49912
SONOCO SA
Jan 28, 2026
Guinea
Africa
Mar 10, 2026
B - Limited
Pending Disbursement
Apr 2, 2026
Regional Industry - MAS Africa
Agribusiness and Forestry
Approved : Mar 17, 2026
Signed : Mar 28, 2026
Poultry Farming
The proposed investment is an 8-year IFC A-Loan to Fermav Industries (the “Company”), a subsidiary of Groupe SONOCO, S.A (“SONOCO”, the “Group”) a client based in Conakry, to support a greenfield poultry project in Guinea. The Group is a repeat IFC client since 2019 and is a Fast-Moving Consumer Goods (FMCG) player and leader in the wheat milling industry. SONOCO has other subsidiaries and Fermav is the subsidiary dedicated to the integrated poultry farm. The ESRS and ESAP for the original project can be found in https://disclosures.ifc.org/project-detail/ESRS/40276/sonoco.
IFC’s loan will support an integrated poultry operation consisting in three mains components: (i) the development of poultry facilities in Daboyah (including a breeding facility, several breeding houses and a hatchery with incubators) on the outskirts of Kindia town, (ii) the construction of a slaughterhouse in Massayah, and (iii) the construction of the feed mill in Sanoyah. Construction of all the facilities has commenced with some being nearly completed and others expected by March 2027.
To be discussed with the Group.
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Local Access of Project Documentation
Guinea