devinitorg/iati-policy-markers huggingface dataset:
Cosmivoire S.A. revised Summary Of Project Information (SPI)       Project Name    Côte dIvoire-Sifca/Cosmivoire              Region    Sub-Saharan Africa        Sector       Project No007638   Projected Board DateJune 27, 1996   Company NameCosmivoire S.A.   Technical Partner and/or Major Shareholders    	La Société Nouvelle Sifca (Sifca)    Project Cost Including proposed IFC investment    	The estimated project cost: US$16.0 million.  IFC Investment (Quasi-Equity): US$2.5 million, and a local currency guarantee up to US$4.5 million equivalent which is contingent on prepayment of IFCs exisitng loan of US5.0 million.    Location of project and Description of site    	The Companys main plant is located in an industrial zone in Abidjan, the economic capital of Côte dIvoire    	    Description of Company and Purpose of Project    	The Cosmivoire Group was severely affected by the 1994 CFA Franc devaluation.  The sponsor, Sifca, took over the Group in 1995 and has been implementing various measures to improve the Groups efficiency, including the rehabilitation of the Groups existing facilities.  The project is to help Sifca complete the rehabilitation and allow the Group to maximize its production efficiency.  The project has a number of positive development impacts.  It will help an established company put existing assets to more productive and profitable use and stay in business in this important local transformation industry.  Secondly, the project helps a company that adds value to local resources with a possibility for exports.  Finally, consumers will benefit in the form of more choice and lower prices through continued competition in the sector.      Environmental Category and Issues    	This is a category C project according to IFCs environmental review procedure.  IFC financed two independent environmental audits of the Cosmivoire Group, one in 1993 and a second in 1994.  In addition, an independent technical site visit and review was completed in 1995.  Sifca, the new sponsor of the Cosmivoire Group, has committed to implement, immediately after takeover of the Group, the recommendations of these audits and site visits (audit reports have been provided under separate cover) and to upgrade waste water treatment systems.  Based on these commitments, it is anticipated that the project will comply with the applicable World Bank guidelines and local requirements.  In addition to the standard environmental clause in the Investment Agreement, language requiring the sponsor to implement, immediately after takeover of the Cosmivoire Group, audit recommendations will also be included.       Date SPI sent to PIC:   Revised:    May 2, 1996   June 6, 1996     For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
GTFP CORIS COTE D IVOIRE The proposed project is an unfunded trade finance facility under IFCs Global Trade Finance Program (GTFP or the GTFP Facility) of up to US$15 million, booked under the Africa Trade and Supply Chain Recovery Initiative (ATRI), benefiting from a 25 percent pooled first loss guarantee. The purpose of the proposed IFC trade line is to reduce Coris Bank International Côte dIvoires (the Bank or CBI CIV) reliance on CBI Burkina Faso affiliate and to support the strategic plan of the Banks management to grow its international trade business, knowing the business sector is mostly cash-driven and suffers from the de-risking of Correspondent or Confirming Banks. The project builds on GTFPs global platform, increasing access to trade finance to emerging markets. The Project will provide increased access to trade finance to the Issuing Banks customers, including both corporates and SMEs.  On the market side, the project will further connect the Issuing Banks cross border connections, increasing the countrys integration through both financial and real sector channels.  It will help to link more traders to other countries and connect the countrys financial markets more deeply.
Rialto Energy The CI-202 block offshore Cote dIvoire is a key asset of Rialto Energy Ltd (Rialto or the Company) in which it has an 85% working interest and is also the operator. On CI-202, two main hubs (Gazelle and Hippo) have been identified based on previous drilling and 3D seismic. The blocks contingent resources on a 2C basis are estimated at 35.9 million barrels of oil (mmbo) and 355 billion cubic feet (bcf). The Project (Rialto Energy) consists of drilling 2 wells on the Gazelle area and one exploration well on a prospect in the Hippo cluster. A rig contract has been executed and long-lead items for this program are being acquired. The success of this appraisal and exploration drilling will allow the Company to make the final investment decision and proceed with the field development plan agreed with the Government of Cote dIvoire. Once developed, hydrocarbon production from the field, particularly gas from Gazelle, will help address significant shortage of gas supply currently existing and projected in order to serve the countrys power needs. The project offers strong development impacts.  Develop Cote d''Ivoire''s energy sector: By financing CI-202 appraisal, the project will help increase gas availability, which is crucial for the country''s power sector. The country currently suffers from power outages.  Increase government''s revenues: Oil and gas production will increase the country''s exports and the government''s fiscal revenues.  Provide local employment: the project will generate local employment directly through direct hiring and its local contractors, and indirectly by improving the power sector''s economics.
Agro CI S.A IFC is considering to provide financing of up to  8 million to support the establishment and operation of Agro CI SA, (the "Company" or Agro CI), a greenfield beverage producer in Cote dIvoire ("the Project"). i.	Creation of jobs through the value chain. ii.	Food safety. iii. Increasing availability and access to more affordable quality beverage products. iv. Integrate vertically by developing local supply chains.
Societe Hoteliere De La Lagune(SHL) Summary Of Project Information (SPI)       Project Name    Cote dIvoire-Société Hôtelière de la Lagune (SHL)              Region    Sub-Saharan Africa        Sector       Project No008208   Projected Board DateJune 17, 1997   Company NameSociété Hôtelière de la Lagune   Technical Partner and/or Major Shareholders    	The majority shareholder will be Accor Afrique SA, a fully-owned subsidiary of Accor SA, the world leader in budget class hotels.     	Other shareholders will be IFC, Proparco, Government of Cote dIvoire, and a consortium of local banks and insurance companies.    Project Cost Including proposed IFC investment    	US$9 million equivalent.  IFCs proposed investment will consist of equity and loan amounting up to US$3.2 million equivalent.    Location of project and Description of site    	The project will be located in downtown Abidjan in Cote dIvoire. It will consist in the privatization and renovation of a 10-story, 280-room hotel.  The renovation will consist in the upgrading and reconfiguration into a smaller 150-room hotel and 31 serviced apartments varying in size from one bedroom to 3 bedrooms.     Description of Company and Purpose of Project    	The Company will operate the premises under a 15 year lease from the Government.  The hotel will be commercialized by Accor Afrique SA under the Novotel brand name. The project is consistent with the Bank strategy for Cote dIvoire. It is among the first tangible efforts towards the privatization of government-owned hotels.  The upgrading of facilities is likely to foster longer stays for travelers contributing therefore to the development of tourism and business activity. It will also preserve 94 jobs already in existence.  As a foreign exchange earner, the project will contribute to the balance of payments improvement.    Environmental Category and Issues    	This a category B project according to IFCs environmental review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. The following potential health and safety impacts of the project were analyzed: (a) water resources and power supply, (b) sewerage treatment and disposal, (c) waste/garbage management and disposal, (d) employee training, (e) emergency response preparedness and fire protection, and (f) regular safety inspection.  The sponsor has presented relevant information which address all the these issues, mainly for the fire prevention and life safety. IFC will ensure ongoing compliance with World Bank environmental, health and safety monitoring reports submitted annually to IFC by SHL and by conducting periodic supervision.    The  is  May 15, 1997 from the Public Information Center.       Date SPI sent to PIC     May 15, 1997      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384  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).
AEF Petro Ivoire S.A. Summary Of Project Information (SPI)       Project Name    Côte dIvoire-PETRO IVOIRE S.A.              Region    Sub-Saharan Africa        Sector       Project No007438   Projected Board DateMay 28, 1996   Company NamePetro Ivoire S.A.(PI)   Technical Partner and/or Major Shareholders    	The core sponsors are Messrs Mathieu Kadio-Morokro, Marceau Kakou, Famien L. Morrisson and Silué Nembelessini, all Côte dIvoire nationals, who own together 42.5% of share capital.  A group of small Ivorian passive investors owns 19.3%, while Amra Ltd, a foreign shareholder, has 4.2% and Petroci (a parastatal) 34%.     Project Cost Including proposed IFC investment    	Total project cost is estimated at CFA 1.3 billion (US$2.7 million equivalent) and IFC has been asked to provide a venture loan of US$1,140,000 equivalent representing 42% of the project cost.    Location of project and Description of site    	The proposed 10-petrol station network project will have its headquarters in Abidjan.  Six of the stations will be located in the greater Abidjan area, on the main boulevards, toward newly developing residential areas.  Bouaké, Daloa and the port of San Pedro, the three other cities where PI stations will also be established, are among the countrys fastest growing cities in terms of business potential and population.    Description of Company and Purpose of Project (include IFC role/development impact)    	PI intends to distribute all major white petroleum products in the Ivorian market and compete with long established industry leaders like Shell, Elf, Texaco, Mobil and Total.  PIs objective is to capture 4 to 5% of the market or 45 to 50,000 cubic meters by 1997. The project will be the first indegeneous enterprise to venture into the strategic sector of petroleum distribution in Côte dIvoire.  It will create a small independent 10-petrol station network.   	IFCs support of PI will give credibility to a fledging venture sponsored by small investors. It is expected to have a strong catalytic effect. In particular it should encourage commercial banks to provide support in financing the companys working capital needs. The presence of IFC among PIs creditors will reinforce the latters image in the marketplace.    Environmental Category and Issues    	This is an environmental review Category B project.  Environmental issues associated with this project include solid and liquid waste disposal, secondary containment of fuel and oil storage tanks, and disposal/recycling of oils and motor fluids.  Occupational health and safety issues include emergency response preparedness, employee training, fire safety, nad regular safety inspections.  The sponsors have submitted an environmental management plan addressing the issues listed above.    The  is  April 15, 1996 from the Public Information Center.       Date SPI sent to PIC     April 3, 1996      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).
Sucden II Project The proposed investment is an up to 200 million syndicated term loan on a Unsecured Covenant Light basis (1-year maturity, renewable/re-committed annually, for up to 4 years in aggregate) by IFC to SUCDEN Cote dIvoire (SUCDEN-CI or the Company) and its parent company SUCDEN S.A (the co-Borrower and, jointly with SUCDEN-CI and other subsidiaries, SUCDEN or the Group) to finance the procurement and export of cocoa beans from Cote dIvoire (CI). The most significant Project level outcomes are stakeholders - improved livelihood for smallholder farmers. IFC's investment in the project is expected to support the livelihoods of a significant number of smallholder farmers in Cote d'Ivoire who supply cocoa beans to SUCDEN. Cocoa farming is a critical sector for the country's economy, but many cocoa farmers in Cote d'Ivoire are among the poorest in the country. SUCDEN's pre-harvest finance provides farmer suppliers with access to funds for fertilizers, pruning, and farm upkeep, and IFC is discussing an Advisory Services program to support SUCDEN's efforts towards compliance with the European Union Deforestation Regulation. Beyond the Project, IFC expects SUCDEN's sustainability programs to cocoa farmers to positively impact cocoa quality, the efficiency and effectiveness of cocoa production, and the supply of sustainable and traceable cocoa. These outcomes can contribute to promoting the competitiveness and sustainability of the cocoa sector in Cote d'Ivoire.
Azito Phase 3 The Project consists of the expansion of the existing 2x 144MW natural gas-fired open cycle Azito power plant in Côte dIvoire by adding 139MW steam cycle capacity, converting it into a combined cycle operation (the Project).  The Project, expected to enhance the efficiency of the existing plant by generating 50 percent more power without the use of any additional gas, will be developed, designed, constructed and operated under a 20-year Build-Own-Operate-Transfer (BOOT) arrangement.  The Project will sell its power to Government of Côte dIvoire (GOCI) through Compagnie Ivoirienne dElectricité (CIE), the private transmission and distribution company. IFC''s involvement in this Project is expected to:  * Support the provision of least cost, reliable and clean base load power to help reduce the country''s power shortage, and support its economic recovery;  * Displace expensive emergency thermal power being rented today, thus reducing costs to Ivoirian consumers; * Stimulate the entrance of new IPPs and the use of combined cycle technology, making efficient use of the country''s natural gas resources (as the Project does not use additional gas);  * Provide a strong signalling effect to the broader investment community to support CÃ´te d''Ivoire''s economic growth.
SIB Cargill RSF The proposed project is a Risk Sharing Facility with Société Ivoirienne de Banque (SIB or the Bank), a subsidiary of the Attijariwafa Bank Group (AWB or the Group) of up to XOF 3.5 billion to provide leased trucks to Cargills supplier cocoa cooperatives in Côte dIvoire.  SIB is the fourth largest bank in the country in terms of loans and fifth largest bank in terms of deposits, with a network of 50 branches. The Bank has a universal bank business model servicing the retail, SME and corporate segments. The project is expected to have the following development impact: (i) Increase access to finance for coops; (ii) Strengthen the cocoa value chain; (iii) Replicability and demonstration effect within Cote d''Ivoire.
ANKA Project Founded in 2016, and headquartered in Abidjan, Côte d'Ivoire, ANKA (or the Company) is a social e-commerce enabler that offers a platform for merchants of Africa-related creative industry products to sell, ship and get paid globally. The majority of merchants using ANKAs platform are small businesses based in Africa, while buyers are spread across the Americas, Europe, Africa and Asia notably.  IFC is considering an investment of up to EUR3 million in ANKA, and the project is expected to be supported by the IDA20 Private Sector Window Blended Finance Facility. The funding will primarily be used to expand the Companys operations in Cote dIvoire. IFC anticipates that the Project would result in improved access to markets for creative entrepreneurs, potentially resulting in improved livelihoods, by scaling a social e-commerce platform that connects creative entrepreneurs in West Africa with buyers from international markets through quality logistics services, secured means of payments and improved digital literacy. Beyond the Project, this investment has the potential to strengthen the integration of creative industries in Francophone Africa into global value chains, via enabling framework channels, as successful expansion would enable creative products from the target countries to become more visible in international markets, thereby resulting in increased creative exports.
SLGP RSF BBGCI A risk sharing facility (RSF) covering a maximum portfolio of credit facilities of up to XOF60 billion (approximately US$99.7 million equivalent), where IFCs maximum exposure is up to 50% of the maximum portfolio, to be committed in two equal tranches. The purpose of the proposed RSF is to support the Banks portfolio with respect to finance for very small, small and medium enterprises (VSEs and SMEs), including women-owned VSEs and SMEs in Côte dIvoire and Senegal and is proposed to be processed under IFCs Small Loan Guarantee Program (SLGP), which is supported by the IDA18 IFC-MIGA Private Sector Windows Blended Finance Facility (the SLGP RSF Project). The most significant expected project-level outcome is the increase in access to finance for VSEs and SMEs in Côte dIvoire and Senegal. Beyond the Project, IFC anticipates that the Project will promote competitiveness amongst domestic banks as more of them improve and scale up their SME product offerings.
RSF Orange Bank Africa CI The project consists of an unfunded Risk Sharing Facility (RSF) renewable annually with availability period of up to 3 1-year period subject to certain conditions and internal approval for an up to US$15 million IFC investment in local currency equivalent, providing a 50% coverage of a portfolio  of up to US$ 30m equivalent, consisting mostly of short term working capital loans to micro enterprises with tenors ranging from 30 days to up to 180 days to be originated by Orange Bank Africa (OBA or  the Bank), leveraging on its existing Tik Tak digital credit and savings application. In addition, subject to further approvals, the project is expected to be supported by the IDA20 Private Sector Windows Blended Finance Facility (IDA PSW-BFF) to de-risk the investment.  The RSF will support the scaling of OBAs lending to Micro, Small and Medium Enterprises (MSMEs) including but not limited to agents and merchants in Côte d'Ivoire (CDI) and Senegal, 2 countries of the West African Economic and Monetary Union (WAEMU) region. The most significant expected project-level outcome is the increase in access to finance for MSMEs in CDI and Senegal. Beyond the Project, IFC anticipates that the Project will promote greater competitiveness in the MSME finance market by demonstrating the commercial viability of lending to MSMEs at better terms and conditions.
Duval Saint Paul The proposed IFC investment seeks to support Duval Group (Duval or the Group) to build and operate a mixed-use property building complex that will consist of a serviced apartment hotel, office space, as well as shopping, food & beverage and restaurants area, to be located in Plateau, the business district of Abidjan, Cote dIvoire (the Project). The Project is expected to contribute to improve businesses' access to quality and modern urban infrastructure through new commercial property developments and will contribute to job creation and contribution to GDP as well as indirect effects across the distribution chains. The Project is also expected to improve energy and water use efficiency by deploying energy friendly materials, technology, and equipment, thereby reducing the Project's GHG emissions.
FCS RE Azito 4 The Project consists in adding approximately 250 MW of combined-cycle gas generation units on the site of the existing 420 MW Azito power plant (the Project). The Project, expected to provide the Country with additional clean and low-cost power, will be developed, designed, constructed and operated under an amendment to the existing 20-year Build-Own-Operate-Transfer (BOOT) concession agreement. The Project will sell its power to the Government of Côte dIvoire through CI-Energies The Project is expected to: (i) provide competitive, reliable and clean base load power to help meet growing domestic demand while supporting the Country's position as a regional exporter; (ii) displace more expensive and polluting plants (old units and/or plants running on oil); (iii) contribute to lowering the average cost of generation and subsequently sector finances; and (iv) limit incremental emissions thanks to a state-of-the-art modern design.
GTST SIR Project The proposed project consists of a US$300 million two year trade facility (Facility)  to provide the necessary financing to  Société Ivoirienne de Raffinage  (SIR) - a refinery in Cote dIvoire-  for its importation of crude oil. Cote dIvoire is  an IDA country which is also conflict affected.    The refined products are to serve the domestic market in  Cote dIvoire and regional markets of Burkina Faso and Mali, and other international markets. The proposed investment will have significant development impacts as follows: 1.	Increased Access to Trade Finance Lines: The Facility  will finance up to US$2 billion of energy imports to Cote d''Ivoire over two years by providing much needed reasonably priced trade lines for its cross border flows.  It will support a fragile economy''s growth and generate financial savings for a strategic enterprise which could serve to retool and improve its productive and operational capacity. Improved supply of refined products would also have a positive impact on the country''s macroeconomic stability and GDP growth.  2.	Support to SIR ,  and Downstream Operators: By providing adequate and much needed financing, the Facility will help the Company''s stabilization plan. As a result, many jobs will be preserved. In addition, it would benefit other agents who are on its supply chain, such as  local private companies involved in transportation, distribution, and retail of refined oil products. This will support employment in these companies, an important factor given the high level of unemployment rate in the country.    3.     Revenue to the Government:  The Project will help the government of Cote d''Ivoire''s finances, especially through taxation and indirectly through reduction in production costs due to  savings resulting from lower financial expenses.  .