52071
Naval Holding
May 22, 2026
Angola
Africa
Jun 30, 2026
B - Limited
Pending Approval
May 25, 2026
Regional Industry - MAS Africa
Agribusiness and Forestry
Diversified Edible Agricultural Crops Production
The proposed investment is a senior A Loan of up to EUR 40 million to Naval Holding Limited (Naval Groupor, The Group), a diversified industrial conglomerate with headquarters in Dubai International Financial Centre (DIFC) and operational leadership based in Luanda, Angola. The investment supports Naval Group's expansion of its Angolan subsidiary, Foodtec Industria Alimentar, Lda (Foodtec, The Company), a leading food manufacturer in Angola operating a wheat mill and pasta lines (the Project).
Through an advisory engagement, IFC will support Naval Group in enhancing bulk grain handling, storage capacity and vessel loading/unloading facilities and strengthening the grain production (maize, sunflower and soybean) of the Company and its out growers.
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Local Access of Project Documentation
Angola