PROJECT

Projects

Summary of Investment Information

Project Number

33385

Company Name

BIDCO AFRICA LIMITED

Date SPI Disclosed

May 3, 2014

Country

Kenya

Region

Africa

Projected Board Date

Jun 5, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

May 1, 2024

Department

Regional Industry - MAS Africa

Industry

Agribusiness and Forestry

Previous Events

Approved : Jun 13, 2014
Signed : Jun 26, 2014
Invested : Jun 30, 2016

Sector

Other Food

Project Description

Bidco Oil Refineries Limited (“BORL”, “Bidco” or the “Company”) is one of East Africa’s leading fast moving consumer goods (“FMCG”) company which generates revenues from the sale of edible oils, cooking fats, soaps, detergents, animal feeds and baking powder. Bidco is constructing new facilities to expand its production capacity in FMCG products.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation