The main shareholders of the Company are Quantum Investment BV holding, fully owned by the Berzi family, 42.67 percent of the Company’s share capital, the Bank of New York Mellon (acting as depositary bank for shares traded in the London Stock Exchange), managing 11.7 percent of the Company’s share capital, Kingsway Fund Frontier Consumer Franchises holding 9.11 percent of Company’s share capital, RIMCO EGT Investment LLC holding 5.35 percent of Company’s share capital, in addition to several shareholders holding 31.17 percent of the Company’s share capital.                                       

The proposed IFC investment is an A loan of up to US$30 million and mobilization of up to US$15 million.  

The project is located in the existing operations of Edita in Egypt and Morocco and potentially in other locations in Africa and the Middle East regions that are yet to be determined. 

EDITA’s governance is adequate.    

This is a Category B project based on IFC's 2012 Policy on Environment and Social Sustainability. The E&S risks and impacts associated with this project are limited, site specific, and can be readily addressed through existing mitigation measures and good international industry practices (GIIPs). Key E&S risks and issues include (i) Edita’s management  system to assess and manage E&S risks and impacts from its direct processing and sourcing operations, including funding for EHS related infrastructure (e.g. wastewater treatment plant); (ii) management of labor and working conditions, occupational health and safety, and prevention of gender-based violence across its operations; (iii) management and monitoring of air emissions, wastewater, solid waste, and hazardous materials management; (iv) emergency preparedness and response, including Life and Fire Safety; (v) impacts on community health and safety due to transport of raw material and finished products, and transportation provided to workers, and (vi) stakeholder engagement plan and community grievance mechanism