48453
OMNIUM DES INDUSTRIES ET DE LA PROMOTION
Sep 6, 2023
Western Africa Region
Africa
Oct 6, 2023
B - Limited
Active
Oct 25, 2025
Regional Industry - MAS Africa
Manufacturing
Approved : Oct 6, 2023
Signed : Oct 9, 2023
Invested : Aug 12, 2025
Cement
The Project entails a proposed IFC green loan facility of up to EUR45 million to subsidiaries of the Omnium des Industries et de la Promotion Group (OIP, and together with its subsidiaries, the Group), a leading cement producer in Morocco and West Africa, to support the green capex program of the Group in the Sahel. The Project, whose primary objective is to finance climate investments, will be implemented through Ciments de l'Afrique (CIMAF), the Group’s sub-Saharan African subsidiaries, and will include the construction of a limestone calcined clay cement (LC3, a low-carbon cement) plant in Burkina Faso and solar PV projects in Burkina Faso, Chad, and Mali, aiming to promote the decarbonization of the Group’s operations.
IFC’s advisory services has signed an advisory engagement letter with the Group in July 2023 to assist it in developing a decarbonization roadmap and a green financing framework and obtain a second-party opinion (SPO) to facilitate the green loan structure for the Project.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
The ESRS and ESAP documentation is also publicly available locally at the following locations:
For CIMAF Bobo Dioulasso: Bobo Dioulasso, Burkina Faso
For CIMAF Burkina Faso: Ouagadougou, Burkina Faso
For CIMAF Chad : N'Djamena, Chad
For CIMAF Mali: Dio Gare, outside Bamako, Mali