devinitorg/iati-policy-markers huggingface dataset:
Petroceltic Petroceltic International plc is a publicly listed upstream oil and gas company incorporated in Dublin, Ireland. Petroceltic recently merged with Melrose Resources plc, a previous client of IFC, and focuses on oil and gas exploration and development in the EMENA region. Petroceltic holds a balanced portfolio of exploration, development and production assets, primarily located in Egypt, Bulgaria, and Algeria. The proposed investment by IFC will help fund Petroceltics development and exploration program in Egypt, Bulgaria and Algeria. (i)	Meeting Domestic Demand for Gas: Further exploration, appraisal and development of domestic gas resources will provide cleaner and affordable energy for further development of the industrial and power sectors in Egypt and Bulgaria, help to meet domestic gas demand and slow the pace of natural decline in production in Egypt, and reduce dependency on gas imports and its burden on the balance of payments in Bulgaria.  (ii)	Contribution to Government Revenues: The IFC financing will be used largely to fund developments aimed at prolonged production of gas from mature fields in Egypt and Bulgaria, positively impacting the revenues that the respective governments will receive.  (iii)	 Employment: The project will create / preserve local employment with mainly high skilled jobs which will contribute to local skill development by providing opportunities to young workers / students.  (iv)	Private Sector Development: The project will support one of the very few private junior oil and gas companies operating in Algeria and provide a positive signal to other junior companies seeking to invest in the country.
Globaltronics Founded in 1998, Globaltronics for Electronics SAE ('Gtronics' or the 'Company' -  http://www.gtronics.com/ ), a leading fully integrated Egyptian manufacturer of electricity management solutions, specializes in the development and manufacture of power meters including smart digital meters, prepaid meters and provides smart grid solutions in addition to Meter Management Systems (MMS).   IFC is considering a USD10m preferred equity investment in Globaltronics. The proposed investment will be used to (i) finance increased working capital for the greater expected sales and inventory of the Government of Egypt's mechanical meter replacement cycle; (ii) finance Globaltronics' overseas expansion plans, including in the Kingdom of Saudi Arabia (KSA) and Eastern Europe; and (iii) finance additional R&D and enhance the tendering department to be able to effectively compete in several African and Middle Eastern countries and meet their technical requirements, in addition to developing new products (the Project). The Project is expected to have (a) economy-wide effects through (i) increased production of digital electricity meters and linkages to domestically available inputs, and (ii) increased direct, indirect and induced jobs; and (b) stakeholder impacts through improved electricity distribution networks, more efficient energy demand management, and decrease of network losses.

Beyond the Project, IFC also anticipates that as one of the largest and most sophisticated digital meter manufacturing plants in the country, the Project will have a strong effect on the integration of the manufacturing sector in Egypt via the building of economic complexity.
Sphinx Glass SAE The Project consists of an equity investment of up to 20% in Sphinx Glass Ltd, a BVI entity that fully owns Egypt-based float glass manufacturer Sphinx Glass S.A.E. (Sphinx or the Company). Sphinx Glass Ltd is currently 100% owned by Construction Products Holding Company (CPC or the Sponsor). The Sphinx manufacturing facility currently has a capacity to melt 600 tons of product per day (about 200,000 tons per year) and is located on a 220,000 square meter plot of land in an industrial zone of Sadat City, Egypt. Energy Efficiency: Sphinx glass is exploring available enhancements in its production process to ensure energy efficiency, particularly important given the recent increases in utility prices. IFC is actively engaged with the client to promote energy efficiency practices and as part of this effort. Support for infrastructure development: This investment will support the construction sector, key for infrastructure development and a major area of growth for Egypt in the long term.  Employment: The manufacturing operations already employ more than 400 people with additional people to be hired following construction of the second production line. Employment preservation and generation is a strong developmental impact for IFC in Egypt especially in a manufacturing sector such as glass where there is also a significant indirect job creation associated with such investments.
SECI-DT Benban 1 - ARC table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The project is a greenfield 50 MWac photovoltaic (PV) plant being developed by a joint venture between SECI Energia SpA, Enerray SpA, and Desert Technologies Industries Co. Ltd.       (together the Sponsors). The sponsors will own the project company ARC for Renewable Energy SAE (ARC). The Engineering Procurement and Construction (EPC) Contractor will be an joint venture between Enerr        ay SpA and Desert Technologies Industries Co. Ltd. (JV Enerray-DT) who will also undertake the role of the Operations and Maintenance (O&M) Contractor for this project. Enerray SpA has 10 years' experience in EPC and O&M services and has completed power plants of more than 200 MWp in Morocco, Turkey, Jordan, Iran and Central and South America. Desert Technologies as an EPC contractor has experience as a manufacturer and developer of PV projects. It has developed solar projects in Jordan and has 33MW of signed bankable EPC contracts since 2015. - Contribute to ensuring energy security in Egypt: The Project is expected to support the construction of around 50MW of solar projects.
- Development of the Egyptian Renewable Energy Sector: The Project is expected to help play a catalytic role in starting solar power development in the country.
- Employment: The Project will have a positive impact on economic development due to increased power generation in Egypt, and will support direct and indirect jobs creation during the construction and operations.
- Climate Change: The Project will support climate related mitigation impact by providing clean electricity and help avoid greenhouse gas emissions and thus contribute to addressing global climate change concerns.
ISC Disruptech I IFC is considering an equity investment of up to US$5 million in Disruptech Fund I (Disruptech or the Fund) an Egypt-based seed fund that is raising US$25M (Hard-cap at US$ 30M) to invest in Egyptian fintech and fintech-enabled (insurance, e-commerce) startups. The fund will be managed by Mohammed Okasha (Co-founder of Fawry, Egypts first Unicorn), Yehia Abouelwafa, Malek Sultan and Dina Sherif. The Project follows the AIMM (Development Impact) Rating for the Startup Catalyst Envelope. 

IFC anticipates that the Project would result in increased access to seed stage equity for digital startups in Egypt. The Project is also expected to increase the ability for startups, especially fintech and fintech-enabled startups, to succeed and scale digital businesses, through the Funds mentorship and window for follow-on funding. 

Beyond the Project, this investment is expected to support the start-up ecosystem and venture capital market in Egypt by demonstrating the viability of investing in digital startups established in Egypt. IFCs support also enables creation of a constant and quality pipeline of investment opportunities that investors at Series A stage and beyond depend upon.
Orascom Construction Industries Private Placement OCI operates three main business lines: (i) construction, providing civil and electro-mechanical engineering and construction services for major projects in Egypt and the MENA region; (ii) building materials, comprising manufacturing of basic and specialized construction related products (cement, cement bags and packaging, ready mixed concrete, concrete pipes, steel structures, aluminum and glass curtain walling, paints coatings and industrial gases); and (iii) infrastructure, consisting mainly of the development of an industrial park and the adjacent port facility, and a minority shareholding in a natural gas distribution business.    The proposed IFC financing will be in the form of a corporate loan to OCI for financing its investment program in the areas of building materials and infrastructure and to strengthen its balance sheet.     The proposed investment program is expected to: (i) create over 200 new jobs in both Egypt and Algeria; (ii) enhance productivity at a newly privatized entity producing gypsum, transforming it into an efficiency driven entity under private sector ownership; and (iii) upgrade technical skills for the employees of a newly established cement plant in Algeria.    The IFC role will: (i) mobilize scarce long term financing; (ii) facilitate access of the company to a pool of international investors with long term perspective, which wouldn''t have been easy otherwise; and (iii) assure compliance with corporate disclosure standards and with environmental and social requirements.
Egypt Student Loan Facility The proposed project is a student loan program for university students in Egypt, whereby IFC will share risk on the portfolio of loans.  The loan portfolio will be originated and managed by an experienced bank on a commercial basis.  The maximum size of the portfolio will be $39 million equivalent.  Loans will be used by students to pay tuition at private universities for undergraduate and graduate education.  The maturity of the loans will be up to eight years which will enable students to repay the loans from their earnings after graduation. The project is expected to have high development impact as it will provide benefits for students, universities and banks.  The Facility will address the lack of a student financing product in the Egyptian market, potentially giving whole new pools of students access to education.  The universities will benefit from increased enrollments and the enrollment of all academically qualified students.  The Facility will demonstrate to the bank that education financing can be a viable and profitable business and increase the banks access to new customers.
GTFP ADIB  EGYPT The Proposed Project (the Project) is an investment of up to $20 million in Abu Dhabi Islamic Bank Egypt (ADIBE or the Bank) in the form of a trade finance guarantee facility. This project was approved as part of IFCs Global Trade Finance Program or GTFP  Project 23898. The project builds on GTFP's global platform, increasing
access to trade finance to emerging markets. The Project will provide increased
access to trade finance to the Bank's customers. On the market side, the
project will further connect the Bank's cross-border connections, increasing
the country's integration through both financial and real sector channels. It
will help to link more traders to other countries and connect the country's
financial markets more deeply.
Kandil Steel Kandil Steel S.A.E (KS or the Company) is the leading downstream flat steel supplier in Egypt and having export capacity. The proposed investment is an IFC A loan of up to US$25 million to finance the Companys permanent working capital needs, the Project. The Project will enable the Company to maintain capacity utilization rates, hence preventing reduction in output and preserving direct value-addition to the Egyptian economy. In addition, IFCs investment will support the Company to preserve its current employment levels. Beyond project outcomes, IFC anticipates the Project will promote resilience in the domestic steel market through preserving the operations of a critical supplier of flat steel products in Egypt
Egyptian Cement Company REVISED SUMMARY OF PROJECT INFORMATION  (SPI)    Project Name        	Egypt-Egyptian Cement Company    Region               	Central Asia, Middle East and North Africa    Sector              	Cement and Construction Materials    Project No         	007044    Projected Board Date	March 31, 1997    Company Name       	Egyptian Cement Company    Description    Building and operating a 2.7 million tons per annum greenfield cement plant 93 km south-east of Cairo on the Quattamia Soukhna road.    Technical Partner and/or Major Shareholders    The project will be wholly owned by Egyptian Cement Company (ECC), a Egyptian company which has been set up to construct and operate the plant.  ECC''s major shareholders are Orascom for Investment and Development of Egypt (40.5%), Holderbank Management and Consulting of Switzerland (20%), Suez Cement Company of Egypt (8%) and Commercial International Investment Company of Egypt (8%)(an affiliate of Commercial International Bank).    Project Cost Including proposed IFC investment    The total project cost is estimated at about US$340.0 million.  IFC''s proposed investment will consist of an A Loan of.US$25 million; an equity investment of US$10 million; and if necessary, a B Loan of US$25 million.    Location of project and Description of site    The project will be built on a 1 million square meter (100 hectare) site, which has already been acquired from the Governorate of Suez, on the El Quatamia - Ein Soukhna road about 93 km from Cairo. The plant will be located in a desert area, 2.5 km from the main road.     Description of Company and Purpose of Project    ECC is a company which has been established under Egyptian Law 230 for the purpose of undertaking this project. The project will consist of the development of a greenfield cement plant with an annual capacity of 2.7 million tons. IFC will play a major developmental role by providing financing to build the first fully private sector owned cement project in Egypt. IFC''s association with the project has also led to a project design which complies with international environmental standards. This is particularly important    since the existing cement plants in Egypt have high levels of dust emissions.    Environmental Category and Issues    This is an environmental review category B project; principal issues are air emissions, water supply, liquid effluents and spill prevention, solid wastes including the disposal of alkali by-pass dust, transportation safety, land use, quarry development and reclamation, fire prevention and equipment safeguarding and employee protection from noise and dust. The sponsor has presented plans to address these issues and to comply with applicable governmental and World Bank requirements.  The Revised Environmental Review Summary is available from the Public Information Center.    Date SPI sent to PIC    Revised    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
SECI Benban 2 Arinna table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }  The project is a greenfield 20-30 MW photovoltaic (PV) project being developed by a Joint venture between Al Bilal Group for General Contracts Limited, Tech Project Development Group Incorporated, SECI S.p.A., Enerray S.p.A., Desert Technologies Industries Co. Ltd (Desert Technologies), together the sponsors.  The sponsors will own a project company Arinna Solar Power S.A.E (Arinna). The Engineering Procurement and Construction (EPC) Contractor will be a joint venture between Enerray S.p.A and Desert Technologies (JV Enerray-DT) who will also undertake the role of the Operations and Maintenance (O&M) Contractor for this project.  Enerray S.p.A has 10 years experience in EPC and O&M services and has completed solar PV power plants in Italy, Morocco, Turkey, Jordan, Iran and Central and South America.  Desert Technologies as an EPC contractor has experience as a manufacturer and developer of PV projects.  Al Bilal Group is an EPC contractor company based in Iraq with presence in Egypt. It is involved in projects in various sectors including oil and gas, power and renewables.  Tech PD Group is an UAE based company which provides total energy solutions in the renewable energy, oil & gas and fossil power generation markets. - Contribute to ensuring energy security in Egypt: The Project is expected to support the construction of around 50MW of solar projects.
- Development of the Egyptian Renewable Energy Sector: The Project is expected to help play a catalytic role in starting solar power development in the country.
- Employment: The Project will have a positive impact on economic development due to increased power generation in Egypt, and will support direct and indirect jobs creation during the construction and operations.
- Climate Change: The Project will support climate related mitigation impact by providing clean electricity and help avoid greenhouse gas emissions and thus contribute to addressing global climate change concerns.
ADIB - Egypt Sub. Debt The project consists of a subordinated Murabaha financing to Abu Dhabi Islamic Bank Egypt (ADIBE or the Bank). This Tier 2 capital instrument is intended to add diversity to the Banks capital base and long-term growth prospects.  ADIBE is an Egypt based Islamic bank that started its operations after the acquisition of the National Bank for Development (NBD) in 2007 by a consortium between Abu Dhabi Islamic Bank and Emirates International Investment Company. ADIB offers a broad range of banking solutions that cater to the needs of corporate and retail customers through a network of 70 branches and a team of over 2000 employees and experts. In order to integrate further services, the Bank established an Investment Banking arm, ADIB Capital Egypt; a leasing company, ADIFinance; and an asset management arm, ADIB Invest. The project shall support ADIBE in growing its operations in Egypt, including increasing access to financing for underserved MSMEs. IFC anticipates that the Project will foster increased inclusiveness in the Egyptian microfinance sector and enhance broader market participation of MSMEs via the competition, demonstration, and replication channels, by demonstrating the viability of Islamic MSME finance and creating competitive pressures on other players to replicate ADIBE's approach.
CHSC Limited Carbon Holdings Ltd (CH) is a petrochemicals developer and operator within the midstream and downstream segments in Egypt. CHs total financing needs of up to US$82.5 million (the Investment Plan) will be used to finance asset growth and acquisition of additional shares in (a) its existing operations; Oriental Polypropylene Company (OPC) with an annual capacity of 180,000 tons per annum (tpa) and Egyptian Hydrocarbon Corporation (EHC), which aims to produce 350,000 tpa mining grade ammonium nitrate (MGAN); and (b) in the development of projects in the petrochemicals industry in Egypt. 1)Employment: CH''s operating assets employ a large workforce during construction and operations; 2)Support other industries: the output from the operating assets of CH will create and help grow other firms in complementing industries in Egypt which are in turn expected to create jobs and pay taxes;  3)Taxes: CH''s projects in Egypt are taxable entities and are expected to generate tax revenues for the government.
EFG  Hermes - Credit Line EFG is a leading investment bank in Egypt with an excellent track record. Securities brokerage and investment banking are the two areas where EFG has been most active. For the past three years EFG has maintained its position as the leading broker on the Cairo and Alexandria Stock Exchange (CASE). The company''s investment banking group is involved in corporate finance and mergers and acquisitions (M&A) activities. It has also established itself as a leader in equity and debt offerings in Egypt. EFG''s other activities include asset management and private equity.    By supporting the regional expansion of a leading investment bank, IFC would contribute to the development and integration of regional capital markets.     Most national capital markets in MENA countries are currently fragmented. They need consolidation and pooling of liquidity in order to attract more interest from domestic, regional and international investors.   In addition, the pro  posed investment would enable a local investment bank to access medium-term funding for the first time and assist EFG in becoming a regional player with positive demonstration effect in the regional markets.
Beltone Midcap Fund Beltone Egypt Sub-Fund (Beltone Egypt or the Fund) is a closed-end private equity fund which will make equity and equity-related investments in companies, including small and medium-sized enterprises (SMEs), in Egypt.  The Fund will primarily target companies with a significant export-based growth potential in sectors such as textile, agribusiness, and packaging.  The Fund is a sub-fund of Beltone MidCap Fund, which also proposes a Beltone GCC Sub-Fund for the Gulf Cooperation Council (GCC) countries under the same umbrella. Project Development Impact:  - Private sector development:  The Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.  -  Adoption of best practices for corporate governance and environmental standards: The Fund will adopt international best practices for environmental and social risk assessment and management, as well as transparency and corporate governance, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.  -  Support for SMEs: The Fund is expected to allocate a substantial part of its capital for SMEs.    -  Employment: It will have a positive role on employment at a time when the global economic crisis may hurt development and employment in Egypt.
EFC Egypt II 0  0  0  0  0  0  0  0  0.0000       Egyptian Fertilizers Company (    EFC  , or the Company)   is the largest private sector granular urea producer in Egypt.     The   proposed   IFCs investment is   up to US$100mln   to refinance   EFCs   existing debt and   support its   maintenance capex and working capital needs   (the Project). IFC's investment will help to:
(i) support growth in the agriculture sector through granular urea production;
(ii) sustain employment and economic returns, EFC provides significant employment in the area; and 
(iii) support foreign currency generation through exports.
FLAT6LABS ACCELERATOR FOR IT AND PROJECT MANAGEMENT SAE Flat6Labs Accelerator Company S.A.E (Flat6Labs Cairo) is a Cairo-based accelerator that is raising EGP 50 million to support 100 early stage companies in Egypt, primarily in the ICT sector. (i) Address funding gap for seed stage investments: Flat6Labs Cairo will support approximately 100 early stage companies, helping to fill the void of early stage capital. More broadly, IFC would like to help build and support local, sustainable ecosystems for entrepreneurship and venture capital. (ii) Support local entrepreneurship: Through its bootcamp, acceleration cycles, and various internal and external events, Flat6Labs Cairo will help support entrepreneurship. Over the investment period, Flat6Labs Cairo hopes to mentor 300 founders/entrepreneurs. (iii) Job Creation: From the approximately 100 companies supported through the accelerator, Flat6Labs Cairo expects those that are able to successfully raise follow-on funding to directly and indirectly create 1,500 new jobs.