PROJECT

Projects

Summary of Investment Information

Project Number

51991

Company Name

MOVIT PRODUCTS LIMITED

Date SPI Disclosed

May 20, 2026

Country

Uganda

Region

Africa

Projected Board Date

Jun 22, 2026

Environmental Category

B - Limited

Status

Pending Approval

Last Updated Date

May 20, 2026

Department

Regional Industry - MAS Africa

Industry

Manufacturing

Sector

Soap and Cleaning Compound (Soap, Detergent, etc.)

Project Description

IFC is considering a total funding package of up to US$20 million to Movit Products Limited (“Movit” or the “Company” or the “Borrower”), a leading personal care and hygiene manufacturer in Uganda. The Company currently manufactures from its plant in Uganda and sells a wide range of personal care and hygiene products across ten African countries.

The funds will be used to i) establish a greenfield manufacturing plant in Tanzania and provide working capital for the new operations under Movit Products (Tanzania) Limited (a co-borrower); and ii) finance equipment purchases and working capital for the Company’s Uganda operations (the “Project”). The new facility will manufacture personal care and hygiene products for the Tanzanian market and neighbouring countries, complementing the Company’s existing operations in Uganda.

The project is expected to strengthen regional manufacturing capacity, improve access to affordable personal care and hygiene products, reduce reliance on imports, and support job creation and regional value addition in Eastern and Southern Africa.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation