PROJECT

Projects

Summary of Proposed Investment

Project Number

27660

Company Name

TANTALIZERS PLC

Date SPI Disclosed

Jun 9, 2009

Country

Nigeria

Industry

Agribusiness and Forestry

Projected Board Date

Jul 10, 2009

Status

Completed

Sector

Other Food

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Sep 15, 2009
Signed : Feb 9, 2010
Invested : Nov 12, 2010

Project Description

Tantalizers (“Tantalizers” or “the Company”), the second largest fast food (“Quick Service Restaurant” or “QSRs”) operator in Nigeria, with 49 retail outlets is seeking to:

(i) expand by an additional 6 outlets,
(ii) renovation of 15 existing outlets,
(iii) improve its E&S standards,
(iv) purchase kitchen and other operating equipment, and
(v) supplement its working capital with the provision of incremental working capital

Sponsor / Cost / Location

Development Impact