PROJECT

Projects

Summary of Investment Information

Project Number

34623

Company Name

NYUMBA YA AKIBA SA

Date SPI Disclosed

Mar 21, 2014

Country

Congo, Democratic Republic of

Region

Africa

Projected Board Date

May 30, 2014

Environmental Category

A - Significant

Status

Completed

Last Updated Date

Feb 11, 2023

Department

Regional Industry - MAS Africa

Industry

Manufacturing

Previous Events

Approved : Jun 5, 2014
Signed : Nov 27, 2014
Invested : Aug 28, 2015

Sector

Cement

Project Description

The US$255million Project involves the construction and operation of a greenfield cement manufacturing, limestone quarry, and associated facilities in the Bas Congo province of the Democratic Republic of Congo.

The Key Components of the Project include: (i) cement plant (annual production capacity 1.2 mtpa); (ii) Limestone quarry; (iii) overburden storage facility; (iv) 220 KV power line (6 km long) to an existing substation; (v) employee accommodation camps (for 300 personnel); (vi) waste management facility; (vii) access and haul roads; (viii) railway connection to the national rail network; (ix) auxiliary facilities (water management infrastructure, package sewage treatment plant, etc.)

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation