegal SL</narrative> p.cls-NormalWeb { margin-top:5pt; margin-bottom:5pt; text-align:justify; font-family:'Times New Roman', 'serif'; font-size:12pt; line-height:108%; margin-left:0pt; margin-right:0pt; } span.cls-DefaultParagraphFont { font-family:'Times New Roman', 'serif'; font-size:12pt; font-weight:normal; margin:0in; padding:0in; } p.cls-NormalWeb-000000 { margin-top:5pt; margin-bottom:5pt; text-align:left; font-family:'Times New Roman', 'serif'; font-size:12pt; line-height:108%; margin-left:0pt; margin-right:0pt; } table { border-collapse:collapse !important; width:100%; table-layout:fixed; border-spacing:0 !important; margin-bottom:15px; } .k-table, .k-table td, table, table td, div table, div table td {outline: 0;border: 1px solid #000;} .k-table td, table td, div table td { padding: 5px;} The project aims at supporting the growth of Union des Mutuelles Alliance de Credit et d'Epargne pour la Production (UM-ACEP) Senegal, a successful microfinance institution in Senegal, in expanding its lending operations in the agri-finance and MSME space. The proposed project consists of a local currency 4-year senior loan of up to XOF4 billion. 50% of the facility is expected to be on-lent to MSMEs in the agriculture sector.  The project includes a possible mobilization of resources from the Global Agriculture and Food Security Program (GAFSP), a multilateral mechanism to support sustainable agriculture in developing countries.   - Access to finance: The Project will enhance access to financial services to micro and small enterprises as well as the agriculture sector, which is expected to lead to job creation, income generation and inclusive growth in Senegal; - Demonstration Effect: This is IFC's first engagement with a financial cooperative in West Africa, and the project is expected to have a positive impact on the perception of the commercial viability of microfinance cooperatives in general and UM-ACEP in particular, and send a strong signal on IFC's capacity to support leading players as they promote financial inclusion. - E&S: the Project is expected to help UM-ACEP implement an E&S management system and strengthen its capacity to assess E&S-related risks, particularly in the agricultural sector. UNION DES MUTUELLES ALLIANCE DE CREDIT ET D'EPARGNE POUR LA PRODUCTION UM-ACEP Senegal Mr Mayoro LOUM Managing Director +221 33 869 75 50 Avenue Bourguiba x Blvd Dial DIOP - BP 5817 - Dakar - Senegal International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal p.cls-NormalWeb { margin-top:5pt; margin-bottom:5pt; text-align:justify; font-family:'Times New Roman', 'serif'; font-size:12pt; line-height:108%; margin-left:0pt; margin-right:0pt; } span.cls-DefaultParagraphFont { font-family:'Times New Roman', 'serif'; font-size:12pt; font-weight:normal; margin:0in; padding:0in; } table { border-collapse:collapse !important; width:100%; table-layout:fixed; border-spacing:0 !important; margin-bottom:15px; } .k-table, .k-table td, table, table td, div table, div table td {outline: 0;border: 1px solid #000;} .k-table td, table td, div table td { padding: 5px;} UM-ACEP is headquartered in Dakar, Senegal. It has a network of 16 branches and 89 sales points widely spread across Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-HA - Microfinance and Small Business - Non Commercial Banking Total: $3.42 million 3420000.00 3420000.00 UNION DES MUTUELLES ALLIANCE DE CREDIT ET D'EPARGNE POUR LA PRODUCTION <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/39371/acep-senegal-sl XM-DAC-903-SII-38748 International Finance Corporation <narrative>Polykrome SA</narrative> p.cls-Normal { text-align:justify; font-family:'Times New Roman', 'serif'; font-size:12pt; line-height:108%; vertical-align:baseline; margin-top:0pt; margin-left:0pt; margin-right:0pt; margin-bottom:.001pt; } span.cls-DefaultParagraphFont { font-family:'Times New Roman', 'serif'; font-size:12pt; font-weight:normal; margin:0in; padding:0in; } span.cls-DefaultParagraphFont-000000 { color:#000000; font-family:'Times New Roman', 'serif'; font-size:12pt; font-weight:normal; margin:0in; padding:0in; } table { border-collapse:collapse !important; width:100%; table-layout:fixed; border-spacing:0 !important; margin-bottom:15px; } .k-table, .k-table td, table, table td, div table, div table td {outline: 0;border: 1px solid #000;} .k-table td, table td, div table td { padding: 5px;}  The proposed loan of up to EUR 9 million to Polykrome SA (the Company) is to support the Companys investment program, and includes:  (i) relocating Polykromes existing  production facility to a new industrial site; (ii) purchasing additional machinery to expand its product offering; and (iii) working capital requirements (the Project). The project impacts are centered around: - Improving the company's operational practices and production efficiencies. - Building up the domestic manufacturing sector in Senegal. In addition, the proposed investment has the potential to generate market impacts by stimulating competitiveness of the domestic manufacturing industry and promoting sustainability by obtaining the first Green Building Certification with IFC's support. POLYKROME SA Polykrome SA Mr. Walid Attieh Directeur General + 221 33 889 55 55 walid.attieh@polykrome.sn 9 Rue Amadou Assane Ndoye BP 488 Dakar, Senegal http://polykrome.sn International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Polykrome SA, 9 Rue Amadou Assane Ndoye   BP 488 Dakar, Senegal   Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal  World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA.   IFCs website at www.ifc.org. Senegal p.cls-NormalWeb { margin-top:5pt; margin-bottom:5pt; text-align:left; font-family:'Times New Roman', 'serif'; font-size:12pt; line-height:108%; margin-left:0pt; margin-right:0pt; } span.cls-DefaultParagraphFont { font-family:'Times New Roman', 'serif'; font-size:12pt; font-weight:normal; margin:0in; padding:0in; } table { border-collapse:collapse !important; width:100%; table-layout:fixed; border-spacing:0 !important; margin-bottom:15px; } .k-table, .k-table td, table, table td, div table, div table td {outline: 0;border: 1px solid #000;} .k-table td, table td, div table td { padding: 5px;}  Polykrome is located in Dakar, Senegal, and will be relocating its production facilities to Sebikotane, 45 km from Dakar. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 J-AG - Paper Packaging Products (Including Boxes, Cartons, etc.) Total: $5.84 million 5840000.00 5840000.00 POLYKROME SA <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/38748/polykrome-sa XM-DAC-903-SII-40131 International Finance Corporation <narrative>Sosagrin-IBS </narrative> 0 0 0 0 0 0 0 0 0.0000 The proposed loan of up to EUR 10 million, to Société Sénégalaise Agro-Industrielle (Sosagrin) and Industrie des Boissons du Sénégal (IBS) (together with Sosagrin the Borrowers), is to support the Borrowers investment program, and includes: (i) acquiring a new greenfield site and building new production and warehouse facilities; (ii) expanding production capacity; (iii) implementing a packaging recycling program; and (iv) working capital requirements. The project impacts are centered around: - Sustainability, especially through Sosagrin's envisioned glass recycling program. - Employment, whereby the Project is expected to create 100-200 new direct jobs. - The Companies stakeholders, namely their (i) distributors/buyers through increased sales volumes, and (ii) local suppliers through increased purchases. Moreover, the proposed investment has the potential to generate market impacts by encouraging systemic changes to existing markets that deliver development impact by increasing sustainability in Senegal, through demonstration and replication channels. SOSAGRIN-IBS Sosagrin Mr. Rouda El Sahili General Manager +221 33 832 18 88 rsahili@sosagrin.com Rue n.6, Km 4,5 Bd du CC de Dakar BP 21434 Dakar Senegal 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 The environmental documents will be accessible at: Société Sénégalaise Agro-Industrielle (SOSAGRIN) Rue no6, Km 4,5 Bd du CC de Dakar BP 21434 Dakar Sénégal Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA. IFCs website at www.ifc.org Senegal The 27,000-sq. meter new project site is in Diamniadio, Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 F-BA - Soft Drink Total: $11.68 million 11680000.00 11680000.00 SOSAGRIN-IBS <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/40131/sosagrinibs XM-DAC-903-SII-38959 International Finance Corporation <narrative>SS Senegal Project</narrative> The project consists of the development, financing, construction, operation and maintenance of two greenfield, solar photovoltaic power plants in Senegal: i) a 44 MWp (35 MWAC) plant in the Kaolack region, 200 kilometers southeast of Dakar (the Kahone plant); and ii) a 35 MWp (25 MWAC) plant in the Diourbel region, 190 kilometers east of Dakar (the Touba plant). The electricity generated by the plants will be sold to Senelec, the state-owned power utility, under separate 25-year Power Purchase Agreements. The Kahone plant will be connected to the national grid via a 300-meter underground transmission line. The Touba plant will be connected to the national grid via a 3-kilometer transmission line. 1) Stakeholder effects: The project is expected to improve reliability of supply and reducing the average cost of generation. The investment adds 79 MWp of power generation capacity to the electricity grid, sourced at competitive tariffs. The additional capacity substitutes costly thermal capacity based on imported fuels and emergency plants. 2) Environmental and social effects: Displacement of current and future thermal power generation by solar would result in reduced carbon emissions and pollution and contribute to climate change mitigation. 3) Market creation: By supporting the first IPPs procured under the Scaling Solar framework, the Project demonstrates a competitive replicable model to scale solar PV in Senegal, that also contributes to establishing a low tariff benchmarks. SCALING SOLAR SENEGAL Meridiam West Africa SAS Mr. Karim Ndiaye Investment Director +221 33 889 54 42 k.ndiaye@meridiam.com Immeuble la Rotonde - Rue Amadou Assane Ndoye Angle Rue St Michel, BP 4887 Dakar, Senegall www.meridiam.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   Meridiam West Africa SAS, Immeuble la Rotonde Rue Amadou Assane Ndoye Angle Rue St Michel, BP 4887 Dakar, Senegal Senegal The Kahone plant will be located near the town of Kahone in Kaolack region in Senegal, approximately 200 kilometers southeast of the capital city, Dakar. The Touba plant will be located near the town of Touba in Diourbel region, approximately 190 kilometers east of Dakar. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 V-BF - Solar - Renewable Energy Generation Total: $7.67 million <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/38959/ss-senegal-project XM-DAC-903-SII-40942 International Finance Corporation <narrative>Senegal Societe de Transformation des Legumes</narrative> The proposed investment consists of a 3.5 million A-loan from IFC for its own account. In addition, IFC as implementing entity of the Private Sector Window of the International Development Association (IDA PSW) is expected to provide a 3.5 million IDA PSW-loan (blended concessional finance co-investment) to support Société Africaine dIngrédients S.A. (SAF Ingredients or the Company), a French-Senegalese joint venture, in the development of a 18 million greenfield onion dehydration plant and 760-hectare nucleus farm near St Louis in Senegal. The A loan and the IDA PSW loan would be for capital expenditures and permanent working capital. The project entails decommissioning an existing onion dehydration plant (newly built in 2003 and closed in 2014) near Dijon, in France, and SAF Ingredients purchasing it for relocation to St. Louis. As the sponsor of the project, Dijon Céréales (a French agricultural cooperative) will manage the transfer of the plant with the technical support of Biaugeaud (a French engineering company), setting up the nucleus farm, and operating the plant in Senegal (the Project). This would be the first industrial-scale dehydration plant of its kind (no direct exposure of onions to the heat source) located in West and Central Africa. Stakeholders - suppliers (commercial farmers & smallholder farmers). IFC expects the Project will increase market access for onion farmers and help raise their productivity. Economy-wide impacts - IFC expects the project will create 70 permanent and 20 temporary jobs at the factory and 50 direct and 200 seasonal jobs at the nucleus farm. In addition, the Project will build specialized skills regarding quality, food safety and maintenance in large, commercial and professionally-run, food processing operations, and raise standards by formalizing and structuring the onion supply chain with offtake contracts, price guarantees, and quality requirements. SOCIETE AFRICAINE D'INGREDIENTS SAF Ingredients Mr. Emmanuel Biaugeaud Directeur General + 33 (0) 557 102 810 evd@biaugeaud.com Km3, Route de Diana, St Louis, Senegal 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 St-Louis, Senegal Senegal The Project is located in the Gandiolais region in the Senegal River Valley, approximately 20 km from St. Louis and 275 km from Dakar in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 A-AF - Fruits and Vegetables Total: $11.03 million 130000.00 10900000.00 130000.00 SOCIETE AFRICAINE D'INGREDIENTS 10900000.00 SOCIETE AFRICAINE D'INGREDIENTS <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/40942/senegal-societe-de-transformation-des-legumes XM-DAC-903-SII-42507 International Finance Corporation <narrative>Ceramic Tile AF</narrative> IFC will provide a financial package (consisting of both debt and equity) to Brightstar Investment Limited (Brightstar or the Company) or its direct parent company (yet to incorporated), to finance its capital expenditure program to (i) expand an existing ceramic tiles manufacturing plant in Ghana and (ii) construct/finalize completion of five greenfield ceramic tiles manufacturing plants one each in Senegal, Cameroon, Mozambique, Zambia and Democratic Republic of Congo. The most significant expected Project-level outcomes are economy-wide and employment effects, and skills development. Beyond the Project, IFC anticipates that the Project will have a strong effect in integration via increasing manufacturing complexity; and of integration in the regional manufacturing sector by linking various production hubs across the sub-Saharan Africa region to Sunda's extensive distribution and dealership network in the region. TILEMASTER INVESTMENT LIMITED Twyford (Senegal) Ceramics Co.,Ltd Armin Zheng Managing Director +221771304010 armin@sunda.com Mermoz meteo, lot 10, Dakar, Senegal http://www.twyfordtile.com/senegal.html 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                     Mermoz meteo , lot 10, Dakar, Senegal                     Senegal  The facilities will be built in the below locations: Ghana Factory: In Shama District.   Senegal Factory: Near Dakar. Cameroon Factory: Near Douala. DRC Factory: Near Maluku Bonded Zone. Mozambique Factory: Near Maputo Beluluane Industrial Park. Zambia: In multi-functional economic zone in the southern Lusaka Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 H-BC - Pottery, Ceramic, and Plumbing Fixtures (Including Kitchenware) Total: $142.00 million 115000000.00 27000000.00 115000000.00 TILEMASTER INVESTMENT LIMITED 27000000.00 TILEMASTER INVESTMENT LIMITED <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/42507/ceramic-tile-af XM-DAC-903-SII-43641 International Finance Corporation <narrative>RFF ACEP Senegal SL II</narrative>  The proposed project is an investment of up to US$10 million equivalent in XOF in the form of a 5-year senior loan to Union des Mutuelles Alliance de Crédit et d'Epargne pour la Production (UM-ACEP) Senegal, aiming at supporting a successful microfinance institution in Senegal expand its lending operations in the rural finance and MSME space.   The project is part of the Phase I of IFCs Rural Finance Facility (RFF), a platform program being developed by IFC aiming to support financing of micro, small and medium enterprises (MSMEs) in rural areas, including agri-MSMEs, smallholder farmers (SHFs) and rural value chain operators in FCS and low-income IDA countries, in Africa and the Middle East. The RFF program will be implemented in 2 distinct phases: Phase I will identify and support partner financial institutions (PFIs) with an interest in rural finance, and Phase II will focus on supporting farmer cooperatives across multiple value chains to roll-out digitally-enabled finance through partner financial institutions. - Project Outcomes Stakeholders effects: improved access to finance for MSMEs, rural/agri MSMEs - in the context of bridging finance gap for MSMEs (incl. WMSMEs and agri-MSMEs located in rural areas) by deploying (i) its products and services and (ii) access to scarce medium- to long-term finance. - Contribution to Market Creation Inclusiveness: by demonstrating to other FIs the viability of product offerings and digital channels that meet the funding needs of rural and agri MSMEs in remote locations. UNION DES MUTUELLES ALLIANCE DE CREDIT ET D'EPARGNE POUR LA PRODUCTION UM-ACEP Senegal Daouda Fall CEO +221 33 869 75 50 / 869 75 65 dfall@acepsenegal.com Avenue Bourguiba x Blvd Dial Diop BP 5817 Dakar - Senegal www.acepsenegal.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal  UM-ACEP is headquartered in Dakar, Senegal. It has a network of 19 branches, and a total of 89 sales points widely spread across Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-AC - Commercial Banking - Microfinance Total: $14.00 million 14000000.00 14000000.00 UNION DES MUTUELLES ALLIANCE DE CREDIT ET D'EPARGNE POUR LA PRODUCTION <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/43641/rff-acep-senegal-sl-ii XM-DAC-903-SII-45637 International Finance Corporation <narrative>Industrie des Boissons du Senegal</narrative>  The proposed loan of up to 9 million (the IFC Loan) to Industrie des Boissons du Sénégal (IBS or the Borrower), a still and carbonated soft drinks (CSD) processing company, is to support the Borrowers investment program and includes: (i) expanding production capacity; (ii) implementing a packaging recycling program; (iii) Green building standards and certification, and (iv) working capital requirements. The expected impacts are likely to center around: Consumers: Consumption of sugar-dense beverages (both CSD and juices) is associated with the negative nutritional outcomes for the consumers. The impacts could be mitigated by exploring reformulation or shifting production towards healthier choices. Direct and indirect employment: The Project is expected to generate 130 direct jobs and expand its local distribution and storage facilities to support small shops/kiosks (traditional trade). Environment: IBS will promote recycling, hence reducing the related carbon footprint and waste. There may be scope for market impacts along this dimension in the FMCG market in Senegal. INDUSTRIE DES BOISSONS DU SENEGAL Industrie Des Boissons du Senegal Rouda El Sahili CEO +221 33 832 92 92 rsahili@ibsenegal.com Rue 6, Km 4,5 Bld du Centenaire de la Commune de Dakar Dakar - Sénégal https://www.ibsenegal.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   The environmental documents will be accessible at: Industrie des Boissons du Sénégal Rue no 6, Km 4,5 Bd du CC de Dakar BP 21434 Dakar Sénégal   Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal   World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA. IFCs website at www.ifc.org                                                                             Senegal           The 52,000-sq. meter new project site is in Diamniadio, Senegal.                                          Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 F-BA - Soft Drink Total: $10.49 million 10490000.00 10490000.00 INDUSTRIE DES BOISSONS DU SENEGAL <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/45637/industrie-des-boissons-du-senegal XM-DAC-903-SII-46721 International Finance Corporation <narrative>Sococim Low Carbon Cement</narrative>  The proposed investment is a debt facility to Sococim Industries( Sococim, Company or the Borrower), the largest integrated cement manufacturer in Senegal to fund a partial replacement and modernization at its existing facility near Dakar, Senegal. Sococim is a subsidiary of Vicat S.A, (Vicat, Sponsor, or the Guarantor), an existing and strategic client for IFC, and one of the top global cement makers. IFCs facility will enable Sococim to replace and modernize part of its existing capacity with a modern fuel-efficient kiln (the Project) with Best Available Technology. Further, the Project will enable the Company to replace all of its clinker imports.                                                    The most significant expected project-level outcomes are economy-wide and environmental effects. Beyond the Project, IFC expects the project will contribute to improve the sustainability of cement production in West Africa through dissemination of production processes compliant with the most demanding sustainability international standards; and increased availability of low carbon fuels. SOCOCIM INDUSTRIES Sococim Industries Youga Sow CEO +221338398888 four6@sococim.sn Km 33 ancienne route de Thiès, Rufisque Sénégal. http://www.sococim.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   Km 33 ancienne route de Thiès, Rufisque Sénégal.                                                                                                                  Senegal  Sococim is located in Rufisque on the outskirts of Dakar. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 H-AA - Cement Total: $124.31 million 124310000.00 124310000.00 SOCOCIM INDUSTRIES <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/46721/sococim-low-carbon-cement XM-DAC-903-SII-46764 International Finance Corporation <narrative>SOCIETE INDUSTRIELLE AGRO ALIMENTAIRE S.A. 3</narrative>   The proposed loan of up to 8.3 million (the IFC Loan) to SIAGRO S.A. (the Company, the Borrower or Kirene), a still and carbonated soft drinks (CSD) processing company, is to support the Borrowers investment program and includes: (i) expanding production capacity; (ii) Green building standards and certification, and (iv) working capital requirements. The project is expected to be supported by the Canada-IFC Blended Climate Finance Program (BCFP), as described in the Blended Finance Section. The expected impacts are likely to center around: Strengthen downstream linkages: Kirene distributes its products through about SME wholesalers and semi-wholesalers in Senegal, which it actively supports with its own sales team and promotional / marketing materials. Economy-wide effects: By increasing production capacity, the Project will create direct and indirect jobs, as well as incremental value added. Consumers: Consumption of sugar-dense beverages (both CSD and juices) is associated with the negative nutritional outcomes for the consumers. The impacts could be mitigated by exploring reformulation or shifting production towards healthier choices. Environment: The project will promote recycling and, hence reduce the related carbon footprint and plastic waste. Kirene will promote recycling, hence reducing the related carbon footprint and waste. There may be scope for market impacts along this dimension in the FMCG market in Senegal. SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A Société Industrielle Agro-Alimentaire (SIAGRO) Mr. Alexandre Alcantara Directeur General + 221 33 849 56 66 kirene@orange.sn 6e étage à cote Colis Postaux www.kirene-groupe.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   The environmental documents will be accessible at: Société Industrielle Agro-Alimentaire (SIAGRO) - Av. Malick Sy Immeuble Sehran , 6e étage à cote Colis Postaux   Public Information Center, The World Bank Senegal Country Office, Corniche Ouest X Rue Leon Gontran Damas, Dakar, Senegal   World Bank Group InfoShop at 701 18th Street N.W., Washington D.C, USA. IFCs website at www.ifc.org Senegal   SIAGRO is located near the village of Kirene, Senegal in the sub-prefecture of Thies.    Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 F-BA - Soft Drink Total: $7.35 million 100000.00 7250000.00 100000.00 SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A 7250000.00 SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/46764/societe-industrielle-agro-alimentaire-s-a-3 XM-DAC-903-SII-42808 International Finance Corporation <narrative>BHS Senior Loan</narrative> The Project consists of a multi-phase investment package in the amount of US$38.5 million to Banque de lHabitat du Senegal (BHS or the Bank), the leading housing finance bank in the country, to increase access to mortgages for low to middle income families and support developers to build more green and affordable houses. The first phase of the project consists in a debt instrument and subsequent investments might include debt, equity or quasi-equity instruments, to be decided upon and approved at a later date. The use of proceeds is earmarked for affordable housing retail mortgages and/or lending to developers. Assessment of Project Outcomes Stakeholder effects Increased access to mortgage finance for homebuyers: Currently, the housing gap is estimated to be around 633,800 housing units. To ease the existing housing gap in the market by making housing finance more accessible, BHS intends to increase its mortgage portfolio for low to middle-income households. Stakeholder effects Increased access to developer finance for green and affordable housing: Senegals housing deficit is projected to grow by around 12,000 housing units per year or about 181,000 additional units by 2030. The proposed IFC funding and advisory services will help BHS increase access to funding to developers operating in the affordable segment. The Project seeks to increase affordable housing units over at least five green-certified projects over the next seven years. Assessment of Project Outcomes Competitiveness: By building upon the current regulatory work by the Government of Senegal and the World Bank Group to ease the constraints to develop the housing sector in Senegal and by offering synchronized financing for both supply- and demand-side players to BHS, the Project provides a replicable housing finance model that could trigger a significant shift in the underdeveloped housing market in Senegal. This is expected to send a positive signal to the market regarding the commercial viability of the affordable housing segment. IFC expects other Banks to enter the housing finance market, particularly focusing on the untapped lower end of the commercial market spectrum. BANQUE DE L'HABITAT DU SENEGAL S A Banque de lHabitat du Senegal Mamadou Bocar Sy CEO +2213383933453 contact@bhs.sn Boulevard Général De Gaulle BP.229 Dakar, Senegal https://www.bhs.sn/ International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Dakar, Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-EA - Primary Mortgage Institutions Total: $20.00 million <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/42808/bhs-senior-loan XM-DAC-903-SII-46231 International Finance Corporation <narrative>MADIBA Project</narrative> The proposed IFC investment seeks to support Institut Pasteur de Dakar (IPD, the Company or the Sponsor) scale up vaccine production capacity in Africa and manufacture up to 300 million doses of vaccines per year. This will be achieved through the construction of a multi-vaccines plant in Diamniadio, Senegal providing for drug substance manufacturing and fill & finish capacities (the Project). The project is expected to be supported by the IDA20 Private Sector Window Blended Finance Facility (IDA PSW BFF) as described in the Blended Finance Section.                                                    The Project is expected to help address the critical supply gap of vaccines in Africa as it creates additional manufacturing capacities and is expected to contribute to meeting the continents future needs for vaccines. The Project is expected to help strengthen the future resilience of the region health systems and supply chain and reduce the continent dependence on imports. Vaxsen SASU Institut Pasteur de Dakar Mohamed P. Ndiaye Senior advisor for strategy, planning & financing +221338399200 mohamedpenda.ndiaye@pasteur.sn 36, Avenue Pasteur, Dakar, Senegal https://www.pasteur.sn/ 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 Institut Pasteur de Dakar , 36, Avenue Pasteur, Dakar, Senegal Senegal The Project is located in Diamniadio, Senegal.                                                    Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 other Total: $27.00 million 27000000.00 27000000.00 Vaxsen SASU <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/46231/madiba-project XM-DAC-903-SII-46485 International Finance Corporation <narrative>Sonatel Senegal</narrative> The proposed IFC financing consists of: (i) A senior, unsecured loan comprising an A Loan in the amount of up to 37 million equivalent in local currency to the Company, for IFCs own account, and B1 Loan under IFCs standard B Loan program and/or Parallel loans to the Company mobilized or Parallel loans, for the account of participants or Parallel lenders, in the amount of up to 50 million equivalent in local currency to be structured as Sustainability-Linked Financing (SLF); and (ii) an up to XOF25 billion (approximately 38 million equivalent) investment in an up to XOF75 billion (approximately 114 million equivalent) of tranche C1 and tranche C2 XOF-denominated asset-backed securities (ABS or Securitization), issued by a Fonds Commun de Titrisation de Créances (FCTC). IFC will act as an anchor investor and subscribe to up to 33.3 percent of the total issuance across the two tranches. The project is expected to be supported by the IDA20 Private Sector Window Local Currency Facility (IDA20 PSW LCF) as described in the Blended Finance Section.                                              The most significant expected project-level outcomes are derived from increased access to quality digital connectivity for individuals and businesses, by supporting broadband network expansion and upgrade through investment in core network, transmission and IP infrastructures in Senegal, as well as a potential cross-border acquisition. Further, the Project is also expected to increase access to digital literacy and skills training for individuals by supporting the expansion of a series of digital training and skills development programs that have the potential to enable higher access to and usage of the Internet by individuals, including women, youth and tech entrepreneurs in Senegal. Beyond the project, the main sources of Market Creation impact are derived from stronger integration of capital markets in West Africa by strengthening financial market linkages via demonstration and replication of an innovative instrument. This transaction is introducing, for the first time in the region, a securitization instrument to mobilize resources at scale for the telecom sector. A successful issuance of the securities is expected to demonstrate its effectiveness in the telecom sector and induce replication by other operators, thereby contributing to deepening capital markets across the target countries, especially in Senegal. This investment also has the potential to sustain the competitiveness of the market for mobile connectivity across the target countries, especially in Senegal, by supporting further expansion of high-speed mobile internet by a large player. SONATEL SA Sonatel S.A Cheikh Medoune SYLLA Head of Finance +221 77 638 80 30 sylla.medoune@orange-sonatel.com Voie de Dégagement Nord (VDN), cité keur Gorgui, Dakar, Sénégal www.sonatel.sn 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 S ONATEL Adress : Voie de Degagement Nord (VDN), cité keur Gorgui , Dakar, Senegal                                   Webpage : www.sonatel.sn Telephone : + 221 77 638 80 30 Senegal                  Senegal                                   Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 N-AC - Mobile Telephony Total: $81.87 million 81870000.00 81870000.00 SONATEL SA <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/46485/sonatel-senegal XM-DAC-903-SII-47254 International Finance Corporation <narrative>Summa Constr.</narrative> Summa Turizm Yatirimciligi A.S. (Summa, or the Company) is a Turkish contractor operating in 15 countries with a strong focus on Africa. Summa has four lines of business: (i) turn-key construction projects, (ii) investment projects such as shopping centers, hospitals, hotels etc., (iii) build-operate-transfer (BOT) and public private partnership (PPP) concessions/schemes, mainly for airports and hospitals and (iv) mining investments. The project entails financing of (i) a hotel investment in Senegal, and (ii) Summas working capital and capex need for its construction projects in African countries acceptable to IFC (the Project). Project-level: (i) stakeholder effects: The Project is expected to create positive impact on (a) employees mainly through recruitment, and training, (b) suppliers via development of local supply chains for construction materials and technical services, and (c) customers via increased access to quality construction services in the target countries. (ii) economy-wide effects: The Project is expected to create jobs and economic value-add during construction and operational phases, as well as indirect effects across the construction services supply chain. Market impact: The Project is expected to contribute to competitiveness through support of a leading regional construction company to modernize, develop internal capacities, and expand its application in new geographies across the Sub-Saharan Africa. SUMMA TURIZM YATIRIMCILIGI AS Summa Halil Keskin Project & Corporate Finance Director +90 506 651 08 73 halil.keskin@summa.com.tr halil.keskin@summa.com.tr https://www.summa.com.tr/ 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                           Contact Person: Engin Bilgiç Company Name: Summa Construction Senegal SARL Address: Diamniadio Prolongement Autoroute A peage pres du CICAD Dakar / Senegal Email: engin.bilgic@summa.com.tr Phone: +221 77 106 99 86 Facsimile: N/A                                                                                                                                   Senegal   The hotel will be located in Diamniadio, Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 other Total: $56.81 million 56810000.00 56810000.00 SUMMA TURIZM YATIRIMCILIGI AS <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/47254/summa-constr XM-DAC-903-SII-50290 International Finance Corporation <narrative>Sococim Low Carbon Cement II </narrative>  The proposed investment is a debt facility to Sococim Industries (Sococim, Company or the Borrower), the largest integrated cement manufacturer in Senegal to fund working capital and additional capital expenditures related to kiln modernization at its existing facility near Dakar, Senegal. Sococim is a subsidiary of Vicat S.A, (Vicat, Sponsor, or the Guarantor), an existing and strategic client for IFC, and one of the top global cement makers. IFCs facility will enable Sococim to replace and modernize part of its existing capacity with a modern fuel-efficient kiln (the Project) with Best Available Technology. Further, the Project will enable the Company to replace all of its clinker imports.                                                   The most significant expected project-level outcomes are climate change mitigation and economy-wide effects. IFC expects the Project to contribute to the improved sustainability of cement production in West Africa through the dissemination of production processes compliant with the most demanding international sustainability standards and through the increased availability of less polluting alternative fuels. SOCOCIM INDUSTRIES Sococim Industries Elhadji Seck CEO elhadji.seck@sococim.sn Km 33 ancienne route de Thiès, Rufisque Sénégal http://www.sococim.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   Km 33 ancienne route de Thiès, Rufisque Sénégal.                                                                                                                                                                                                                      Senegal  Sococim is located in Rufisque on the outskirts of Dakar.                                                                                                     Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 H-AA - Cement Total: $316.91 million 316910000.00 316910000.00 SOCOCIM INDUSTRIES <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/50290/sococim-low-carbon-cement-ii XM-DAC-903-SII-49731 International Finance Corporation <narrative>COUVOIR AMAR</narrative>   Couvoir Amar (CA) and Africaine de Production Animale (APRAN) (collectively referred to as the Companies or COUVOIR AMAR) aim to integrate the value chain through the establishment of an animal feed plant, additional breeder farms, and chicken broiler facilities. The project will focus on improving feed production and broiler farming efficiency.                                                  The proposed investment is aligned with IFCs strategic approach to Agribusiness. It will enhance food and nutrition security by improving access to poultry products in Senegal. The Project is also expected to contribute to the surrounding community through the new jobs created to operate the expanded facilities and along the poultry supply chain. Project level outcomes: (i) Stakeholder (farmers) - increased farmers access to poultry inputs such as DOCs and feeds to improve productivity; (ii) Stakeholder (consumers) - contribute to food security by increasing the volume of protein-rich poultry products sold to consumers and improving dietary diversity of households in Senegal and (iii) Economy wide effects - increased value addition and direct job creation along the poultry value chain. Beyond the Project, IFC expects the investment to contribute to increasing competitiveness of the sector in Senegal. COUVOIR AMAR Couvoir Amar and Africaine de production danimale Serigne Amar CEO of Couvoir Amar +221 784511204 serigne.amar@couvoiramar.com Keur Massar, Cité Nouvelle Destination villa N°39 Près de la station Shell. www.couvoiramar.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   www.couvoiramar.com                                                                                                     Senegal The companys headquarters are in Keur Massar, Senegal. All company activities are located in the Thies region, and the new feed mill will specifically be based in the Special Economic Zone of Diass. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 A-BB - Poultry Farming Total: $5.68 million 5680000.00 5680000.00 COUVOIR AMAR <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/49731/couvoir-amar XM-DAC-903-SII-50240 International Finance Corporation <narrative>MFP-SME BIS</narrative> The proposed investment consists of an unsecured sharia facility of up to EUR40 million with a up to 5-year tenor to support the only Islamic bank in Senegal, Banque Islamique du Senegal (BIS or the Bank). The funds will enable the Bank to provide sharia compliant financing to micro, small and medium enterprises (MSMEs) (The Project). The Project is a unique opportunity to enhance financial inclusion for underserved MSMEs in Senegal, an IDA country, where Islamic finance remains underdeveloped despite a Muslim population of 96%. The Project aims to increase access to finance for MSMEs in Senegal. Senegal also has many entrepreneurs linked to religious communities who operate informally due to a lack of financial services aligned with their beliefs. Islamic banking offers an alternative for these underserved businesses, which are often excluded from the traditional banking system. Expanding access to finance for such segments, can foster social cohesion, self-sufficiency, and long-term sustainable development while promoting formal job creation. Banque Islamique du Senegal Banque Islamique du Senegal Mouhamadou Matar Diop Head of Treasury and ALM +221 33 849 62 62 contact@bis-bank.sn Almadies Zone 12, niveau rond-point, face route King Fahd, Dakar-Sénégal bis-bank.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project is located in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-AH - Commercial Banking - SME Finance Total: $40.00 million 40000000.00 40000000.00 Banque Islamique du Senegal <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/50240/mfpsme-bis XM-DAC-903-SII-50059 International Finance Corporation <narrative>EDK Expansion</narrative> The proposed IFC investment seeks to support EDK Group (EDK or the Group) expand its grocery retail business, Low Price, and refinance part of its existing debt to improve its capital structure (the Project). The Project is expected to be supported by the IDA[20] Private Sector Window Local Currency Facility (IDA PSW LCF) as described in the Blended Finance Section. The Project is expected to increase consumers access to modern retail formats including in less served areas of Senegal, outside Dakar. The Project will also have beneficial effects on suppliers and various positive economy-wide effects, including job creation and value addition. EDK Groupe Groupe EDK SA M. Mamour Guiro Deputy CEO +221 338207302 mamour.guiro@edkoil.com 78 M Cité Magistrats Lotissement CICES Foire, Dakar, Senegal www.groupe-edk.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   -                                                                                                     Senegal The Project is located in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 other Total: $28.28 million <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/50059/edk-expansion XM-DAC-903-SII-50682 International Finance Corporation <narrative>CarMed Project</narrative> The proposed IFC investment seeks to support Carrefour Medical (CM or the Company) increase supply capacity, complete its headquarter with technical and training centers for equipment maintenance and technical engineers, and put in operation its recently built dialysis kit production plant (the Project). The Project is expected to be supported by the IDA[20] Private Sector Window Local Currency Facility (IDA PSW LCF) and Blended Finance Facility (IDA PSW BFF) as described in the Blended Finance Section.                                                    The Project is expected to improve access to medical equipment and consumables thus improving healthcare outcomes for patients. The Project is also anticipated to create employment opportunities for skilled labor in medical consumables manufacturing, and equipment distribution and servicing. The Project will help demonstrate efficiencies achieved through vertical integration of medical consumable production. Carrefour Medical Carrefour Medical SA Mme. Aicha Seck Director, Partnerships & Projects +221 338690440 aicha@cosemad.sn N°229 Entrée CICES VDN-Foire BP 11755 Peytavin, Dakar, Senegal https://cosemad.sn/carrefour-medical/ International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Joint Stock Company Bank of Georgia 3 Pushkin Street, Tbilisi 0105, Georgia Senegal The Project is located in Senegal.                                                            Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 other Total: $27.47 million 27470000.00 27470000.00 Carrefour Medical <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/50682/carmed-project XM-DAC-903-SII-51405 International Finance Corporation <narrative>Kera Health Platform-Seed</narrative> IFC is considering an equity investment in Senegalese AI healthcare startup KERA Health Platforms (KERA or Company). Launched in 2023, KERA offers a multitude of products for stakeholders in the healthcare ecosystem. IFC's investment in KERA health is expected to support the growth of the Company's digital products in Senegal. At the project level, the Project is expected to expand access to quality health services and coverage in Senegal, particularly targeting underserved populations such as informal workers and women. This is anticipated to reduce out-of-pocket health expenditures and improve service quality through faster payments and embedded healthcare services, enabled by AI. At the market level, the project is expected to contribute to the growth of Senegal's AI ecosystem and stimulate innovation in the health insurance sector, thereby encouraging broader adoption of digital, quality-enhancing solutions, beyond the Company. Kera health Platforms Inc. Kera Health Platforms, Inc. Moustapha Cissé Chief Executive Officer +221338569793 contact@kera.health Immeuble Diari, 7357 - Sicap Mermoz VDN , 4th Floor Dakar, Senegal www.kera.health 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 Senegal Keras operating headquarter is in Dakar, Senegal. Senegal is currently Keras primary market, however the company seeks to expand to member countries of the West African Economic and Monetary Union. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 other Total: $10.00 million 10000000.00 10000000.00 Kera health Platforms Inc. <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> 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/51405/kera-health-platformseed XM-DAC-903-SII-50300 International Finance Corporation <narrative>DCM BAOBAB SN Bond</narrative> The proposed project consists of an anchor investment of up to XOF5 billion (US$8.4 million equivalent) in Baobab Senegal (BBSN)s Sustainable Bond Issuance (XOF20 billion or about US$33.7 million), the first from the private sector in the WAEMU. This investment will take the form of an unfunded risk participation for the African Local Currency Bond Fund Limited SICAV-RAIF (ALCBF or the Fund), a dedicated pan-African structured debt fund and an IFC client that will invest on IFC's behalf. At least 40 percent of the Bond proceeds will support women-owned/led MSMEs (WMSMEs) (the Project). Despite the unfunded participation through ALCBF, IFC will have direct recourse to BBSN in the event of a material policy breach. The most significant, expected Project-level outcome is the expansion of access to finance for MSMEs including WSMEs in Senegal which is particularly challenging for MSMEs. Beyond the project-level outcomes, IFC anticipates that this Project will contribute to market creation as through financial integration, by supporting the first private sector sustainable bond in the WAEMU capital market at a 5-year tenor and could potentially serve as a demonstration of the use of local capital markets to raise long-term local currency funding for impact intensive assets. BAOBAB SENEGAL Baobab Senegal Serigne Bamba Mbacke Diop Deputy Managing Director bdiop@baobab.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project will support Baobab Senegal in its operations in Senegal.                                                    Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-HA - Microfinance and Small Business - Non Commercial Banking Total: $8.72 million 8720000.00 8720000.00 BAOBAB SENEGAL <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/50300/dcm-baobab-sn-bond XM-DAC-903-SII-49038 International Finance Corporation <narrative>PAMECAS Investment</narrative> The proposed Project aims to support a Senegalese microfinance institution, Union des Mutuelles du Partenariat pour la Mobilisation de lÉpargne et du Crédit Au Sénégal (PAMECAS or the MFI), with an agricultural risk sharing facility (RSF) of up to US$7 million equivalent whereby IFC will guarantee up to 70 percent of an up to US$10 million equivalent portfolio of eligible loans from smallholder farmers, cooperatives and agri micro, small and medium-sized enterprises (MSMEs). The investment will be tranched with the first tranche covering a c.US$1 million portfolio, with up to US$0.7m loss coverage.                                                    The most significant expected project-level outcome is an increased access to finance for agri-MSMEs, including agri-WMSMEs (Women-owned MSMEs). Agricultural finance remains severely constrained in Senegal. Most formal financial institutions view the sector as high-risk due to challenges such as income variability, poor collateral frameworks, weather-related risks, and limited availability of financial data. These constraints are especially pronounced among female entrepreneurs, who have more limited access to bank financing than their male counterparts. Beyond the project-level outcomes, IFC anticipates that this Project will promote greater market resilience of Senegals agricultural value chain via the demonstration and replication channels, serving as proof of the commercial viability of lending to the agricultural sector. UNION DES MUTUELLES DU PARTENARIAT POUR LA MOBILISATION DE L'EPARGNE ET DU CREDIT AU SENEGAL Union des mutuelles du partenariat pour la mobilisation de l'Epargne et du crédit au Sénégal Ababacar Toure Deputy CEO +221774500474 atoure@pamecas.sn UM PAMECAS, Sicap Baobab, N°565, BP:15354 Dakar Fann https://pamecas.sn International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project is located in The Republic of Senegal.                                                    Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-AC - Commercial Banking - Microfinance <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/49038/pamecas-investment XM-DAC-903-SII-47434 International Finance Corporation <narrative>GTFP ATRI CORIS SENEGAL</narrative> The proposed project is an unfunded trade finance facility under IFCs Global Trade Finance Program (GTFP or the GTFP Facility) of up to US$10 million. The purpose of the proposed IFC trade line is to reduce Coris Bank International Senegals (the Bank, Issuing Bank or CBI SN) reliance on CBI Burkina Faso affiliate and to support the strategic plan of the Banks management to grow its international trade business, knowing the business sector is mostly cash-driven and suffers from the de-risking of Correspondent or Confirming Banks. The GTFP limit will be booked under the African Trade and Supply Chain Finance Recovery Initiative (ATRI) umbrella, which is supported by the International Development Association Private Sector Windows Blended Finance Facility (IDA PSW-BFF) (the project).                                         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. CORIS BANK INTERNATIONAL SENEGAL CORIS BANK INTERNATIONAL SENEGAL Khalifa DIAO Head of Treasury +221 78 711 62 97 kdiao@coris-bank.com https://senegal.coris.bank 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 Senegal  The project is located in Senegal.                                                   Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 O-AD - Commercial Banking - Trade <narrative>Summary of Investment Information</narrative> <narrative>Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/47434/gtfp-atri-coris-senegal XM-DAC-903-SPI-3915 International Finance Corporation <narrative>SOGECA Project</narrative> Summary Of Project Information (SPI) Project Name Senegal-Societe Generale de Credit Automobile (SOGECA) Region Sub-Saharan Africa Sector Project No003915 Projected Board DateOctober 27, 1995 Company NameSOGECA Technical Partner and/or Major Shareholders Sogeca is a Senegalese leasing company in which IFC acquired a 20% equity stake in FY94. Other shareholders are a large Senegalese commercial bank, Compagnie Bancaire de lAfrique Occidentale (CBAO) (33%) and Proparco (20%). Project Cost Including proposed IFC investment The total project cost is CFAF1.2 billion (approximately US$2.4 million equivalent). Proposed IFC investment: CFAF600 million (approximately US$1.2 million equivalent) Location of project and Description of site Dakar, Senegal Description of Company and Purpose of Project The proposed facility will replace an undrawn FF6 million Availability Letter Agreement that was approved in conjunction with IFCs equity investment in October 1993. Sogeca is a dynamic Senegalese leasing company, in which IFC acquired a 20% equity stake in FY94. IFC is invited to make available a local currency guarantee facility in the amount of CFAF600 million to facilitate the raising by Sogeca of a FCFA-denominated medium-term loan made available by a Malian bank. It is envisaged that this loan will close the duration gap in Sogecas assets and liabilities. Environmental Category and Issues This is a Category C project according to IFCs environmental review procedures, and as such does not require further environmental evaluation. The is from the Public Information Center. Date SPI sent to PIC September 25, 1995 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365 Societe Generale de Credit Automobile, S.A. International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 LB - Leasing Services Total: $1.18 million 1030000.00 150000.00 1030000.00 Societe Generale de Credit Automobile, S.A. 150000.00 Societe Generale de Credit Automobile, S.A. <narrative>Summary of Project Information</narrative> 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/3915/sogeca-project XM-DAC-903-SPI-7175 International Finance Corporation <narrative>AEF Societe d'Exploitation des Ressources Thonieres (SERT S.A.)</narrative> Summary Of Project Information (SPI) Project Name Senegal-SERT SA Region Sub-Saharan Africa Sector Project No007175 Projected Board DateNovember 15, 1995 Company NameSociété dExploitation des Ressources Thonnières Technical Partner and/or Major Shareholders Mr. Saer Seck, a Senegalese national, is the main promoter of the project. He will own 47% of the shares. SENINVEST, a venture capital company in Senegal, would own 20% and IFC 33%. Project Cost Including proposed IFC investment Total project cost is estimated at CFA 1.5 million (US$3.0 million equivalent) and IFC has been asked to provide a venture loan of US$900,000 and equity of US$300,000 equivalent. Location of project and Description of site The proposed project, to be located at the Port Autonome de Dakar, aims to develop a small local fleet by acquiring, rehabilitating and transforming two 33-meter seiners into Pole and Line fishing vessels, which is considered to be a more efficient method of fishing than seiners. Description of Company and Purpose of Project The Company intends to purchase two seiners, rehabilitate and transform them into Pole and Line (P&L) tuna fishing vessels. The Company is expected to catch 2,500 t.p.a. of tuna, to be frozen on board, and then sold locally to canning industries or be exported. Environmental Category and Issues This is an environmental review Category B project. Key environmental issues that are of potential concern include sustainability of fish stocks, solid waste disposal, and personnel safety. The fishing technique is selective and dolphin friendly. The sponsors are required to submit an environmental management plan addressing the issues listed above. The is from the Public Information Center. Date SPI sent to PIC September 18, 1995 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). Société d'Exploitation des Ressources Thoniéres International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AH - Seafood Product Preparation and Packaging Total: $1.14 million 740000.00 400000.00 740000.00 Société d'Exploitation des Ressources Thoniéres 400000.00 Société d'Exploitation des Ressources Thoniéres <narrative>Summary of Project Information</narrative> 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/7175/aef-societe-dexploitation-des-ressources-thonieres-sert-s-a XM-DAC-903-SPI-7821 International Finance Corporation <narrative>GTI Dakar 50 MW BOOT Project</narrative> Summary Of Project Information (SPI) Project Name Senegal - Greenwich Turbine (GTi) Dakar Project Region Sub-Saharan Africa Sector Project No.: 007821 Projected Board Date: June 27, 1997 Company Name: GTi Dakar Ltd. Technical Partner and/or Major Shareholders Greenwich Turbine, Inc., a wholly-owned subsidiary of Greenwich Air Services, Inc. Project Cost Including proposed IFC investment Project Cost: US$52.8 million equivalent IFC Equity (10% ownership): US$1.2 million equivalent IFC A Loan: US$11.4 million equivalent Location of project and Description of site Cap des Biches, Dakar, Senegal. Description of Company and Purpose of Project The Project is to build, own, operate and transfer a combined cycle power generation facility with an installed capacity of approximately 50 MW of electricity. The Projects capacity and energy will be purchased by Societe Nationale dElectricite (Senelec), the state-owned electricity utility of Senegal, under a 15-year Power Purchase Agreement (PPA). The Project will operate primarily on condensate liquid fuel which will be supplied under a long-term fuel supply agreement (FSA) with a major fuel supplier. Environmental Category and Issues This is a category B project according to IFC''s environmental review procedure. Environmental issues associated with this project include air emissions, liquid effluents, noise, spill control of fuel, fire protection and emergency response, and general workplace safety. The main fuel of the plant will be gas condensate which is low in sulfur (0.046%) and ash content. Because fresh water is a scarce commodity in Senegal and especially in the Dakar area, the project will meet World Bank ambient air quality guidelines without using water injection to reduce NOx emissions. Flue gas is emitted from a 30 m main stack. The sponsor will conduct a thorough ambient air quality monitoring program to confirm compliance. A one-pass sea water cooling system will be used to further reduce fresh water consumption. Neutralization and oil-water separator will be used to treat wastewater. The plant fire protection system will include automatic CO2 fire suppression systems for the combustion turbine generator and the control room and a water spray system for the steam turbine generator skid. The is available from the Public Information Center. Date SPI sent to PIC May 27, 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). GTI DAKAR International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Heavy Fuel Oil - Thermal Power Generation Total: $16.94 million 840000.00 0.00 14450000.00 1650000.00 840000.00 GTI DAKAR 0.00 GTI DAKAR 14450000.00 GTI DAKAR 1650000.00 GTI DAKAR <narrative>Summary of Project Information</narrative> 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/7821/gti-dakar-50-mw-boot-project XM-DAC-903-SPI-8131 International Finance Corporation <narrative>SEF Nouvelles Brasseries Africaines (NBA SA)</narrative> Bernard Pasquier - 2 - February 14, 1997 SUMMARY OF PROJECT INFORMATION (SPI) Project Name: NBA SA - SENEGAL Region: Africa Sector: Food and Agribusiness Project Number: 8131 Expected Board Date: March 17, 1997 Company Name: Nouvelles Brasseries Africaines SA Technical Partners and/or Major Shareholders: The major shareholder of NBA SA is Mr. Dioum, a Senegalese entrepreneur. Mr. Dioum also owns a small ice cream factory. Project Cost including IFC Proposed Investment: Total project cost is estimated at US$5.4 million; IFC would provide a senior loan of US$1.9 million equivalent through the Small Enterprise Fund. Location of project and description of site: Project is located in the industrial zone of Dakar (Senegal). The site includes processing facilities, storage areas and office space. Description of Company and Purpose of Project: This is an expansion program by Nouvelles Brasseries Africaines to double its production capacity. NBA SA started operations in November 1994 to produce and sell soft drinks (cola, limonade, orange and fruit cocktail) for the local market; it is now a well established company. Given the early success of the venture, the investor decided in mid-1995 to double its production capacity. IFC Role: NBA SA investment plans are in line with IFCs objectives to promote indigenous small and medium size enterprises. IFCs loan will help the company make critical commercial investments that are overdue. As part of its investment, IFC will also facilitate relationships with AMSCO. Environmental Category and Issues: This is a category B project according to SEFs environment review procedure. Environmental issues associated with this project include liquid and solid wastes disposal; use of non-CFC refrigerants cooling, water and power supply and storage of gas and fuel. Occupational health and safety issues include workers safety and training, employee exposure to dust, heat, and noise, and fire prevention and emergency evacuation The environmental review summary is expected to be available from the Public Information Center by February 17, 1997. Date SPI sent to PIC: February 14, 1997 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). Nouvelles Brasseries Africaines (NBA) International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 BA - Soft Drink Total: $1.91 million 1910000.00 1910000.00 Nouvelles Brasseries Africaines (NBA) <narrative>Summary of Project Information</narrative> 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/8131/sef-nouvelles-brasseries-africaines-nba-sa XM-DAC-903-SPI-8427 International Finance Corporation <narrative>SEF Senegal Tanneries S.A.</narrative> Summary Of Project Information (SPI) Project Name SENEGAL - Senegal Tanneries S.A. (SENTA S.A.) Region Sub Saharan Africa Sector Manufacturing Project No 008427 Projected Board November 22, 1997 Date Company Name SENTA S.A. Technical Partner and/or Major Shareholders Mr. Livio Banfi, 48, Italian, is Chairman and Managing Director, and has been involved in the leather business since 1979 with 20-years experience in hide processing and trading. The main shareholders are Livio Banfi, Abdou Thiam, Paul Bach and Société Coloniale, each with 20% of the shares. Project Cost Including Proposed IFC Investment Overall project is estimated at US$1,951,717. IFC has been asked to provide a loan of US$400,000 representing 20% of the project cost. Location of Project and Description of Site The project, consisting in a tannery, is built on a 1,500 sq.m. plot in the industrial area of Dakar, known as the Free Export Zone. The project site is about 20 kms from the center of the city and is well served by roads and transport. The site previously hosted an aluminum processing factory. Description of Company and Purpose of Project The project is designed to collect fresh salted skins and process them into wet blue leather. Production will be solely for export to European markets. IFCs contribution to the project will be to provide affordable long-term financing to a Company that would otherwise have to resort to expensive bank overdrafts, and support a Company that performs value added-work. The project will have considerable development impact. It will reduce the export of raw skins and hides from Senegal. These exports will generate foreign exchange, and it will contribute to the growth of the herd population in this Sahelian country. Environmental Category and Issues This is a category B project according to IFCs environmental review procedure. The key environmental and health and safety issues include effluent treatment and discharge, solid waste and sludge management and disposal, hazardous materials storage and handling, and workplace health and safety. SENTA will upgrade its existing primary effluent treatment plant with a new biological treatment process so that, within one year of the loan disbursement, the resulting effluent discharge will meet World Bank guidelines. Solid wastes and treatment plant sludges are disposed in an approved off-site landfill. Hazardous chemicals are segregated and stored in separate buildings with adequate spill containment. Adequate fire protection features and procedures are provided, and the installation complies with World Bank health and safety requirements. IFC will monitor the sponsors ongoing compliance with World Bank policies, and environmental, health and safety guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC. In addition, SENTA will provide IFC with the appropriate evidence of compliance with the one year schedule to upgrade its effluent treatment plant. The Environmental Review Summary is available from the Public Information Center. Date SPI sent to PIC October 22, 1997 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) 974-4348 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). Senegal-Tanneries S.A. International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 DA - Shoes and Leather Products Total: $0.40 million 400000.00 400000.00 Senegal-Tanneries S.A. <narrative>Summary of Project Information</narrative> 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/8427/sef-senegal-tanneries-s-a XM-DAC-903-SPI-8657 International Finance Corporation <narrative>CIMENTS DU SAHEL</narrative> Summary Of Project Information (SPI) Project Name: Senegal: Ciments du Sahel Region:Sub-Saharan Africa Sector: Project No:008657 Projected Board Date:April 12, 1999 Company Name:Ciments du Sahel Technical Partner and/or Major Shareholders The principal shareholder is Mr. Latfallah Layousse who will control up to 60% of the equity. Other equity partners are institutional investors including IFC, African Development Bank, Proparco, and FAMWA an investment fund. Project Cost Including proposed IFC investment Estimated total project cost is US$90 million. IFC''s proposed investment is an equity and quasi-equity investment of up to US$4.7 million equivalent and a long term loan of up to US$13.5 million equivalent. Location of project and Description of site The project will be located some 30 miles east of Dakar. The plant site will be located near the raw materials''deposits. The size of the limestone mining concession is 500 ha. The plant will be designed and built using the most modern technology in the cement industry. Description of Company and Purpose of Project The project consists of the construction of a new cement plant with a nominal production capacity of 585,000 tons per annum. The plant and mining concession will be owned by a newly established company, Ciments du Sahel, a Société Anonyme, under Senegalese law. Environmental Category and Issues This is an environmental review category B project. Environmental issues associated with the project include air emissions, water and electricity supply, site setting and land use, liquid effluents, solid wastes, and quarry development and reclamation, and the handling and processing of raw materials and finished products. Occupational health and safety issues include fire prevention, emergency response and safety training, equipment safeguarding and employee exposure to noise and dust. As it is a greenfield project, and in compliance with Senegalese law, the Sponsor has prepared and Environmental Impact Assessment (EIA), including a detailed environmental management system. Detailed mitigation measures are proposed, including a comprehensive package for community relations with the surrounding villages. An environmental management plan is being developed, which will be implemented by an outside consultant during final design and construction. Public consultation was carried out during the EIA process, and the views of the stakeholders are reflected in the EIA. The is from the InfoShop. Host country location of environmental documents: Senegal Date SPI sent to InfoShop:March 11, 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 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 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). LES CIMENTS DU SAHEL SA International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AA - Cement Total: $18.20 million 15850000.00 2350000.00 15850000.00 LES CIMENTS DU SAHEL SA 2350000.00 LES CIMENTS DU SAHEL SA <narrative>Summary of Project Information</narrative> 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/8657/ciments-du-sahel XM-DAC-903-SPI-8816 International Finance Corporation <narrative>SEF Fanaicha</narrative> SUMMARY OF PROJECT INFORMATION (SPI) Project Name : SENEGAL - FANAICHA Region : Sub-Saharan Africa Sector: Private Education Project No: 008816 Projected Board Date: April 13, 1998 Company Name: Groupe Scolaire Fanaïcha Technical Partner and/ or Major Shareholders: Mrs. Coumba Keita Toure, a Senegalese national, is the sole sponsor of the project and the sole proprietor of Fanaïcha. She was an inspector of nursery schools at the National Ministry of Education before taking early retirement. She has successfully operated the company since 1994. Project Cost Including proposed IFC investment: Total project cost is estimated at US$463,204 equivalent. IFC has been solicited to provide a local currency guarantee of US$250,000 equivalent for a loan with a 6 and a half year term. Location of Project and Description of Site: The school is located in the new residential area of Sotrac-Mermoz, a few kilometers from downtown Dakar. The project site is on an enclosed plot of land measuring 3,406 sq.m Description of Company and Purpose of Project (include IFCs role and development impact): Fanaïcha has been operating since October 1994, providing schooling from nursery to the high secondary level. The project consists of upgrading and equipping the existing facilities and building the following : 8 additional classrooms, dormitories for boys and girls, language laboratories, equipped science laboratories, a library, and a cafeteria. The objective is to create a modern educational environment which will enable and motivate children in their studies. IFC''s involvement will provide the Company otherwise unavailable access to long-term financing. The project, at full capacity, will provide reasonably prices education to more than 900 students annually and assist in alleviating pressure on the public education system. IFCs support will give credibility to a business sponsored by a small investor. It will also have example value in the private education sector in Senegal which is currently undergoing a strong expansion and it will help increase girls literacy. Environmental Category and Issues: This is a category B project according to IFCs environmental procedure. The key environmental, health and safety issues considered in this project include waste management; use storage and handling of hazardous chemicals; fire protection and safety. The sponsor has presented plans to address these issues and demonstrate that the proposed project will comply with applicable governmental and World Bank requirements. The school is located in Sotrac Mermoz a few Km from downtown Dakar. Sanitary effluents and waste from the laboratories will be separately collected and stored in underground tanks, to be periodically removed for disposal to an authorized facility in Dakar. Solid waste includes kitchenwaste, packaging and office waste. Kitchen waste is donated while other wastes are collected and disposed of in the Dakar municipal landfill. No Ozone Depleting Susbstances will be used or produced. Laboratories hazardous chemicals are segregated and stored so as to avoid accident and release to the environment. Adequate fire protection and life safety measures and designs have been incorporated into the building structures and regular fire and safety response drills will be carried out. IFC will monitor FANAICHAs ongoing compliance with World Bank policies and guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by the sponsor and by conducting periodic site reviews during project supervision. The Environmental Review Summary is available at the Infoshop. Date SPI sent to PIC March 12, 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 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). Groupe Scolaire Fanaicha International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AA - Elementary and Secondary Schools Total: $0.25 million 250000.00 0.00 250000.00 Groupe Scolaire Fanaicha 0.00 Groupe Scolaire Fanaicha <narrative>Summary of Project Information</narrative> 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/8816/sef-fanaicha XM-DAC-903-SPI-10034 International Finance Corporation <narrative>SEF Royal Saly</narrative> Royal Saly would target the growing demand for beach hotels in Saly. The project will have a significant development impact as follows: (i) the project fits well the Governments long term strategy to position Sénégal as the fifth African tourist destination by 2010 (current rank is tenth), with an accommodation capacity of 17,000 hotel rooms and 35,000 beds. Tourism is the second major source of income of the country. In 1999, the sector generated revenues of CFAF 101.4 billion (US$156 million). Royal Saly would contribute to achieve the ambitious government objective of attracting 1,300,000 foreign travellers by 2010; (ii) the project would generate substantial tax revenues; and (iii) the project would create 127 new jobs. IFC''s involvement will ensure that the project cost is properly assessed and potential environmental issues are adequately addressed. Moreover, the proposed investment will provide the sponsors with the necessary funds to complete the financing plan in the absence of a specialized institution for tourism. Royal Saly S.A. Mamadou Racine SY Chairman Sénégal Hotels, BP 1814 Dakar Republic of Sénégal Tel: (221)823 79 89 Fax: (221)823 79 90 International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project proposes to build a two-star seaside resort at North Saly, one of the most attractive touristic areas of Sénégal, about 80 kilometers from Dakar. The Royal Saly Hotel will be developed on a 2.8-hectares plot with a sea front of 122 meters. It will comprise 130 rooms with a total of 326 beds, a restaurant, a bar, a conference room, a few boutiques, a fitness room, a mini-club, a swimming pool and a tennis court. Saly is easily accessible all the times by tarred road. Fougerolle, a major French construction company, will carry out the construction work under a fixed price contract.. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AB - Resort Hotel (Including Lodges) Total: $1.00 million 1000000.00 1000000.00 Royal Saly S.A. <narrative>Summary of Project Information</narrative> 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/10034/sef-royal-saly XM-DAC-903-SPI-22410 International Finance Corporation <narrative>Kounoune Power S.A.</narrative> Kounoune Power or the project company is to develop, construct, operate and maintain a 67.5 MW Heavy Fuel Oil (HFO)-fired diesel power generation plant located at Kounoune, about 23 kilometers east of Dakar, in Senegal. The project is to be developed as an Independent Power Producer (IPP) selling power under a 15-year Power Purchase Agreement (PPA) to Société Nationale dElectricité du Sénégal (Senelec), Senegals state electric utility, which will be the sole offtaker of the project. The PPA was executed by and between the project company and Senelec on February 5, 2005, and entered into effect on February 28, 2005. Senelecs obligations under the PPA are guaranteed by the Government of Senegal (GoS), also executed on February 5, 2005. KOUNOUNE POWER Mr Aly NDIAYE : Route du Front de Terre BP 11548 Dakar (tel : 221- 824 39 19) Mr Said JALKH : Kounoune Power email : said.jalkh@matelecgroup.com ( tel:221- 609 33 05) Mr Daniel GALLICE : email : daniel.gallice@mitsubishi-power.com ( tel:33- 32732 4841) for technical aspects International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project will be located at Kounoune, in the eastern suburbs of Dakar. The project company is to be headquartered in Dakar. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Heavy Fuel Oil - Thermal Power Generation Total: $19.90 million 19900000.00 19900000.00 KOUNOUNE POWER <narrative>Summary of Project Information</narrative> 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/22410/kounoune-power-s-a XM-DAC-903-SPI-25363 International Finance Corporation <narrative>Vicat-SOCOCIM</narrative> The proposed project will support the expansion of the cement activities of the Vicat Group (Vicat), the third largest cement company in France, through a financing package to Sococim Industries (Sococim), its wholly owned subsidiary in Senegal. Sococim, which was acquired by Vicat in 1999, has been supplying the Senegalese market since the 1950s and has also been exporting its cement to the surrounding countries. Based on anticipated growth in the cement markets of Senegal and Mali and Sococims need to enhance the technical performance of its existing facilities, Vicat has proposed an investment program in these countries. The capital expenditure for the project includes the following components: - construction of a new 24 MW power plant; - environmental upgrades to meet local, EU and Worldbank/IFC emission standards; - capacity increase of a quarry, crusher, cement mill and bagging facility; - replacement of one of the current clinker lines with a new dry process kiln clinker line with a capacity of 4,200 tons per day; and - various other technological upgrades. The project is expected to meet growing demand in the local and near-by export markets at a lower cost than the alternative imports. In addition, the project will create additional employment during implementation of the project and new indirect employment as well, while improving the environmental performance of the company. The project may have spill-over economic benefits, such as helping modernize the building materials and construction industry in the country and attracting other industries to the region. SOCOCIM INDUSTRIES Marc Leising Managing Director +221 839 8888 +221 836 1137 m.leising@sococim.sn Km 33 Ancienne Route de Thies Colobane Gouye Mouride Rufisque Senegal International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Sococims cement plant is located in Rufisque, Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AA - Cement Total: $25.13 million 25130000.00 25130000.00 SOCOCIM INDUSTRIES <narrative>Summary of Project Information</narrative> 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/25363/vicatsococim XM-DAC-903-SPI-25652 International Finance Corporation <narrative>IDA IFC BICIS</narrative> This project involves a joint IDA-IFC Risk Sharing Facility (RSF) in the local currency equivalent of $5 million ($10 million portfolio size). The RSF will apply to the portfolios of Small and Medium Enterprise (SME) loans originated by Banque Internationale pour le Commerce et lIndustrie du Senegal (BICIS), one of the two banks selected by the Government of Senegal (GoS) to benefit from this RSF program. The RSF to be issued by IFC will cover up to 50% of the credit risk of the commercial banks portfolio of new SME loans, with IDA funds of up to $1 million taking the first loss risk to IFC. IDA funds will be held in euros in a World Bank Trust Fund and will take 50% of the first loss risk. The commercial banks will share all losses on a 50-50 basis with the IFC-IDA RSF. In addition to the guarantee, the project envisages two technical assistance (TA) components: - TA to each commercial bank, with the objective of transferring the necessary skills and procedures to better service the SME sector and thus enhance the banks capacity to underwrite new SME loans on a profitable and sustainable basis; and - TA to SMEs, which aims to help bridge the gap between the SMEs and the banks by providing some basic financial and management training to the SMEs. This project is part of a much larger IDA project, the Private Investment Promotion Project (PIPP), a. multi-sector project that seeks to stimulate private investments and to build capacity. Development Impact: Consistent with the objective of supporting sustainable private sector development, this RSF contributes to high development impact in two key, high-priority areas: - Development of the financial sector in Sub-Saharan Africa: Improving the capacity of banks can lead to increased efficiency and stability in the financial markets. A sound financial sector contributes to the development of the local economy and attracts foreign investment. - Development of the SME sector: The SME sector makes up a large share of Senegals economic output and makes several vital contributions, including the creation of jobs and increasing economic activity. Increased access to finance and capacity building for this sector, facilitated by the PCG, can lead to higher levels of entrepreneurial activity, private sector development and improvement in economic output. Furthermore, the project would support the GoSs objective of accelerating poverty reduction by furthering sustainable, equitable economic growth and will: - increase SME access to medium term finance; - promote the competitiveness of selected industries, including enhancing linkages and know-how transfer between large businesses and SMEs and working within high potential value chains to alleviate critical bottlenecks identified through careful supply chain analysis; - promote a conducive business environment for domestic and foreign investment. SUNU BANK SENEGAL Mouhamadou Ndiaye Direction des Etudes et du Developpement Commercial 2, Avenue President Leopold Sedar Senghor B.P 392 Dakar Senegal Tel: (221) 839 04 14 Fax: (221) 823 47 21 Email: mouhamadou.ndiaye@africa.bnpparibas.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project will be located in Dakar, Senegal. Please see project description above. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Commercial Banking - Microfinance and Small Business <narrative>Summary of Project Information</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/25652/ida-ifc-bicis XM-DAC-903-SPI-26071 International Finance Corporation <narrative>Teylium Chain Hotel</narrative> The project is the greenfield construction of a 180 room, five-star hotel to be operated by Radisson SAS in Dakar. The hotel will be fully owned by a subsidiary of the Teylium International Group, a diversified holding company, and is scheduled to open at the end of the second quarter of 2008. The project will have several positive development impacts. - Improved Business Environment: The project will add to the number of high quality accommodations in Dakar by supporting the construction of a 180 room hotel operated by Radisson, thereby encouraging increased business, tourism and retail activities in the country. It is also expected to improve the appearance of the city and its competitiveness as a domestic and regional commercial hub. - Enhancing Local Supply Chain: The project will generate both downstream and upstream local supply linkages, contributing to the development of Senegal. - Employment Generation: The project will create new employment, both directly and indirectly. It will provide additional direct employment with a multiplier effect along the supply chain. In addition, temporary employment will be provided to local labor during the construction phase. - Improved Life and Fire Safety Performance: Adherence to IFC life and fire safety policies will improve the Groups practices and hence improve safety for users; this is also expected to set a best practice for other developments to follow. CHAIN HOTEL COMPANY SA Mamadou Asta Diakhaté, General Manager Teylium Senegal 18 Cité de Pyrotechnie, BP 16114 Dakar Fann, Sénégal Telephone: +(221) 33 869 37 30 Fax: +(221) 33 869 37 31 International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The project is located on sea front property on the Corniche of Dakar in the Fann neighborhood. The site has convenient access to central Dakar and major transportation routes. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AA - City and Business Hotel Total: $13.63 million 13630000.00 13630000.00 CHAIN HOTEL COMPANY SA <narrative>Summary of Project Information</narrative> 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/26071/teylium-chain-hotel XM-DAC-903-SPI-26565 International Finance Corporation <narrative>MicroCred Senegal</narrative> MicroCred Senegal is a greenfield microfinance institution (MFI). It will propose a range of microfinance products, including credit and savings. It will target local entrepreneurs with limited access to formal financial services in urban areas. It will focus its activities in large cities, starting with Dakar. MicroCred Senegal will be managed by local and international staff with prior experience in micro and small business lending. It will also be supported by technical assistance from MicroCred S.A. (MicroCred Holding). The developmental impact of MicroCred Senegal is expected to be far reaching in terms of its economic support for productive micro-entrepreneurs and small businesses, employment generation and providing access to finance to an underserved segment of the market. This project will help promote the model of commercially run MFIs in Senegal. This will have an important demonstration effect in Senegals microfinance sector. BAOBAB SENEGAL Mr. Arnaud Ventura, Managing Director and CEO MicroCred S.A. 13 rue Dieumegard 93400 Saint-Ouen Telephone: + 331 4921 2626 Fax: +331 4921 2627 E-mail: aventura@microcred.org Website: www.microcred.org International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal MicroCred Senegal is headquartered in Dakar, Senegal. The initial investment operations of the company are based in Dakar. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Commercial Banking - Microfinance and Small Business Total: $11.60 million 0.00 7700000.00 3900000.00 0.00 BAOBAB SENEGAL 7700000.00 BAOBAB SENEGAL 3900000.00 BAOBAB SENEGAL <narrative>Summary of Project Information</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/26565/microcred-senegal XM-DAC-903-SPI-27102 International Finance Corporation <narrative>St. Louis Finances S.A.</narrative> The proposed project involves the creation of a rural based microfinance institution, St. Louis Finances S.A., (the Company) with headquarters located in the regional capital of northern Senegal, St. Louis. The Company will be the first commercially orientated microfinance institution in Senegal to focus on providing financial services to rural communities. The relatively large number of microfinance institutions operating in Senegal (approx. 800) are based on the cooperative model and serve mainly an urban and semi urban clientele; only 8% of the rural population has access to finance. The Company will establish 8 branches and projects to service up to 30,000 clients by year 5 (Project). As microfinance has been shown to play a major positive role in reducing poverty and unemployment in developing countries, the development impact of the project is expected to be very high. St. Louis Finances will be the first commercially run institution in Senegal to focus on providing microfinance services to the rural population. The regions economy is characterized by cross border trading between Senegal and Mauretania. Small to medium scale farming (cultivation of rice and vegetables) is a second major activity in the region bordering the Senegal River. Both small scale traders and farmers are currently dependent on refinancing through the informal economy at prohibitive rates. This in turn lowers productivity of the farmers as necessary investments in infrastructure are either deferred or canceled due to lack of financing. The Project will also benefit small scale enterprises located in the rural towns and provide them with refinancing alternatives at more reasonable rates. FIDES MICROFINANCE SENEGAL FIDES/ SMH: Konrad Ellsaesser, Managing Director Route de la Fonderie 2, 1700 Fribourg Switzerland Tel : 0041 26 422 34 40 International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal St. Louis Finances will be located in the region of St. Louis which lies approximately 270 km north of the countrys capital city Dakar. The Project will open up to 8 branches in a region covering St. Louis, Dagana and Podor, which are populated by rural communities and smaller towns. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Commercial Banking - Microfinance and Small Business Total: $11.60 million 0.00 7700000.00 3900000.00 0.00 FIDES MICROFINANCE SENEGAL 7700000.00 FIDES MICROFINANCE SENEGAL 3900000.00 FIDES MICROFINANCE SENEGAL <narrative>Summary of Project Information</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/27102/st-louis-finances-s-a XM-DAC-903-SPI-27226 International Finance Corporation <narrative>SME GEM Senegal</narrative> This project involves a Risk Sharing Facility (RSF) in the local currency equivalent of $2 million ($4 million portfolio size). The RSF will apply to a portfolio of new loans to be extended to women-owned Micro, Small and Medium Enterprises (MSMEs) by Ecobank Senegal (EBS or the Bank), the bank selected for this RSF. The RSF will cover up to 50% of the credit risk of the Banks portfolio of new loans to women-owned MSMEs (the Borrowers). The Bank will share all losses on a 50-50 basis with the IFC. In addition to the guarantee, the project envisages two Advisory Services (AS) components: - AS to the bank, with the objective of better servicing women-owned MSMEs sector; and - AS to women-owned MSMEs, which aims to bridge the gap between these potential borrowers and the bank by providing some financial and management training to women-owned MSMEs. This combined investment and AS program presents a unique opportunity for IFC to provide practical interventions both at the institutional and firm levels. The program will help increase the capacity of EBS to outreach to women entrepreneurs, while at the same time providing businesswomen with much needed financial literacy and management skills. This will enhance their ability to access and properly use commercial bank finance. The project is expected to have a high impact through a direct contribution to private sector development by: - enabling women entrepreneurs to create jobs that are more likely to employ other women and contribute additional income to address household poverty reduction and pay schooling for children; - improving and increasing access to finance for women owned businesses, an underserved sector in Senegal; - the AS will assist women in developing a savings culture and provide training on business skills on how to access credit for those who want to borrow. A further and longer term benefit could be reduced costs for private sector as competition among banks intensifies. Consistent with IFCs objective of supporting sustainable private sector development, this RSF will also have a high development impact in line with the Government of Senegal (GOS)s objective of accelerating poverty reduction by contributing to sustainable and equitable economic growth and it will: - Create a demonstration effect within the banking sector concerning the sustainability and the profitability of lending to women-owned MSMEs; and - Promote the competitiveness of selected industries, including enhancing linkages and know-how transfer between large businesses and women-owned MSMEs. ECOBANK SENEGAL SA Ms. Amy Ndiaye Sow Retail Risk Manager Ecobank Senegal 8, av. Leopold Sedar Senghor Dakar Senegal Tel: (221) 33 849 20 00 Fax: (221) 33 823 47 07 Email: asow@ecobank.com International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The loans will be made to women-owned MSMEs in Senegal. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AC - Commercial Banking - Microfinance and Small Business <narrative>Summary of Project Information</narrative> <narrative>See Environmental and Social Management System (ESMS) summary tab.</narrative> 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/27226/sme-gem-senegal XM-DAC-903-SPI-27790 International Finance Corporation <narrative>Compagnie Marocco Senegalaise d' Electricite/St. Louis SAU</narrative> The Project consists on the first rural electrification concession in Senegal awarded pursuant to an international bidding process (the Project). It will be one of IFCs first forays in rural electrification, a priority of the WBG and of IFC. The Project will be developed by Compagnie Marocco-Sénégalaise dElectricité/ St.Louis SAU (Comasel de Saint Louis S.A.) (the Company), a wholly-owned subsidiary of Office National de lElectricité (ONE), Moroccos electricity utility. ONE has requested IFCs support for the project in the form of an equity investment for up to 19.99% of the Companys equity. Support the improvement of the living conditions of population in rural areas and contribute to the reduction of poverty. Rural electrification has been a long-time focus of the WB and IFC. Access to reliable electricity is an active catalyst for sustainable development as it can boost living standards, it can prevent rural exodus and emigration to urban areas, it can reduce mortality and improve gender quality. The Project aims to support the progressive transformation and improvement of living conditions of the population in rural areas of Senegal which at present lack electricity (85% of the population in rural areas in 2005). This will be achieved by (i) providing lighting and access to modern communications to rural households; (ii) improving delivery of social services with the provision of electricity for potable water systems, health clinics and schools; and (iii) enhancing economic productivity with the use of electricity for productive purposes. Senegals population in rural areas depends on fuel-wood for cooking, kerosene lamps and some small flashlights operating with batteries for lighting, and on human force - frequently from women - for domestic and productive tasks. The Project has the potential of promoting growth and the personal development of women and children by making their domestic workload less heavy. In addition, the social benefits from electrification the ability to power lights, radios, small appliances and televisions make a significant contribution to enhancing the quality of life and to the reduction of poverty. Improve access to electricity: The Project will provide electricity to 19,574 rural users in the next three years who at present do not have access to electricity, covering 298 villages. The proposed Project will provide electricity to 213 schools and 118 health centers, thus allowing rural populations to access better education and health services. Foster the development of local businesses and improved health services: The PREM subsidies will allow the Company to put in place electrical installations to increase the productivity of one SME, the Laiterie du Berger, and to improve the operations and services of 28 health centers as they will be able to preserve vaccines. The doubling of capacity of the SME will provide extra income of US$60-80/month approximately to each of 400 additional families who will supply electricity to the Laiterie. Supply reliable electricity using renewable energy technologies: The Company has opted for solar powered systems to supply electricity to certain populations located at a certain distance from the grid as electricity from these systems is more cost competitive, reliable and efficient than extending the grid to isolated populations. Electrification with renewable energy systems provides a less polluting alternative to diesel-based generation and reduces transmission and distribution losses. The Project will have a positive environmental impact as it will help to reduce CO2 emissions; it will also promote conservation by using renewable sources of energy (solar energy) and efficient lamps. Compagnie Marocco Senegalaise d'Electricite de Saint Louis SA Mr. Abdessamad Saddouq Office National de lElectricité 65, rue Othman Den Affane 20 000 Casablanca - Morocco International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The concession area comprises all villages of the Departments of St. Louis, Dagana and Podor, excluding 51 villages which have been electrified by Senelec, and is located 270 km north of Dakar, along the Senegal River, close to the border with Mauritania; it comprises 16 rural communities in an area of 19,000 km2, with a population estimated at 362,000 inhabitants in 2003 and an annual growth rate of 1.7%. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 EB - Rural Electrification Total: $0.75 million 750000.00 750000.00 Compagnie Marocco Senegalaise d'Electricite de Saint Louis SA <narrative>Summary of Project Information</narrative> 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/27790/compagnie-marocco-senegalaise-d-electricite-st-louis-sau XM-DAC-903-SPI-29008 International Finance Corporation <narrative>Societe Eiffage de la Nouvelle Autoroute Concedee</narrative> The proposed Dakar-Diamniadio Toll Highway Project consists in: (i) the construction of a 20 km section of urban highway (from Pikine to Diamniadio); and (ii) the operation and maintenance of the highway (24 kms, including a 4 kms stretch, build and transferred by the GoS) on a 30-year DBFO (Design Build Finance Operate) concession. SENAC (the Company or the Concessionaire), a Senegalese Special Purpose Company controlled by Eiffage, (the Sponsor) has been granted a 30 year concession for this PPP pursuant to an international and competitive bidding process organized by APIX, the government investment promotion agency (the concession agreement was signed on July 2, 2009). This greenfield project, connecting Dakar to Diamniadio, was designed to alleviate the severe congestion affecting travel in and out of Dakar, Senegals main economic center, and will also serve as an anchor for a vast urban upgrading program undertaken by the Government of Senegal (GoS) with support of the World Bank (IDA), the French Development Agency (AFD) and the African Development Bank (AfDB), which aims to improve the living standards of the suburban populations around Dakar. The proposed Project is the first toll-road designed on a PPP basis from its inception in Sub-Saharan African, and has significant development impact: Improving access to Dakar, Senegals economic engine: today, with the acute congestion affecting the RN1, the only road in/out of Dakar, it can take over two hours to travel about 20 km. This congestion is a significant cost to the movement of goods and people out of Dakar. The Project will eliminate this cost, resulting in improved competitiveness of the Senegalese economy through better access to markets; Reducing the cost of infrastructure development to the GoS: the Project will allow the GoS to build a modern toll-road, up to international standards and operated by a world-class operator, while saving about EUR90 million in upfront capital expenditure costs. This immediate cost saving would allow the GoS to direct the resources of its general budget to other priority expenditures in particular, in the social sectors; Improving the living standards of about 3,000 households: the Project is an essential component of a larger urban upgrading project, undertaken by the GoS with support from the World Bank (IDA), the African Development Bank and the French Development Agency, to upgrade one of the neighborhoods crossed by the Project toll-road (Pikine). As part of the Project, the GoS will implement a comprehensive upgrade and restructuring of Pikine, leading to a major improvement in the livelihood standard of about 3,000 households (for additional details, cf. available documents relative to IDA project number 4341-SN, approved by the Board of the World Bank on May 2009); Raising private sector participation in infrastructure in Africa to new levels: the Project a first of its kind in Sub-Saharan Africa: this will be the first greenfield toll-road PPP in Sub Saharan African (excluding South Africa), conceived as such from the onset (there are a number of toll roads in Africa, but they are all expansions of existing roads or having the addition of a toll post construction). The demonstration impact of the Project will therefore be very high, demonstrating that well structured PPPs in the transport sector are feasible in Africa, and paving the way for the replication of such structures. SOCIETE EIFFAGE DE LA CONCESSION DE L'AUTOROUTE DE L'AVENIR S.A. Didier Payerne Directeur Opérationnel SENAC Avenue Félix Eboué x Route Des Brasseries BP 737 Dakar (Sénégal) Tel : +221 33-839-7339 / +221-33-839-7330 Fax : +221-33-832-7152 Email : ste-eif.nouvelleautoroute.concedee@eiffage.com Website : http://www.senegal.eiffage.sn International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The Project highway is located between Patte dOie (on the eastern outskirt of the city of Dakar) and Diamniadio, a growing city about 31 km east of the city of Dakar, on the road to Thiès. The proposed highway, will, in broad terms, run parallel to the existing Route Nationale 1 (a road connecting Dakar to Thiès and the main gateway in and out of Dakar), crossing sections of urban areas (the neighborhood of Pikine) and semi-rural areas (starting from the Keur Massar junction up to Diamniadio). Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 BC - Highway Operations (Includes Toll Roads) Total: $31.72 million 31720000.00 31720000.00 SOCIETE EIFFAGE DE LA CONCESSION DE L'AUTOROUTE DE L'AVENIR S.A. <narrative>Summary of Project Information</narrative> 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/29008/societe-eiffage-de-la-nouvelle-autoroute-concedee XM-DAC-903-SPI-30094 International Finance Corporation <narrative>Comasel Louga</narrative> The greenfield Project consists in the second rural electrification concession in Senegal awarded pursuant to an international bidding process (the Project). It will be one of IFC few forays in rural electrification, a priority of the WBG and of IFC. The Project will be developed by Compagnie Marocco-Sénégalaise dElectricité/ Louga SAU (Comasel Louga S.A.) (the Company), a wholly-owned subsidiary of Office National de lElectricité (ONE), Moroccos electricity utility. ONE has requested IFCs support for the project in the form of an equity investment for up to 19.99% of the Companys equity. The project will have significant development impact as it will support the improvement of the living conditions of population in rural areas and the reduction of poverty. The project aims to support the progressive transformation and improvement of living conditions of the population in rural areas of Senegal which at present lacks electricity. This will be achieved by (i) providing lighting and access to modern communication to 11,826 new rural households, (ii) improving delivery of social services, health centers and schools and (iii) enhancing economic productivity through the provision of electricity for productive purposes. The population in rural areas depends on fuel-wood for cooking, on wicks, kerosene lamps and some small batteries for lighting, and on human force frequently from women for domestic and productive tasks. The project should promote growth and the personal development of women and children by making their domestic work load less heavy The social benefits from electrification the ability to power lights, radios, small appliances and televisions will make a significant contribution to enhancing the quality of life and the reduction of poverty. The Project will improve access to electricity as it will provide electricity to 11,826 rural users (9,945 via connections to the national grid and 1,852 with individual solar kits), in the next three years who at present do not have access to electricity. The project will have a positive environmental impact since it will help to reduce CO2 emissions through the use of renewable energy. It will promote conservation by: using renewable sources of energy (solar energy) and reducing deforestation. Comasel Louga has opted for solar powered systems to complement the electricity provided by Senelec. Clean renewable energy sources will help reduces the use of individual fuel based generators and wood fuels thus reducing pollution in these communities. COMPAGNIE MAROCCO-SENEGALAISE D'ELECTRICITE LOUGA SA Mr. Abdessamad Saddouq Office national de lElectricité 65, rue Othman Den Affane 20 000 Casablanca Morocco Email: saddouq@one.ma International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal The concession area comprises all villages of the departments of Louga, Kebemer and Linguere. The concession area represents 15% of the Senegalese territory and covers a surface of 29,188 km2 with a population of approximately 622,000 inhabitants in 2000 of which 80% is rural. Only 13% of this rural population is currently electrified (as of 2006). Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 EB - Rural Electrification Total: $0.80 million 800000.00 800000.00 COMPAGNIE MAROCCO-SENEGALAISE D'ELECTRICITE LOUGA SA <narrative>Summary of Project Information</narrative> 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/30094/comasel-louga XM-DAC-903-SPI-30929 International Finance Corporation <narrative>Patisen Project</narrative> IFC is considering to invest up to EUR11 million to support the expansion of Patisen, a food processing and distribution company in Senegal. Patisens main activity includes the production and distribution of bouillon cubes and chocolate and peanut spreads. IFCs financing will be used to expand Patisens production capacity to serve domestic and export markets, to build a new factory and warehouse facilities, support product diversification, and for working capital needs. - Increase supply of food production domestically, thereby benefiting local consumers. - Support transformation of a local company into a regional champion. - Employment creation: The Company has 250 full-time employees and 1,000 temporary employees. The Project will create additional jobs. - SME development: The Company assists small wholesalers with a professional Patisen sales force to distribute its products to consumers, thereby transferring marketing know-how and sustainability of local SME wholesalers. PATISEN SA Mr. Youssef Omais Administrateur Directeur General KM 2 Avenue Felix Eboue BP 185 Dakar, Senegal Tel: + 221 33 889 2929 Fax:+ 221 33 889 29 30 Email: yomais@patisen.sn www.patisen.sn International Finance Corporation +12024733800 ccspg@ifc.org www.ifc.org 2121 Pennsylvania Avenue, NW Washington DC 20433 Senegal Patisens existing facilities whose production capacity is being expanded are located in industrial zones of Dakar, Senegal. The new facility is expected to be built near Ndiass, Senegal, in proximity to a new highway and airport that are under construction. Location description A description that qualifies the activity taking place at the location. 14.5000000000 -14.2500000000 AI - Other Food Total: $15.92 million 12300000.00 3620000.00 12300000.00 PATISEN SA 3620000.00 PATISEN SA <narrative>Summary of Project Information</narrative> 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/30929/patisen-project