PROJECT

Projects

Summary of Investment Information

Project Number

49614

Company Name

Holmarcom Finance Company

Date SPI Disclosed

Apr 23, 2025

Country

Morocco

Region

Africa

Projected Board Date

Dec 9, 2024

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Apr 25, 2025

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Dec 9, 2024
Signed : Dec 12, 2024
Invested : Apr 15, 2025

Sector

Finance Companies

Project Description

The proposed project consists of an IFC equity investment in Holmarcom Finance Company S.A. (“HFC” or the “Company”) to finance the Company’s growth and expansion strategy in Morocco and Sub-Saharan Africa.                                                

Associated Advisory Engagement

IFC will support HFC in strengthening its sustainability framework, which will further enhance its ESG impact in the environments where it operates.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation