49377
ILLOVO SUGAR (MALAWI) PLC
Nov 6, 2025
Malawi
Africa
Apr 16, 2025
B - Limited
Active
Jan 30, 2026
Regional Industry - MAS Africa
Agribusiness and Forestry
Approved : Apr 16, 2025
Signed : Sep 18, 2025
Invested : Jan 22, 2026
Sugarcane and Beets
Blended Finance
The proposed investment is a local currency-linked senior/unsecured loan facility of up to US$81 million (approximately MWK 140.5 billion equivalent) to Illovo Sugar (Malawi) plc (ISM or the Company). The loan has an 8-year term with a c.1.5-year grace period.
The loan is supported by the International Development Association Private Sector Window (IDA PSW) in the form of local currency hedging and will benefit from a corporate guarantee from the Company's ultimate parent Associated British Foods plc (the Guarantor or ABF) over the life of the loan.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Project documentation is available at Illovo Sugar Malawi’s Head Office: Illovo Sugar Malawi PLC, Churchill Road, Limbe, Malawi.