PROJECT

Projects

Summary of Investment Information

Project Number

41098

Company Name

EGYPTIAN FERTILIZERS CO. S.A.E

Date SPI Disclosed

Mar 20, 2018

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

Apr 23, 2018

Environmental Category

B - Limited

Status

Active

Last Updated Date

May 5, 2024

Department

Regional Industry - MAS Africa

Industry

Manufacturing

Previous Events

Approved : Apr 30, 2018
Signed : May 10, 2018
Invested : Jun 27, 2018

Sector

Nitrogenous Fertilizer

Project Description

Egyptian Fertilizers Company (EFC”, or the “Company”) is the largest private sector granular urea producer in Egypt.

The proposed IFC’s investment is up to US$100mln to refinance EFC’s existing debt and support its maintenance capex and working capital needs (“the Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation