PROJECT

Projects

Summary of Investment Information

Project Number

39269

Company Name

SOCIETE INDUSTRIELLE AGRO-ALIMENTAIRE S.A

Date SPI Disclosed

Mar 24, 2017

Country

Senegal

Region

Africa

Projected Board Date

Apr 24, 2017

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jul 5, 2017

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : May 1, 2017
Signed : May 30, 2017
Invested : Jun 30, 2017

Sector

Soft Drink

Additional Project Attributes

Blended Finance

Project Description

IFC is considering to provide financing of up to EUR4.5 million to support the modernization of Societe Industrielle Agro-Alimentaire (the "Company" or “SIAGRO”), a Senegal-based beverage producer (primarily mineral water, juice drinks and UHT milk)(“the Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation