XM-DAC-903-SII-33794
International Finance Corporation
Bayport Zambia
Bayport Financial Services Limited, Zambia (Bayport or the Company) is a payroll based lender operating in Zambia. The Company has been operating since 2002 and provides personal unsecured credit to formally employed low and middle income earners, predominantly civil servants and employees of large corporations. The loans extended by Bayport are mostly used for housing/home improvement, education, and small business start-ups. Bayport also offers domestic money transfer services. In the project under consideration, IFC will support Bayport to expand its lending operations to the low and middle income population by anchoring its inaugural domestic bond.
- Financial inclusion: increased access to financial services for the low and middle income population in Zambia, including those living in rural areas. Such financial inclusion is expected to be the source of other benefits namely: home improvement, education, small business start-ups/job creation. Other related development impacts expected from the project include: i) contributing to building a domestic capital market, which is a critical ingredient to the financing of the domestic economy; ii) contributing to strengthening the regulated micro-lending space in Zambia as IFC provides needed capital and reinforces the capacity of the sector leader.
BAYPORT FINANCIAL SERVICES ZAMBIA LIMITED
Mr. Justin Chola Bayport House 68 Independence Avenue Lusaka, Zambia Tel: +260 977 740 938 Fax: +260 211 252 386 Email: mailto:jchola@bayportfinance.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Bayport is headquartered in Lusaka, Zambia and currently operates from 32 branches across the country. The Companys footprint is widespread in urban and rural areas, making its services accessible to a larger population.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
O-FA - Other Non-Banking Financial Institution (NBFI)
Total: $10.76 million
10760000.00
10760000.00
BAYPORT FINANCIAL SERVICES ZAMBIA LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/33794/bayport-zambia
XM-DAC-903-SII-34461
International Finance Corporation
Agrivision Africa
The Project will assist Agrivision Africa (Agrivision or the Company) to (i) finance its expansion programme in Zambia via investments in supply chain optimization and further development of irrigated land, and (ii) restructure its balance sheet to an appropriate gearing level (the Project).
i. Improve food security ii. Support sustainable, climate smart agriculture iii. Transfer technical know-how on farming and milling best practices iv. Contribute to direct employment (e.g. over 670 employees) v. Promote competition and agricultural supply chain development
AGRIVISION AFRICA
Mpongwe Milling Heavy Industrial Area Plot 5385 Mutentemuko Road Kitwe Zambia Att: Daniel Kruger Somawhe Estates Somawhe Estates Ltd Munkumpu Farm Mpongwe Zambia Att: Brian Jenkins Mkushi Estates: Chobe Agrivision Company Limited Parklands Farm Mkushi Farming Block Mkushi Zambia Att: Stuart Kearns
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
The local access of the ESRS and ESAP will be at the Mpongwe Mill, the Somawhe Estate and the Mkushi Estate at the following addresses: Mpongwe Milling Heavy Industrial Area Plot 5385 Mutentemuko Road Kitwe Zambia Att: Daniel Kruger Somawhe Estates Somawhe Estates Ltd Munkumpu Farm Mpongwe Zambia Att: Brian Jenkins Mkushi Estates: Chobe Agrivision Company Limited Parklands Farm Mkushi Farming Block Mkushi Zambia Att: Stuart Kearns
Zambia
The Company operates in Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
A-AA - Grains and Beans
Total: $20.00 million
20000000.00
20000000.00
AGRIVISION AFRICA
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/34461/agrivision-africa
XM-DAC-903-SII-38220
International Finance Corporation
Zoona Project
Zoona enables domestic money transfers in Zambia and Malawi via a network of agents (over-the-counter). Zoonas core business is to build profitable agent outlets for which the Company mostly relies on a franchise model, with the end-goal of promoting digital financial services. The Company is raising up to US$15 million in a Series-B for its regional expansion and to deepen the agent network in its home markets.
(i) promoting financial inclusion as most of Zoona''s consumers are unbanked and (ii) generating employment opportunities through the franchise model for money transfer agents
ZOONA TRANSACTIONS INTERNATIONAL LTD
Michael Quinn International Financial Services Limited, IFS Court, TwentyEight, Cybercity, Ebene, Mauritius Email: mailto:mike@ilovezoona.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
n/a
Zambia
The Company operates an agent network to conduct over-the-counter money transfers in Zambia and Malawi. Zoona has around 1,300 outlets in both countries with a broad geographical coverage.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
O-MA - Money transfer, remittances
Total: $6.00 million
6000000.00
6000000.00
ZOONA TRANSACTIONS INTERNATIONAL LTD
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/38220/zoona-project
XM-DAC-903-SII-38685
International Finance Corporation
SS Zambia 2
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 Project consists of the development, financing, construction, operation and maintenance of a new 55MWp solar photovoltaic (PV) located in the Lusaka South Multi-Facility Economic Zone in Zambia. The electricity generated from the Project will be sold to Zambias state-owned electricity utility, ZESCO through a 25-year Power Purchase Agreement.
1) The Project will add much-needed new generation capacity and will provide up to 100GWh per annum to the Zambian grid, helping to address a significant electricity supply deficit in the country;
2) The Project's competitively priced solar electricity will reduce Zambia's dependence on hydropower and decrease the average cost of supply from new hydroelectric plants and expensive thermal power imports, ultimately improving the long-term sustainability of Zambia's electricity sector;
3) The Project will displace current and future thermal power generation with a renewable source of energy which will contribute to reduced carbon emissions and pollution, avoiding greenhouse gas emissions of approximately [97,000] tons of CO2 per annum;
4) This Project is the first implementation of the Scaling Solar platform. As such, the Project is expected to have strong demonstration effect in other markets in Sub-Saharan Africa, incentivizing a broader adoption of cost-competitive solar as an important source of electricity in the region.
BANGWEULU POWER COMPANY LIMITED
Neoen S.A.S. Cyril PERRIN Regional Director + 258 840 553 729; +260 96258 6281 contact@neoen.com JAT V-1, 14 andar, Rua dos Desportistas-833 ; Maputo http://www.neoen.fr/en/
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; } Industrial Development Corporation (Zambia) Lusaka South Multi-Facility Economic Zone (LSMFEZ), Chifwema Road, New Kasama P.O. Box 37232, Lusaka, ZAMBIA
Zambia
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 power plant will be located in the Lusaka South Multi-Facility Economic Zone in the Kafue District of Lusaka Province in Zambia. The Project site is approximately 18 km to the southeast of Zambias capital, Lusaka.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
V-BF - Solar - Renewable Energy Generation
Total: $17.00 million
3000000.00
14000000.00
3000000.00
BANGWEULU POWER COMPANY LIMITED
14000000.00
BANGWEULU POWER COMPANY LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/38685/ss-zambia-2
XM-DAC-903-SII-38397
International Finance Corporation
Great North Mall
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; } Financing to support Novare Africa Property Fund II (NAPF or the Sponsor) in) the US$27.0 million greenfield development of Great North Mall (the Project), a single-level, 9,844 sqm GLA covered shopping mall in Great North Area, Lusaka, Zambia. The Project will be implemented through a local SPV and will be anchored by an established South African supermarket chain.
The Projects will contribute to economic growth and urban development through:
(i) Jobs: direct and indirect employment opportunities for local communities during the construction and operations including
jobs created or maintained throughout the supply chain (SMEs). Construction workers learn advanced construction methods
and safety standards from a high-quality South African developer.
(ii) Consumers: access to higher quality goods for the low-to-middle income and base of pyramid population in an
underserved area (i.e. through supermarket anchors with higher food quality/safety standards than are currently available in the
immediate area).
(iii) Green building: Novare has indicated a willingness to adopt EDGE where possible within its development pipeline.
WOODSIDE MALL ZAMBIA LIMITED
Company
Novare Fund Manager Limited
Point of Contact
Pieter de Wet
Title
Managing Director
Telephone Number
+230 263 3062 or +27 21 914 3944
Email
pieter@novare.com
Mailing Address
Suite 510, 5th Floor Barkly Wharf, Le Caudan Waterfront, Port Louis, Mauritius
Website
www.novarefundmanager.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
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 Project will be located on a greenfield site in the Great North Area of Lusaka, Zambia. The site is located on a busy highway about 8 km north of the CBD in an area of mainly low and low to middle income housing.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
D-AA - Construction and Real Estate
Total: $12.80 million
12800000.00
12800000.00
WOODSIDE MALL ZAMBIA LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/38397/great-north-mall
XM-DAC-903-SII-37811
International Finance Corporation
SS Zambia Project
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The project consists of the development, financing, construction, operation and maintenance of a new 34MWp solar photovoltaic (PV) plant located in the Lusaka South Multi-Facility Economic Zone in Zambia (the Project). The electricity generated from the Project will be sold to Zambias state-owned electricity utility, ZESCO through a 25-year Power Purchase Agreement
.
NGONYE POWER COMPANY LIMITED
Enel Green Power Alexander Bianchii Business Development +27 (0) 1034 40348 alexander.bianchi@enel.com 5th Floor, Block B, 102 Rivonia Road, Sandton, South Africa www.enel.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
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Industrial Development Corporation (Zambia)
Lusaka South Multi-Facility Economic Zone (LSMFEZ), Chifwema Road, New Kasama
P.O. Box 37232, Lusaka, ZAMBIA
Zambia
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The power plant will be located in the Lusaka South Multi-Facility Economic Zone in the Kafue District of Lusaka Province in Zambia. The Project site is approximately 18 km to the southeast of Zambias capital, Lusaka, and is adjacent to the 54MWp solar PV project sponsored by Neoen International, First Solar and IDC (IS #38685).
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
V-BF - Solar - Renewable Energy Generation
Total: $14.50 million
2500000.00
12000000.00
2500000.00
NGONYE POWER COMPANY LIMITED
12000000.00
NGONYE POWER COMPANY LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/37811/ss-zambia-project
XM-DAC-903-SII-39410
International Finance Corporation
Twin Palms Mall
0 0 0 0 0 0 0 0 0.0000 Financing to support Novare Africa Property Fund II (NAPF or the Sponsor) to acquire, upgrade and expand the Twin Palms Mall , a 7, 500 sqm GLA one-level strip mall, by 4 ,500sqm GLA in Salama Park, Lusaka , Zambia (the Project) . The project will be implemented through a local SPV and will be anchored by established South African supermarket chain s . The Twin Palms Mall (39410), is a pipeline split project of
Great North Mall (38397).
The Projects will contribute to economic growth and urban development through: (i) Jobs: direct and indirect employment opportunities for local communities during the construction and operations including jobs created or maintained throughout the supply chain (SMEs). Construction workers learn advanced construction methods and safety standards from a high-quality South African developer. (ii) Consumers: access to higher quality goods for the low-to-middle income and base of pyramid population in an underserved area (i.e. through supermarket anchors with higher food quality/safety standards that are currently unavailable in the immediate area). (iii) Green building: Novare has indicated a willingness to adopt EDGE where possible within its development pipeline.
TWIN PALM SHOPPING MALL LIMITED
Novare Fund Manager Limited Pieter de Wet Managing Director +230 263 3062 or +27 21 914 3944 pieter@novare.com Suite 510, 5th Floor Barkly Wharf, Le Caudan Waterfront, Port www.novarefundmanager.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 Plot No. 862 Salama Park Avondale Lusaka Lusaka, Zambia
Zambia
The Project will be located in Salama Park, Lusaka, Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
Tourism, Retail, and Property
Total: $12.80 million
12800000.00
12800000.00
TWIN PALM SHOPPING MALL LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/39410/twin-palms-mall
XM-DAC-903-SII-38700
International Finance Corporation
Stanbic Bank Zambia SL
0 0 0 0 0 0 0 0 0.0000 The project involves IFC financing of up to ZMW 200 million (approximately US$20 million equivalent) to Stanbic Bank Zambia Limited (Stanbic Zambia or the Bank), a leading commercial bank in Zambia. The funding will primarily be used for expanding the Banks lending operations to small and medium enterprises (SMEs), including women-owned SMEs (WSMEs), as well as to the agribusiness sector .
Increased access to finance: IFC's investment will provide much-needed funding to the agribusiness sector, SMEs and WSMEs in the country through a first-rate bank. It will help SMEs and WSMEs grow and stabilize their businesses, create more jobs and contribute more effectively to boosting productive economic activity.
Promotion of best market practices: IFC's investment will support the sustainable growth of the Bank in Zambia, ensuring that it continues to adopt and promote best practices in the Zambian banking sector, especially given its affiliation to a top emerging market banking group.
Stanbic Bank (Z) Ltd
Stanbic Bank Zambia Limited Mr. Leina Gabaraane Chief Executive Officer +260 971 28 8200 P.O. Box 31955, Lusaka, Zambia Websitewww.stanbicbank.co.zm
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Stanbic Zambia is headquartered in Lusaka. The Bank has 32 branches/points of representation, 130 ATMs and digital
presence via internet and mobile platforms.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
O-AA - Commercial Banking - General
Total: $36.77 million
36770000.00
36770000.00
Stanbic Bank (Z) Ltd
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/38700/stanbic-bank-zambia-sl
XM-DAC-903-SII-41451
International Finance Corporation
Protea Bonanza
Project is to construct and operate a resort hotel, which includes a multi-purpose venue, located in the rural outskirts of Lusaka. The hotel will be an upscale 249-room greenfield development operating under the Protea Hotels by Marriot brand while the multi-purpose venue will have capacity for up to 2,500 persons.
The most significant development impact is on stakeholders, with local employees and suppliers benefitting from training, employment and growth opportunities. The Project will promote enhanced competitiveness in the tourism/hospitality sector by introducing a new concept in the country that combines a hotel and a large multi-purpose venue. It will also open a new segment in Zambia's tourism industry, contributing to the desired economic diversification from mineral raw materials.
PROTEA HOTELS ZAMBIA LIMITED
Union Gold (Zambia) Limited Christopher ODonnell Project Manager +260 211 252402/5/6 cmodonnell@uniongold.co.zm Office Suites, 2nd Floor, Protea Hotel Lusaka, Arcades, Lusaka, Zambia n/a
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 Christopher ODonnell Office Suite s, 2 nd Floor , Protea Hotel Lusaka, Arcades, Lusaka, Zambia Telephone: +260 211 252402/5/6
Zambia
Project will be located in the Kasisi area, Chongwe district, Lusaka, Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
U-AB - Resort Hotel (Including Lodges)
Total: $9.00 million
9000000.00
9000000.00
PROTEA HOTELS ZAMBIA LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/41451/protea-bonanza
XM-DAC-903-SII-44235
International Finance Corporation
IHS Zambia COVID
IFCs financing to IHS Groups subsidiary in Zambia (IHS Zambia or the Company) enables the Company to improve the capital structure, so the Company can continue deploying telecom towers that are critical to delivering affordable connectivity through shared infrastructure, supporting business continuity during the crisis and economic recovery post-pandemic in Zambia. (theProject)
The most significant, expected project-level outcome is increased capacity of mobile networks in Zambia, achieved by building additional mobile towers, potentially resulting in increased access to mobile connectivity for individuals and businesses.
IHS ZAMBIA LIMITED
IHS Holding Limited Patrick Fegaly VP & Group Treasurer +260 211 239727/8 info@ihstowers.com Makishi Road / Mwalule RoadNorthmeadLusaka, Zambia https://www.ihstowers.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Onedrive
Zambia
The Project is located in Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
R-AA - Engineering Services
Total: $75.00 million
75000000.00
75000000.00
IHS ZAMBIA LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/44235/ihs-zambia-covid
XM-DAC-903-SII-46603
International Finance Corporation
Zambeef III ZMW
Zambeef Products Plc (Zambeef or the Group) is one of the leading agribusinesses with integrated operations in Zambia, focusing on cropping, stock feed production, animal breeding and rearing, meat processing, retail and distribution of meat products and stock feed. The investment supports the Companys US$61.5 million capacity expansion program and resultant incremental working capital requirements.
Project level impacts: (i) Economy wide effects: The project will expand Zambeefs production capacity and allow the company to source more inputs from local suppliers thereby supporting domestic value addition and associated job creation. The estimates of increase in GDP, value added, and jobs will be assessed using IFCs economic impact assessment framework. (ii) Stakeholders Consumers: Increased access to quality and nutritious foods. The project will increase production of affordable quality, safe and nutritious meat products thereby increasing access to the products across the country especially among the largely BoP consumers. Coupled with investments in the distribution system, the project is expected to increase the volume of meat products sold to consumers.
Market level impact: Competitiveness: Adoption of new production technology, changes in market structure and greater value addition. IFC expects the project, through demonstration and replication channel, to contribute to increasing the competitiveness of the food processing sector through the Clients local processing of a range of food products. The project will support vertical integration by Zambeef and acquisition of on- and off-farm modern production technologies to expand production capacity and improve efficiency in production while ensuring product quality and safety. The project will ensure full implementation/acquisition of the requisite quality certifications. Taken together, these will show case the potential for vertical integration in the sector, adoption of modern and efficient production technologies to expand production of a range of food products at affordable prices. The project will not only shape the market structure by building the food processing base and market shares for the products but also reduce production costs and achieve economies of scale. This will encourage other players to replicate the business model to increase the competitiveness of the sector.
ZAMBEEF PRODUCTS PLC
Zambeef Products PLC Walter Roodt Chief Executive Officer +260 211 213 021 Walter.roodt@zambeef.co.zm Plot 4970, Manda Road, Industrial Area, P/B 17, Woodlands, Lusaka, Zambia www.zambeefplc.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 Summary of Investment Information of Zambeef III ZMW (4 6603 ). Same as under Project Location.
Zambia
The proposed investment will support the Companys capacity expansion and operational improvements at Huntley farm , Chisamba, Lusaka and Chambatata farm in Mpongwe, Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
A-BB - Poultry Farming
Total: $35.00 million
35000000.00
35000000.00
ZAMBEEF PRODUCTS PLC
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/46603/zambeef-iii-zmw
XM-DAC-903-SII-46875
International Finance Corporation
BOP Bayport Zam
The proposed project is a 5-year senior secured loan, with a 2-year grace period, of up to US$20 million in ZMW equivalent (approx. ZMW340 million) to Bayport Financial Services Limited (Bayport or the Company), a leading NBFI in Zambia. The Project will be processed under IFCs Base of the Pyramid (BOP) Program to support the Company in increasing access to finance and scaling up lending operations to un(der)served individuals in Zambia for productive uses (the Project) and will be supported by the IDA-Private Sector (PSW) Blended Finance Facility (BFF) and the IDA-PSW Local Currency Facility (LCF).
The most significant expected project-level outcome for the project is access to finance for low to middle income individuals to support economic activity and resilience in the aftermath of the COVID-19 crisis. Beyond the project outcome, IFC anticipates that the Project will support resilience amongst microfinance and Base of the Pyramid (BOP) finance providers catalyzing investments in the sector by demonstrating the viability of lending to BoP providers and crowding in other sources of international and domestic finance in support of these lenders.
BAYPORT FINANCIAL SERVICES ZAMBIA LIMITED
Bayport Financial Services Zambia Limited Prisca Shimwambwa Deputy Chief Executive Officer +260 211 257 433 PriscaS@bayportfinance.com Plot 68 Independence Avenue, Lusaka, Zambia https://www.bayportzambia.com/
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Bayport operates in Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
O-HA - Microfinance and Small Business - Non Commercial Banking
Total: $20.00 million
20000000.00
20000000.00
BAYPORT FINANCIAL SERVICES ZAMBIA LIMITED
Summary of Investment Information
Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SII/46875/bop-bayport-zam
XM-DAC-903-SPI-10061
International Finance Corporation
Zamcell Zambia Limited II
Summary Of Project Information (SPI) Project Name Zambia - Zamcell II RegionSub-Saharan Africa Sector Project No010061 Projected Board DateFebruary 28, 2000 Company NameZamcell Zambia Ltd. Technical Partner and/or Major Shareholders The projects technical partner and the major shareholder of Zamcell Zambia Ltd. (Zamcell) is Mobile Systems International Cellular Investments Holdings B.V. (MSICIH) (80%), a holding company located in the Netherlands with mobile cellular investments primarily in sub-Saharan Africa. MSICIH is an experienced operator, which owns stakes in mobile phone operations in Zambia, Malawi, Uganda, Egypt and Hong Kong. The two other shareholders are Mitsui (10%), a Japanese trading house active in the area of telecommunications in Asia and other parts of the world, and the International Finance Corporation (10%). Project Cost Including proposed IFC investment The estimated project cost is US$11 million. IFC proposes to provide a US$3.3 million loan and to invest a further US$440,000 in Zamcell''s share capital. Location of project and Description of site Network coverage and capacity will be expanded in Lusaka, Zambia''s capital city, as well as in the northern industrial area known as the Copperbelt Region and the southern tourist area centered around Livingston. Description of Company and Purpose of Project The project comprises the expansion of Zamcell''s nationwide digital cellular network. The project would be a follow-on to a previous IFC investment in Zamcell, approved in 1998. Zamcell launched its cellular service in Lusaka, the capital city, and the Copperbelt region, in December 1998 under a 15-year license to operate a nationwide mobile phone network. Since the launch of the network, Zamcell is experiencing much higher demand for its services than originally anticipated. Zamcell is planning to meet this demand by expanding network coverage and increasing capacity. The huge market demand confirms the urgent need of the Zambian business community for efficient and reliable telephone services. The project would help meet this demand and support the growth of an emerging private African telecom operator. IFC''s role would include: (i) providing the company with long-term financing, which is scarce in Zambia; (ii) assisting in mobilizing parallel long-term financing; and (iii) demonstrating continued support for private sector participation in the infrastructure sector. Environmental Category and Issues The proposed transaction is classified a category C project according to IFC''s environmental and social review procedure. The original project was a category B project and environmental clearance was obtained in June 1998. Operation of the network commenced in December 1998. The company reported its environmental and social compliance in February/March 1999 in conjunction with the IFCs initial equity disbursement, and was found to be in compliance with World Bank Group policies and guidelines at that time. Zamcells first annual environmental monitoring report to IFC is scheduled for early 2000. Zamcell is also a subsidiary of MSICIH for whom an IFC investment was approved in September 1999 for equity of $10 million. Under the terms of this investment, MSICIH is required to produce an Environmental Management Plan, which should consolidate all elements of the group''s environmental policy and operational procedures in one central management plan. Date SPI sent to InfoShop January 18, 2000 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 974-4384 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).
AIRTEL NETWORKS ZAMBIA PLC
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AC - Mobile Telephony
Total: $3.74 million
3300000.00
440000.00
3300000.00
AIRTEL NETWORKS ZAMBIA PLC
440000.00
AIRTEL NETWORKS ZAMBIA PLC
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10061/zamcell-zambia-limited-ii
XM-DAC-903-SPI-4825
International Finance Corporation
AEF-KAILA LODGE ZAMBIA
SUMMARY OF PROJECT INFORMATION Project Name: Kayila Lodge, Zambia Region: Southern Africa Sector: Tourism Project No.: 4825 Company Name: Kayila Lodge Zambia Ltd Description of Location: Lower Zambesi Date SPI sent to PIC: November 17, 1994 Projected Approval Date: January 10, 1995 Description of Company and Purpose of Project: Kayila Lodge Zambia Ltd is a new company set up to own and operate a recently completed 8 bed safari lodge on the lower Zambesi River. The project is for the expansion of the lodge to a capacity of 12 beds and for the addition of vehicles and boats. Technical Partner and/or Major Shareholders : The shareholders are S.M. McCormick (39%), L.S. Games (29%), D. Games (29%) and A. Masutu (3%). A technical partner in the operation of the lodge is Safari Par Excellence, Zimbabwe, which is a well established canoe and lodge safari operator and white-water rafting group in Zimbabwe. SPE is controlled by S.M. McCormick and L.S. Games. Project Cost: US$384,000 Environmental Category and Issues : This is an environmental review category A project. Environmental and occupational health and safety issues include impacts on wildlife and sensitive ecosystems, socioeconomic impacts, water supply, waste disposal, energy resources, and general health and safety issues. An Environmental Impact Assessment prepared by the sponsors, and satisfactorily reviewed by IFC, has been placed in the Public Information Center. L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI 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).
KAILA LODGE LTD
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AB - Resort Hotel (Including Lodges)
Total: $0.19 million
190000.00
190000.00
KAILA LODGE LTD
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/4825/aefkaila-lodge-zambia
XM-DAC-903-SPI-7779
International Finance Corporation
AEF Pentire Investments Limited/Chisamba Lodge
SUMMARY OF PROJECT INFORMATION Project Name Zambia-Mtendere Lodge Region Sub-Saharan Africa Sector Tourism/Lodge Project No 007779 Projected Board Date April 15, 1997 Company Name Pentire Investments Limited Technical Partner and/or Major Shareholders : The Company is owned equally by Mr. Mark O''Donnell and Mrs. E. O''Donnell. Mr. O''Donnel was born in Zambia and is a successful business manager. He is currently President of Zambian Manufacturers Association. Location of Project & Description of Site: The lodge will be built on a 1100 ha farm 35kms from Lusaka just off the main Lusaka-Ndola road. The farm is owned by Pentire Investments Limited and has been used primarily as a game ranch. Project Cost Including Proposed IFC Investment: The project cost is estimated at US$1.41 million and IFC has been requested to provide a loan of US$565,000. Description of Company and Purpose of Project: The Company was set up in 1990 to acquire the 1100 ha farm and has run it since as its main business. The owners now plan to build a 20 room tourist lodge with a small conference center to cater for a mixture of foreign tourists or business people passing through Lusaka and residents seeking weekend breaks and a venue for small conferences. Expected Development Impact: Interest in Zambia for safari holidays is increasing and Zambian tourism facilities are in need of development. A lodge near Lusaka will help provide a service to foreign visitors. There will be employment for at least 60 people and a good foreign exchange earning capability. Environmental Category and Issues: This is a category B project according to IFCs environmental review procedure. Key environmental, health and safety issues analyzed include game stock source, game disease control, impacts on wildlife and sensitive ecosystems, staff accommodation infrastructure, liquid and solid waste disposal (including sewage), power and water supply source (including fuel storage), safety issues associated with the presence of wildlife, CFC-free cold storage, general safety and employee training, and emergency response preparedness and fire protection. The sponsor has submitted a detailed environmental management plan for the project that addresses all of these issues. In addition, an independent team of researchers from the Center for Wildlife Management at the University of Pretoria recently completed a year in residence at the project site and is preparing a detailed Game Management Plan for the project. This plan is expected to be finalized in March 1997. The ERS for the project is expected to be released to the PIC in early March as well. Date SPI sent to PIC: February 26, 1997 For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 676-0365. L:\CAF\AEF\ZAM\PENTSPI.DOC February 24, 1997 5:49 PM Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Pentire Investments Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AB - Resort Hotel (Including Lodges)
Total: $0.67 million
670000.00
670000.00
Pentire Investments Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7779/aef-pentire-investments-limited-chisamba-lodge
XM-DAC-903-SPI-7877
International Finance Corporation
Intermarket Discount House Zambia Limited
Summary Of Project Information (SPI) Project Name Zambia - Intermarket Discount House Zambia Limited (IMDHZ) RegionSub-Saharan Africa Sector Project No007877 Projected Board DateDecember 31, 1996 Company NameIntermarket Discount House Zambia Limited Technical Partner and/or Major Shareholders Intermarket Discount House of Zimbabwe. Project Cost Including proposed IFC investment US$2.5 million, including a $500,000 IFC equity investment Location of project and Description of site Lusaka, Zambia Description of Company and Purpose of Project IMDHZ is the only discount house in Zambia whose main business is to intermediate between financial institutions and trading or making markets in various money market instruments. It is proposed that IFC acquire up to 20% stake (or US$500,000) equivalent) in IMDHZ. IFCs participation in this project further develops Zambias money markets and provides an additional credibility for the regional expansion effort of a successful local institution. Environmental Category and Issues This is a Category C project according to IFCs environmental procedures. Date SPI sent to PIC November 18, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365
Intermarket Discount House (Zambia) Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
FA - Other Non-Depository Credit
Total: $0.50 million
500000.00
500000.00
Intermarket Discount House (Zambia) Limited
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7877/intermarket-discount-house-zambia-limited
XM-DAC-903-SPI-7907
International Finance Corporation
AEF J. Y. Estate
SUMMARY OF PROJECT INFORMATION Project Name Zambia-JY Estates Limited Region Sub-Saharan Africa Sector Floriculture Project No 007907 Projected Board Date March 31, 1997 Company Name JY Estates Limited Technical Partner and/or Major Shareholders The project is jointly (50/50) owned by Michael Jones and Sharon Jones, a husband and wife team. Mr Jones is a South African citizen who was born and grew up in Zambia. He holds a Diploma in Agriculture. Mrs Jones is a Zimbabwean citizen with a degree in Education. Project Cost Including Proposed IFC Investment The project is estimated to cost US$2.2 million and IFC has been requested to provide a loan of US$890,000. Location of Project and Description of Site The project will be located on a 206 hectare farm in Chisamba, 60km north of Lusaka, Zambia. Description of Company and Purpose of Project JY Estates Limited is a Zambian registered company which intends to establish a 5 hectare rose project at Kamwaysunka Farm in Chisamba. JY has been successfully running a 3 hectare export rose project on the outskirts of Lusaka, Zambia for the last three years Expected Developmental Impact IFC''s investment will contribute to the creation of 230 jobs comprising of 200 labourers and 30 administrative and management staff. This will improve the quality of life of over 2,000 people in the surrounding areas. The project will generate substantial foreign currency earnings for Zambia. The projects earnings will all be in foreign currency. Environmental Category and Issues This is an environmental review category B project. Environmental, occupational, health and safety issues include pesticides handling and application, integrated pest management, water supply, liquid and solid waste disposal, CFCs, disposal/destruction of pesticides and provision of personal protective equipment and framing. The sponsors have agreed to comply with applicable World Bank and Government of Zambia environmental requirements. The environmenal Review Summary is available from the Public Information Center. Date SPI sent to PIC February 18, 1997 For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 676-0365. L:\CAF\AEF\ZAM\JYESTSPI.DOC February 13, 1997 3:11 PM Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
JY Estates Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AH - Horticultural Products (Flowers)
Total: $0.89 million
890000.00
890000.00
JY Estates Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7907/aef-j-y-estate
XM-DAC-903-SPI-7908
International Finance Corporation
Finance Bank of Zambia Limited
Summary Of Project Information (SPI) Project Name Zambia - Finance Bank Zambia (FBZ) Limited RegionSub-Saharan Africa Sector Project No007908 Projected Board DateDecember 31, 1996 Company NameFinance Bank Zambia (FBZ) Limited Technical Partner and/or Major Shareholders Finance Bank Zambia (FBZ) Limited Project Cost Including proposed IFC investment up to US$5 million Location of project and Description of site Throughout Zambia Description of Company and Purpose of Project The project involves an IFC loan of up to US$5 million to Finance Bank Zambia Limited to be used for trade and project finance purposes. Finance Bank Zambia is the largest locally owned private bank in Zambia with an asset and equity base of about US$60 million and US$5 million equivalent. The IFC loan would serve to channel much forex term finance to fund the operational and expansion needs of Zambian enterprises. Environmental Category and Issues This is a category FI project according to IFCs environmental procedures. For relevant project finance operations, FBZ will be required to do an environmental review of eligible investee companies operations. Date SPI sent to PIC November 18, 1996 For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 676-0365
Finance Bank Zambia Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AA - Commercial Banking - General
Total: $5.00 million
5000000.00
5000000.00
Finance Bank Zambia Limited
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/7908/finance-bank-of-zambia-limited
XM-DAC-903-SPI-8570
International Finance Corporation
Konkola Copper Mines Plc (KCM)
Summary Of Project Information (SPI) Project Name Zambia - Konkola Copper Mines plc RegionSub-Saharan Africa Sector Project No008570 Projected Board Date27 January 2000 Company NameKonkola Copper Mines plc (KCM) Technical Partner and/or Major Shareholders Zambia Copper Investments Ltd. (ZCI), an Anglo American plc (Anglo) subsidiary, will be a major shareholder with 65% of Konkola Copper Mines plc (KCM). Zambia Consolidated Copper Mines Ltd. (ZCCM) will own 20% and IFC and CDC Group plc are expected to each own 7.5% of KCM. Project Cost Including proposed IFC investment Total project cost is estimated at $260 million to be financed by equity subscriptions and shareholder loans. IFC''s investment is expected to be $30 million in equity and shareholder loans. Location of project and Description of site The project is the purchase and 2-year rehabilitation program of the mining and processing facilities of the Konkola, Nchanga and Nampundwe divisions of ZCCM. The Konkola and Nchanga divisions are located on the Zambian Copperbelt about 250 km from Lusaka, the capital of Zambia. The Nampundwe division is located 80 km from Lusaka. Description of Company and Purpose of Project KCM will initially focus on the rehabilitation of the assets, with virtually all aspects of the mining and milling facilities at each of the mines being refurbished and/or upgraded. The assets have suffered from many years of underinvestment, declining production and high operating costs and it will take a number of years to rehabilitate the assets, improve management and reduce costs. Production is expected to increase from the current annualized level of 180,000 tpa of finished copper to over 220,000 tpa of copper. Concentrate would be railed to the existing Nkana smelter and refinery for processing. The Nkana smelting and refining facilities will continue to be owned by ZCCM for the time being but will be managed by Anglo American plc. The copper industry is the most important sector in Zambia, representing 80% of the countrys total export. The revitalization of this industry in a sustainable manner is, therefore, crucial for the country, and has been a key component of World Bank Group strategy. The KCM assets are the essential part of this privatization, and IFC involvement would provide the final impetus to allow their successful privatization, which would create a significant development impact. Environmental Category and Issues This is a Category A project. Existing environmental data is extensive and indicates that the existing sites produce adverse environmental impacts of a sensitive and diverse nature. Key environmental issues include: emissions of gaseous and particulate pollutants (particularly from the Nkana smelter); liquid effluent discharges; contaminated land; solid and liquid waste management; tailings dam stability; handling and storage of hazardous materials and; reclamation and closure. Occupational Health and Safety Issues include safety technology, safety management, compliance with occupational exposure limits, personal protective equipment and employee training. Privatization of the mines and associated facilities and future construction and expansion activities will result in a range of significant social impacts. Retrenchment of the workforce and interim management arrangements for the transfer of responsibility for the provision of services such as health, education, housing, water, sanitation and power are being negotiated between Anglo, ZCCM and the World Bank and will need to be carefully monitored. Other important social issues that have been considered include: public consultation and disclosure; involuntary resettlement; cultural property; health and safety; informal activities and settlements on the concession; anticipated population influx; and maximization of local employment and entrepreneurial opportunities linked to mining operation. The is from the InfoShop. Host country location of environmental documents 1. Lusaka (World Bank Office) P.O. Box 35410 Lusaka, Zambia10101 2. Kitwe (ZCCM Nkana offices) Operations Centre P.O. Box 20172 Kitwe, Zambia 3. Chililabonombwe (ZCCM Konkola offices) P.O. Box 210001 Chililabonombwe, Zambia 4. Nchanga (ZCCM offices) P.O. Box 10063 Chingola, Zambia Date revised SPI sent to InfoShopJanuary 3, 2000 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For Additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 974-4384 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).
Konkola Copper Mines Plc
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
BC - Copper
Total: $30.00 million
22800000.00
7200000.00
22800000.00
Konkola Copper Mines Plc
7200000.00
Konkola Copper Mines Plc
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8570/konkola-copper-mines-plc-kcm
XM-DAC-903-SPI-8606
International Finance Corporation
National Insurance Company of Zambia Limited
Summary Of Project Information (SPI) Project Name Zambia-National Insurance Company (Zambia) Limited Region Sub-Saharan Africa Sector Project No008606 Projected Board DateDecember 1, 1997 Company NameNational Insurance Company (Zambia) Limited (NICOZAM) Technical Partner and/or Major Shareholders National Insurance Company of Malawi Project Cost Including proposed IFC investment US$2.0 million total project cost. It is proposed that IFCinvests up to US$300,000 equivalent for a 15% stake in NICOZAM). Location of project and Description of site Zambia Description of Company and Purpose of Project The project involves setting-up a general insurance company, National Insurance Company (Zambia) Limited (NICOZAM) in Zambia. NICOZAM will initially focus on the provision of general insurance and subsequently enter into life insurance. IFCs involvement in the project will provide the necessary credibility to the technical partner, NICO, which despite its strong track record is not widely recognized outside Malawi Environmental Category and Issues This is a Category C project according to IFCs Environmental Review Procedures. Date SPI sent to PIC October 16, 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) 974-4384
National Insurance Company (Zambia) Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
JB - General Insurance (Non-Life)
Total: $0.40 million
400000.00
400000.00
National Insurance Company (Zambia) Limited
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8606/national-insurance-company-of-zambia-limited
XM-DAC-903-SPI-8680
International Finance Corporation
Zamcell Ltd.
Summary Of Project Information (SPI) Project Name Zambia-Zamcell Region Sub-Saharan Africa Sector Project No008680 Projected Board DateJune 29, 1998 Company NameZamcell Limited Technical Partner and/or Major Shareholders Mobile Systems International ("MSI")- 80%, a UK based consultancy firm specializing in cellular network design, enginering and operation. MSI is also an experienced operator with investments in cellular networks in Hong Kong, India and Uganda. Mitsui and Company, Limited ("Mitsui")- 10%, a Japanese conglomerate active in the area of telecommunications in Asia and other parts of the world. Project Cost Including proposed IFC investment US$16 million project cost (over the 1998-2000 period). IFC would provide for its own account a senior US$4.5 million A Loan and US$650,000 of equity. IFC would also mobilize senior debt of about US$4.5 million from other sources. Location of project and Description of site Zambia - countrywide cellular network. Description of Company and Purpose of Project Project involves the installation and operation of a nationwide GSM (Global System for Moble Communications) cellular telephone network. Zamcell, a joint venture between MSI and Mitsui, is negotiating a 15-year license to install and operate a digital cellular system in Zambia. Zamcell plans to commence services in Lusaka, the capital city, and the Copper Belt region by year-end 1998. This project would bring in modern technology and management systems as well as help upgrade the country''s telecommunications infrastructure. The project will help support the needs of the business community as well as fulfill demand for more and better quality communications. Environmental Category and Issues This is an environmental review category B project; principal issues involve right-of-way alignment, land acquisition, access road construction, development of previously undisturbed and, tower site selection, PCBs and Halons, solid and liquid waste treatment and disposal, fire prevention and emergency response, and worker safety. The sponsor has presented preliminary plans to address these issues and it is anticipated that the proposed project will comply with applicable Government and World Bank policies and guidelines: Zamcell will be required to provide IFC with a right-of-way impact mitigation plan, and if necessary, a land acquisition plan, for clearance by IFC, prior to establishment of any new right of way. Zamcell will implement OSHA 2206 health and safety codes for lighting protection. The generators used for back-up power supply will be installed with sound attenuation enclosures. Genset fuel storage tanks will be equipped with secondary containment, and will comply with U.K. standards and EPA regulations. No equipment containing PCBs will be installed, and any existing equipment containing PCBs will be phased out according to World Bank guidelines and EPAs 40 CFR 761 code. Zamcells facilities will be equipped with fire protection devices, and medical care units. Employees will be trained in environmental health and safety matters including accident prevention, emergency response and preparedness. Zamcell has committed to providing IFC with a copy of their environmental policy. The company has also committed to designate a person to oversee environmental, health and safety matters. The is May 22, 1998 from the Public Information Center. Date SPI sent to PIC May 14, 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).
AIRTEL NETWORKS ZAMBIA PLC
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AC - Mobile Telephony
Total: $5.10 million
4500000.00
600000.00
4500000.00
AIRTEL NETWORKS ZAMBIA PLC
600000.00
AIRTEL NETWORKS ZAMBIA PLC
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8680/zamcell-ltd
XM-DAC-903-SPI-8872
International Finance Corporation
AEF Amaka Cotton Ginneries Limited
SUMMARY OF PROJECT INFORMATION (SPI) Project Name Zambia-Amaka Cotton Ginneries Limited Region Sub-Saharan Africa Sector Agri-business Project No 008872 Projected Board Date June 30, 1998 Company Name Amaka Cotton Ginneries Limited Technical Partner and/or Major Shareholders Amaka Cotton Ginneries Limited is a Zambian company equally owned by Amaka Holdings Limited, Swarp Limited and Mukuba Textiles Limited. Amaka Holdings Limited comprises seven small to medium size Zambian companies dealing in transport, farming and construction. Swarp Limited is the holding company for Swarp Spinning Mills Limited, the largest textile company in Zambia. Mukuba Textiles is a smaller textile company located on the Copperbelt. Project Cost Including proposed IFC investment The project cost, including seasonal working capital for purchase of seed cotton, is estimated at US$6,229,000 and IFC has been requested to provide a loan of US$1,300,000. Location of project and Description of site The project is located in Kabwe, 160km north of Lusaka, on a site owned by the sponsors. The site is developed and has a large warehouse, an office block and a railway siding. Description of Company and Purpose of Project Amaka Cotton Ginneries was setup in 1995. The company is setting up a cotton ginnery to produce cotton lint for sale. Seed cotton will be purchased mainly from small scale farmers through cotton outgrower companies. Lint will be sold locally mainly to the shareholding companies. The gin is being supplied from China by Zambia-China Mulungushi Textiles Joint Venture Project, a textile company located in Kabwe. IFCs finance will complete the financing plan. Environmental Category and Issues This is an environmental review category B project. Environmental and occupational health and safety issues include source of power and water, treatment and disposal of process effluent; disposal of solid and other liquid wastes including sewage; ambient dust emissions; employee exposure to dust, heat and noise; provision of personal protective equipment and health and safety training for employees; fire safety and emergency response; and plant hygiene and housekeeping practices . Liquid wastes generated by the process are minimal. Sewage and solid waste from the plant will be handled by municipal authorities. Employees will receive appropriate training in safety procedures and will be provided with protective equipment. Dust levels within the plant will be controlled with a system of ducts and cyclone extractors. A comprehensive fire safety system including alrms, smoke detectors, a fire ring, and hose reels will be installed in the plant The Environmental Review Summary was submitted to the Public Information Center on March 26, 1998. Date SPI sent to PIC April 15, 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 \\StreetTalk\Shared Data@CAFNET@IFC\CAF\AEF\ZAM\AMAKA.SPI April 15, 1998 3:55 PM Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Amaka Cotton Ginneries Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AI - Natural Fibers (Cotton, Sisal, Jute, etc.)
Total: $1.30 million
1300000.00
1300000.00
Amaka Cotton Ginneries Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/8872/aef-amaka-cotton-ginneries-limited
XM-DAC-903-SPI-9055
International Finance Corporation
AEF Drilltech Engineering Services Limited
SUMMARY OF PROJECT INFORMATION (SPI) Project Name Zambia-Drilltech Engineering Services Limited Zambia Region Sub-Saharan Africa Sector Mining Project No 009055 Projected Board August 30, 1998 Date Company Name Drilltech Engineering Services Limited Technical Partner and/or Major Shareholders Drilltech Engineering Services Limited is a Zambian company owned by William Mwiinga (53.3%), Zambia Venture Capital Fund (33.3%) and other employees of Drilltech (13.4%). William Mwiinga(43) has a degree in Mechanical Engineering and several years experience at top management level. He joined Boart Longyear Zambia Limited in 1995 and led the management buy-out of the drilling division, which resulted in formation of Drilltech. ZVCF is principally owned by CDC and is one of the few sources of long term funding in Zambia . Project Cost Including proposed IFC investment The project cost is US$950,000 and IFC has been requested to provide a loan of US$350,000. Location of project and Description of site The project is located in industrial area of Kitwe, on the Copperbelt. Description of Company and Purpose of Project Drilltech was setup in 1997. The company bought, from Boart Longyear, two diamond core surface exploration drilling rigs, four water well drilling rigs, and workshop equipment. The sponsors plan to upgrade the two old-type diamond drilling rigs and to buy a rotary rig which can be used for both surface and water well drilling. The modernisation and expansion project will enable the company to double the number of water wells drilled and to consolidate its mineral exploration drilling market. IFCs finance will complete the financing plan. Environmental Category and Issues This is a Category B project according to IFC''s environmental review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. Environmental health and safety issues include source of water and power on site, including fuel storage; dust emissions from drilling operations; contamination of ground water and/or surface waters; disposal of solid and other liquid wastes on site, including sewage; safety of underground structures and works; employee exposure to dust, heat and noise; provision of employee personal protective equipment; employee health and safety training; and fire safety and emergency response provisions. IFC has reviewed copies of Drilltech environmental policy and employee health and safety practices as well as the proposed mitigation measures for the project. Drilltech normally draws water from its clients water supply source for the period that it is operating on site and waste water is generally discharged to the client''s drainage system. Power is supplied by means of diesel powered generators, and fuel for generators is stored on site. At IFC''s request, Drilltech will in future store all fuel drums on bunded cement slabs, the bunds will be packed with sawdust to soak up any fuel that spills, and the sawdust will be incinerated on site as needed. Waste oil is collected in drums and returned to Drilltech''s headquarters, where it is sold to mines for use as combustion fuel for furnaces. Dust emissions from drilling are controlled through wet drilling and bentonite is used as a drilling lubricant to keep dust levels down. Solid and liquid biodegradable wastes are buried on site in a central landfill area. Non-biodegradable wastes are returned to the company''s headquarters where they are recycled or disposed at a municipal waste site. In accordance with Zambian regulations, drill rig and workshop personnel are provided with goggles or face shield, hard hat, overalls, gloves, steel toed boots, and ear plugs or ear muffs. Use of this equipment is strictly enforced. To ensure that it undertakes work only for clients that adhere to these regulations, Drilltech has made it a policy only to accept contracts with mining companies operating within the requirements of national environmental protection laws. Drilltech will provide IFC an annual list of the mines for which it has performed contract drilling services, as well as written confirmation from the Ministry that each of these mines is operating in a manner that conforms to all Government of Zambia requirements. The Environmental Review Summary (ERS) is expected to be available on or about May 29, 1998 from the Infoshop. Date SPI sent to Infoshop May 21, 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).
Drilltech Engineering Services Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
BA - Iron (Pellets, etc.)
Total: $0.35 million
200000.00
150000.00
200000.00
Drilltech Engineering Services Limited
150000.00
Drilltech Engineering Services Limited
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9055/aef-drilltech-engineering-services-limited
XM-DAC-903-SPI-9396
International Finance Corporation
Lusaka InterContinental
Summary Of Project Information (SPI) Project Name ZAMBIA - Lusaka Inter-Continental RegionSub-Saharan Africa Sector Project No009396 Projected Board DateJune 19, 1999 Company NameHotel Inter-Continental Lusaka Technical Partner and/or Major Shareholders The sponsor is Marasa Holdings Limited, a company of the Madhvani Group which is the largest private company in Uganda, employing over 13,000 people. The Group has interests in a wide range of industries including agriculture, packaging and steel. In the growing services sector of Uganda, the Madhvani Group has a presence in tourism, media & communications, information technology, insurance and trading. Masara Holdings Limited is the Groups company responsible for its interests in the tourism sector. Masara was the successful bidder in the Government of Zambia''s sale of the Inter-Continental Hotel in Lusaka. The sponsor has entered into an agreement with the Intercontinental Hotel Corporation (IHC), whereby IHC will continue to manage the hotel, and has requested IFC to support a rehabilitation project. Project Cost Including proposed IFC investment Project Cost: $18.3 million (purchase and rehabilitation of the assets); the requested IFC investment: $5.0 million senior loan. Location of project and Description of site The project is located on Haile Selassie Avenue, in the diplomatic area of Lusaka. The site includes extensive ground for car parking and possible future commercial use. The existing building is in a reasonable state but needs selective modernisation and rehabilitation, as well as the replacement of much of the furniture and fittings. Description of Company and Purpose of Project Hotel Inter-Continental Lusaka was privatized in March 1998. Previously it was owned by Zambia Hotel Properties, a parastatal 80% owned by the Government. The project aims to recapture the hotel''s former share of the market for business and leisure travelers. It will preserve the jobs of 275 employees. The partnership of Inter-Continental Hotels Corporation and the Madhvani Group will bring quality staff training and development and should contribute to the development of the tourism sector in the country. IFC will play a key role by providing long term financing, which is scarce in the country. Environmental Category and Issues This is a Category B project according to IFC''s environmental review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. The key environmental health and safety issues that were analyzed are as follows: sewage and liquid effluents; solid waste; water and power supply; CFCs; fire protection; employee safety training; and emergency response. The is from the InfoShop. Host country location of environmental documents Hotel Inter-Continental Lusaka Date SPI sent to InfoShop May 19, 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).
Marasa Holdings Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AA - City and Business Hotel
Total: $4.60 million
4600000.00
4600000.00
Marasa Holdings Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9396/lusaka-intercontinental
XM-DAC-903-SPI-9465
International Finance Corporation
AEF Esquire
SUMMARY OF PROJECT INFORMATION (SPI) Project Name: Zambia: Esquire Roses Farm Limited Region: Sub-Saharan Africa Sector: Floriculture Project No: 009465 Projected Board June 30, 1999 Date: Company Name: Esquire Roses Farm Limited Technical Partner and/or Major Shareholders The sponsors of the project are two brothers, Alpesh Patel (30) and Kalpesh Patel (27). They are Indian nationals with Zambian permanent residence. The main sponsor is Alpesh with a 98% shareholding. He is a mechanical engineer, who prior to moving into rose growing owned an engineering company specializing in the construction of greenhouses and packing shed material. Mr. Kalpesh Patel is also a qualified mechanical engineer who owns and runs a 30 hectare export vegetable project. Project Cost Including proposed IFC investment The project cost is US$930,000 and IFC has been requested to provide a loan of US$465,000. Location of project and Description of site The project is located on a 12-hectare plot in Makeni, 25km west of Lusaka, Zambia. Description of Company and Purpose of Project The project entails the expansion of an existing and successful export rose project from 2 to 4.5 hectares. The expansion will enable the project to benefit from production and marketing economies of scale, thereby significantly improving its margins. Using own funds, the sponsors have already cleared the land and completed construction of the first additional half-hectare greenhouse. The roses will be sold primarily through the Dutch auction system. Environmental Category and Issues This is a category B project according to IFCs environmental review procedure. Key environmental health and safety issues associated with this project include source of water and impacts on other users of proposed irrigation scheme; source of power supply including on-site fuel storage, if applicable; storage, handling and application of agrochemicals; integrated pest management, disposal of solid and liquid wastes including sewage; CFC-free cold storage and air conditioning equipment; provision of employee personal protective equipment; employee health and safety training and monitoring; proper disposal of used pesticides containers; and fire protection and response. The sponsors have provided IFC with details of the procedures and mitigation measures they intend to use to ensure that the project complies with all relevant World Bank Group guidelines. Details of these procedures are provided in the Environmental Review Summary (ERS) for the project, which is expected to be available from the InfoShop on or about April 5, 1999. Host Country location of environmental documents: Environmental Council of Zambia, Corner of Church and Suez Roads Lusaka, Zambia phone: 254130/1, 254146; fax: 254164 Date SPI sent to PIC: March 31st 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).
Esquire Roses Farm Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AH - Horticultural Products (Flowers)
Total: $0.45 million
450000.00
450000.00
Esquire Roses Farm Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9465/aef-esquire
XM-DAC-903-SPI-9654
International Finance Corporation
African Plantations
S UMMARY O F P ROJECT I NFORMATION (SPI) Project Name Zambia - African Plantations Region Sub-Saharan Africa Sector Agriculture Project No 009654 Projected Board Date March 15, 1999 Company Name African Plantations Company Limited and African Highlands Plantations Limited Technical Partner and/or Major Shareholders African Plantations Company Limited and African Highlands Plantations Limited (the company) is owned by African Plantations Corporation LDC (APC), a Cayman Island registered company. Significant shareholders of APC are New Africa Investments (43%), Silver Holdings (19%), and MADA Limited (10%). The principal individual shareholder is Thomas Kaplan, a US national, who has a 47% shareholding through New Africa Investments and in person. Project Cost Including proposed IFC investment The project is estimated to cost US$8.5 million and IFC has been requested to provide a loan of US$2.5 million. Location of project and Description of site The project is located in the Northern Province of Zambia, near Kasama and Mbala towns. Description of Company and Purpose of Project The company operates three coffee estates; Kateshi, Ngoli and Isanya, which currently have a total of 1,280 ha of coffee. In the next two years an additional 344 ha of new coffee will be planted and 215 ha of the remaining old coffee replanted to complete the companys planned 1,624 ha coffee plantation development. Kateshi and Ngoli Estates, owned by African Plantations Company Limited, were failed government plantations acquired by the sponsor in 1996. Isanya, owned by African Highlands Plantations Limited, was a private mixed farm. The project will result in the following direct benefits; (i) securing existing jobs at the company, the private largest employer in northern Zambia, and creation of about 100 additional permanent jobs and at least 2000 seasonal jobs; (ii) increase in economic benefits to northern Zambia, a largely under-developed region; (iii) demonstration effect of successful coffee cultivation in northern Zambia, a region whose excellent conditions for coffee cultivation have not been exploited; (iv) generation of foreign exchange earnings for the country in the medium to long-term; and (v) skills transfer to locals. (vi) The project will also assist the success of Zambias privatization program by completing the redevelopment envisaged by government when ZCCL was privatized. Environmental Category and Issues This is a Category B project according to IFC''s environmental procedure. Environmental, health and safety issues analyzed with respect to the plantations included selection, handling, application and disposal of agrochemicals; integrated pest management; provision of protective equipment and employee training; regular medical check-ups for employees handling agrochemicals; and agrochemical container disposal. Key issues analyzed regarding irrigation systems included source and volume of water supply; impacts on riverine hydrology; potential loss of grazing land and wildlife habitat if applicable; impact on fisheries and subsistence fishing if applicable; minimum flow maintenance and impacts on downstream users; increased waterborne diseases; restoration of land disturbed during rehabilitation and construction; and worker safety during construction. The issues analyzed with respect to processing plants included power supply including fuel storage if applicable; emissions from boilers and other sources; workplace hygiene and housekeeping; provision of personal protective equipment and employee health and safety training; solid and liquid waste disposal; and fire protection/ life safety. IFC prepared a detailed Environmental Review Summary (ERS) for the project, which was made available through the IFC InfoShop on December 17, 1999. The sponsors have made the ERS available for public review in Kasama and Lusaka, and a notice was published in the Times of Zambia on October 18 and 19, 1999, announcing the availability of the ERS for review. Host Country location of African Plantations Company limited, environmental documents Kasama. Date SPI sent to InfoShop February 14, 2000 This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration. For additional Information contact: Corporate Relations Unit - telephone: (202) 473-7711 facsimile: (202) 974-4384 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).
Africa Plantations Company Limited and African Highlands Plantations Company Limited
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AD - Coffee, Cocoa, Tea
Total: $2.50 million
2500000.00
2500000.00
Africa Plantations Company Limited and African Highlands Plantations Company Limited
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/9654/african-plantations
XM-DAC-903-SPI-10295
International Finance Corporation
AEF VG LIMITED
VG Limited is a large construction and trading company based in Ndola. The company is a family company which has been in the construction business for the last 37 years. In addition to construction, the company is involved in provision of rented accommodation to tourists and business persons, interior design, potteries and other miscellaneous trading activities . The project will have the following developmental impacts: (1) expansion of a vital support sector which is an essential element of industrial development in the Copperbelt; (2) increased competition in an area with only one international standard hotel; (3) creation of 30 new jobs. The jobs created will have a direct positive impact on the life of at least 300 people. The IFC investment is consistent with the World Bank Group''s strategy for Zambia, as it relates to the promotion of private sector growth and participation in sectors of the economy which were previously under government control inorder to increase competition, capacity and efficiency. IFC''s loan support will have a positive impact on the Zambian economy and is critical in completing the financing plan in a country with very little long term finance. The IFC investment will also have a demonstration effect and more international organizations will feel more comfortable in investing in Zambia''s SME sector.
Michelangelo Executive Lodge Limited
Plot 126 Broadway Road, Ndola, Zambia. Tel: 260 2 620326, Fax: 260 2 620325
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
The project entails the establishment of a 15 suite (34 beds) lodge project in Ndola, Zambia. The sponsors, utilizing own resources, have bought two adjacent plots with existing structures which they have renovated and converted into offices, restaurant, bar, and coffee shop. They have also built and partially equipped the first 5 suites. These facilities are already in use. Work has also started on the remaining 10 suites. The suites will be self contained with air-conditioning, satellite television, radio, bar etc. The lodge is located about 2 km from downtown Ndola in a queit residential suburb. The area has only one medium quality hotel which cannot cope with the increase in business. The lodge will provide business persons with a quality product conveniently located in the largest town in the Copperbelt and only 2.5 kilometers from the only airport in this part of the country.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AB - Resort Hotel (Including Lodges)
Total: $0.20 million
200000.00
200000.00
Michelangelo Executive Lodge Limited
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10295/aef-vg-limited
XM-DAC-903-SPI-10526
International Finance Corporation
Chingaola Hotel
The project company is a new company formed to establish and run the proposed project. The new 40 room project will be Chingola''s first graded hotel and will cater for business and other visitors to Chingola, the center of Zambia''s copper mining activity. Currently most visitors to Chingola are staying in guesthouses in Kitwe, more than 70 km away. In addition to accommodation, the hotel will provide conference facilities, shop and office space which will be rented out. The project will have the following developmental impacts: (1) form an essential part of the business infrastructure in the Copperbelt and provide important support for mining sector development in the Copperbelt; (2) create 100 new jobs which will improve the lives of over 1,000 people in and around Chingola. IFC appraised the project and advised the sponsor on critical issues relating to design, marketing, competition, financial structuring, management and environmental issues. IFC will also help complete the financing of the project in a country with very little long term financing.
Chingola Hotel
Mark O''Donnell Odonnell@zamnet.zm
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
T he project is located in the town of Chingola in Zambia''s Copperbelt. The site is 3.76 hectares and lies about a kilometre southeast of the town center, adjacent to the Civic Center along Kabundi road which links the mining areas with the main prime residential area. The site is opposite the Chingola Golf Club.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AA - City and Business Hotel
Total: $0.96 million
960000.00
960000.00
Chingola Hotel
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/10526/chingaola-hotel
XM-DAC-903-SPI-25537
International Finance Corporation
Madison Insuranc
Lawrence Sikutwa & Associates, trading as Madison Insurance Group (Madison Group, or the Group or the company), was established in 1994 to hold and represent shareholding interest of management in Madison Insurance Company following the liquidation of Meridien International Bank, which was a holding company for Madison Insurance Company Limited. Following the amendment of the Insurance Act in December 2005 to enforce a segregation of operation between life insurance and non-life insurance underwriting, Madison Insurance Company Limited was split into two business entities namely: Madison General Insurance Company (Zambia) Limited and Madison Life Insurance Company (Zambia) Limited. The Group has also expanded to include Madison Investment Company Limited and Madison Health Solutions Limited. The project consists of an equity investment of up to $2 million for a shareholding of up to 15% (IFC Equity Investment) and a senior loan of up to $3 million (IFC Loan) to the Group. Madison Group is the leading insurance group in Zambia. The projects main objective is to strengthen and expand the operational capacity of Madison Group in Zambia. The proposed investment allows IFC to: - support mid-tier local insurance groups in the African region both through financial and non-financial assistance; - support the Group with its strategy of expanding its activities into property development and mortgage financing through its subsidiary Madison Investment Company Limited.
The potential developmental, institutional and capacity building impact of the project is high. The capitalization proposed for Madison will help reinforce the local insurance industry in Zambia and help the company better compete with foreign based insurers in the local and regional markets. This will in turn reduce the amount of capital leaving the country for the accounts of non-Zambian insurers. IFC''s investment will help in the transformation of an existing local institution into a strong and viable private sector entity that will attract other foreign players into the Zambian insurance industry. The investment will have an important demonstration effect in that it will result in an increase in the overall market size of private insurance in the country. Insurance companies have a disproportionately high impact on economies because they are necessarily large investors who directly affect the general economy through their operations. In order to settle claims that may arise, insurers invest excess premium income to build a portfolio of financial assets and income-producing real estate which can then be called upon to pay off any future claims that arise. A vibrant insurance industry can be a reliable source of long-term capital, which is lacking in Zambia as well as in many African countries. The provision of quality insurance is therefore crucial for the development of a healthy and dynamic private sector and long-term capital markets.
MADISON FINANCIAL SERVICES PLC
Mr. Rhoydie Chisanga, Managing Director Madison Insurance Group Telephone: 260 (01) 295 311-17 Fax: 260 (01) 295 320 / 295 527 E-mail: chisanga@madison.co.zm Website: www.madison.co.zm
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Lawrence Sikutwa & Associates Limited is headquartered in Lusaka, Zambia and has 12 branches across Zambia. Investments can be made throughout the Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
JC - Composite Insurance (Life and Non-life)
Total: $7.00 million
5000000.00
2000000.00
5000000.00
MADISON FINANCIAL SERVICES PLC
2000000.00
MADISON FINANCIAL SERVICES PLC
Summary of Project Information
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/25537/madison-insuranc
XM-DAC-903-SPI-25605
International Finance Corporation
AEF Protea Hotel
The project consists of the construction and operation of Protea Hotel Arcades (PHA or the company), a four-star 100-room hotel with two large conference facilities. The project will serve the growing demand for quality accommodation in Lusaka which is driven by a buoyant economy with a 5% yearly GDP growth rate.
Through PHA, an additional 60 direct and 100 indirect jobs will be created. Union Gold has helped raise the Zambian standards for the hotel industry by bringing Protea into the country. Through PHA, Union Gold will also develop the underserved mid-market of the hotel industry, providing an opportunity for local travellers to find affordable and practical accommodation strategically located between the airport and Lusaka and next to a shopping center. By building PHA within the AM retail center, Union Gold is introducing a new business model for the Zambian hospitality industry that will stimulate both hotel and retail sectors
PROTEA HOTEL ARCADES LIMITED
Mrs Efi ODonnell, Finance Director Union Gold 1633 Malambo Road (Box 51018), Lusaka, Zambia Telephone: +260 1 242780/2 Fax: +260 1 242 785 E-mail: efi@zamnet.zm
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Protea Hotel Arcades will be located at the popular Arcades Mall (AM) next to the main road connecting the international airport to the central business district of Lusaka. AM is the countrys most prominent shopping and entertainment complex with movie theaters, a bowling alley, restaurants, fast food kiosks, banks and retail shops, including AMs flagship store, Spar Zambia. It receives visitors from Lusaka and its region and from neighboring countries.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AA - City and Business Hotel
Total: $1.80 million
1800000.00
1800000.00
PROTEA HOTEL ARCADES LIMITED
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/25605/aef-protea-hotel
XM-DAC-903-SPI-28130
International Finance Corporation
Kiwara Plc Project
Kiwara Plc (Kiwara or the Company) is a London-based mineral exploration company focused on exploring and developing base metals deposits in Zambia. The company, through its subsidiary Kiwara Resources (Zambia) Ltd, holds 80 % of Kalumbila Minerals Ltd, which holds Prospecting Licence 267 (PL 267 or the License Area). The project involves continued exploration at the License Area, which includes resource definition drilling and commencement of pre-feasibility studies. Kiwara is seeking IFCs engagement to help finance the companys exploration activities in line with industry best practice in environmental and social sustainability.
The project is located in a frontier region in a rural area of Zambia with very limited employment opportunities. The proposed financing will support the companys existing workforce of 58 staff. Recent changes in Zambias mining tax regime are aimed at improving investor perception of Zambia as a good destination for mining investments. IFCs investment will demonstrate support for the mining sector which is being adversely affected by the currently low copper prices. Furthermore, the company has a very prospective nickel deposit which, if developed with IFCs assistance, would help the Zambian economy diversify away from copper dependence. Because the investment predates any feasibility study, it is not yet possible to fully quantify or specify the potential development impacts during production stage. However, potential development impacts at the mine production stage could include: - local employment and sourcing; - taxes, royalties and other payments to the government; - technology and management skills transfer; - setting new environmental and social benchmarks for mining operations in Zambia; and - development of transportation and energy infrastructure which would improve possibilities for other economic activities.
Kiwara plc
Main sponsor contact: Peter Vivian-Neal, Chief Executive Officer Kalumbila Minerals Ltd Plot 6026 Chgwilizano Road, Northmead, Lusaka Zambia Tel: +260 211 293 899 Mob: +260 977 125 767 Fax: +260 211 293 899
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
PL 267 lies in northwestern Zambia, some 472 kilometres (km) northwest of the Zambian capital, Lusaka, and approximately 316 km west of Kitwe and 122 km west of the provincial capital, Solwezi. The property is a greenfield site. Access is by paved and unpaved roads, with driving time of about 2 hours from Solwezi and 6 hours from Ndola.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
BD - Nickel
Total: $15.00 million
15000000.00
15000000.00
Kiwara plc
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/28130/kiwara-plc-project
XM-DAC-903-SPI-28186
International Finance Corporation
AB Bank Zambia Limited
The project consists of an equity investment and technical assistance funding for the establishment and expansion of AB Bank Zambia (AB Zambia or ABZ). ABZ will be a greenfield microfinance bank sponsored by Access Microfinance Holding AG (AccessHolding), an investment company, and LFS Financial Systems, an associated German consulting firm with recognized expertise in microfinance. The Bank will specialize in providing a broad range of financial services to urban and semi-urban micro, small and medium enterprises as well as low income individuals in Zambia. It is expected that after five years the Bank will have eight branches, a loan portfolio of $50 million, comprising over 25,000 customers. The purpose of the project is to expand crucial financial services to a sector that rarely has access to services offered by formal financial institutions.
The project will have a high development impact considering that microfinance has been shown to play a major positive role in reducing poverty and unemployment in developing countries. The initiative will strengthen the provision of microfinance services in Zambia, where access to finance is limited for low income populations. By creating a new institution able to sustain microfinance on commercial terms and following best practices, the project has the potential to generate a substantial increase in the long term availability of financial services for the poor. The project will also show local banks that sound microfinance can be sustainable and generate attractive returns. As a consequence, it is expected that the interest of local banks in the micro enterprise and SME sector will be strengthened.
ACCESS BANK ZAMBIA LIMITED
Christoph Diehl
Access Microfinance Holding AG
Linienstr, 126
D-10115, Berlin
Germany
Telephone: +49 30 30 87 47 0
E-mail: Christoph.Diehl@accessholding.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
AB Zambia will provide financial services to urban and semi urban micro, small and medium enterprises in the capital of Lusaka and other main urban centers of Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AC - Commercial Banking - Microfinance and Small Business
Total: $0.96 million
960000.00
960000.00
ACCESS BANK ZAMBIA LIMITED
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/28186/ab-bank-zambia-limited
XM-DAC-903-SPI-28361
International Finance Corporation
Zambia National Commercial Bank Plc
The proposed project consists of a senior loan of up to $25 million to Zambia National Commercial Bank Plc (Zanaco or the Bank) one of the largest banks in Zambia. The projects main objective is to address the scarcity of term finance in Zambia, which has resulted in Zambian commercial banks relying on their capital, or taking maturity risk in order to finance longer term projects. The proposed investment allows IFC to address part of these constraints by making available long term foreign exchange resources through an efficient financial institution.
The project is expected to contribute to private sector development in Zambia by providing long-term finance to one of Zambias major financial institutions for on-lending to the banks selected local customers, thus supplementing the countrys low foreign direct investment. The project will enable the Bank to provide more affordable long term financing for agriculture and support corporate and medium enterprises and have a catalytic effect on the small and medium sized sector by enhancing the banks ability to on-lend funds to underserved sectors.
ZAMBIA NATIONAL COMMERCIAL BANK PLC
Mr. Mark H. Wiessing Managing Director Zambia National Commercial Bank Plc. Zanaco Head Office Building Chainda Place, Cairo Road Lusaka Phone:+ (260) 211 224005 Fax:+ (260) 211 224006 Email: wiessing@zanaco.co.zm
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
The location of the project is Lusaka, Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AA - Commercial Banking - General
Total: $25.00 million
25000000.00
25000000.00
ZAMBIA NATIONAL COMMERCIAL BANK PLC
Summary of Project Information
See Environmental and Social Management System (ESMS) summary tab.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/28361/zambia-national-commercial-bank-plc
XM-DAC-903-SPI-29013
International Finance Corporation
Zambeef Products PLC
Zambeef Products plc (Zambeef or the Company), established in 1994 and with headquarters based in Lusaka, Zambia, is one of the largest agri-business groups in Zambia and the region, involved in the production, processing, distribution and retailing of beef, chicken, pork and dairy products among others. The Project entails supporting Zambeefs investment program in: Zambia (a) expansion and upgrading of retail outlets, wholesale depots and processing plant; and (b) expansion of its piggery operations; and Nigeria (a) establishment of an integrated livestock feedlot and processing facility; and (b) expansion of its retail outlets
(i) Creation of jobs; (ii) Increase food supply; (iii) Improvement in local farmers'' incomes through the purchase of young calves as well as technical assistance; (iv) Development of an efficient integrated meat supply chain; and (v) Improvement in quality standard of meat available to retail.
ZAMBEEF PRODUCTS PLC
Mr Yusuf Koya or Mr Francis Grogan 1 Nkanchibaya Road, Off Addis Ababa Drive Rhodes Park, Lusaka Private Bag 17, Woodlands, Lusaka Zambia Tel: +260 211 252476/252452/252657 Mobiles: +260 977 999 001/+260 977 999 100 Email: yusufk@zambeef.co.zm; fgrogan@huntley.co.zm Website: www.zambeefplc.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Zambeef has various farms and butcheries in Zambia from where it operates its cropping, animal husbandry, processing and retailing. The proposed projects will be based on its owned facilities in Zambia. In Nigeria, the Company has leased a 300ha farm from Ogun State Government, 60km north of Lagos, where the project is going to be implemented.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
BD - Other Animal Production
Total: $10.00 million
10000000.00
10000000.00
ZAMBEEF PRODUCTS PLC
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/29013/zambeef-products-plc
XM-DAC-903-SPI-31091
International Finance Corporation
Zambeef Expn
Zambeef Products plc (Zambeef or the Company), established in 1994 and with headquarters based in Lusaka, Zambia, is one of the largest agri-business groups in Zambia and the region, involved in the production, processing, distribution and retailing of beef, chicken, pork and dairy products among others. The Project entails supporting Zambeefs investment program in: (a) expansion of its poultry, pork, dairy and edible oils production; (b) expand its feed milling plant; (c) expanding its irrigation land at Mpongwe farms; (d) upgrading of existing and roll out of new retail outlets, among others
The project''s expected development impact includes: (i) Development of a sustainable and reliable food supply chain; (ii) Facilitate the growth of a successful regional integrated agribusiness player; (iii) Better capacity utilization of industrial facilities by relieving constraints on the supply of soya and wheat at the Company''s plants; (iv) Intensification of crop production due to additional irrigation; (v) Increased employment opportunities across the group
ZAMBEEF PRODUCTS PLC
Mr Yusuf Koya or Mr Francis Grogan Plot 4970, Manda Road, Industrial Area Private Bag 17, Woodlands, Lusaka Zambia Tel: +260 211 369 000 Mobiles: +260 977 999 001/+260 977 999 100 Email: mailto:yusufk@zambeef.co.zm ; mailto:fgrogan@zambeef.co.zm Website: http://www.zambeefplc.com
International Finance Corporation
+12024733800
ccspg@ifc.org
www.ifc.org
2121 Pennsylvania Avenue, NW Washington DC 20433
Zambia
Zambeef has various farms and properties in Zambia from where it operates its cropping, animal husbandry, processing and retailing. The proposed projects will be based on its owned facilities in Zambia.
Location description
A description that qualifies the activity taking place at the location.
-14.3333300000 28.5000000000
AG - Animal Slaughtering and Processing
Total: $40.00 million
30000000.00
10000000.00
30000000.00
ZAMBEEF PRODUCTS PLC
10000000.00
ZAMBEEF PRODUCTS PLC
Summary of Project Information
See sections Identified Applicable Performance Standards, Stakeholder Engagement, Environmental and Social Action Plan, E&S Categorization Rationale.
Please refer to the Environmental & Social Categorization Rationale tab in the project disclosure document, as well as the Mitigation Measures/Environmental and Social Action Plan tab when applicable. https://disclosures.ifc.org/project-detail/SPI/31091/zambeef-expn