devinitorg/iati-policy-markers huggingface dataset:
Société Generale de Banques au Burkina Summary Of Project Information (SPI)       Project Name    Burkina Faso: Société Générale de Banques au Burkina Faso             Region    Sub-Saharan Africa        Sector       Project No008255   Projected Board DateDecember 15, 1997   Company NameSociété Générale de Banques au Burkina Faso (SGBB)   Technical Partner and/or Major Shareholders    	IFC would participate in the privatization of a Burkinabè commercial bank, currently named Banque pour le Financement du Commerce et des Investissements (BFCI). As a result of the privatization, the shareholding of the Government of Burkina Faso (GOB) in BFCI would decrease from 66% to 15%.  Société Générale (SG), the largest French private bank, would lead a consortium of foreign investors which would purchase a 41% block out of the 66% shareholding currently held by GOB in BFCI.  SG would manage the privatized bank, which would be renamed Société Générale de Banques au Burkina Faso (SGBB).    Project Cost Including proposed IFC investment    	IFC would purchase from GOB a 10% position in the capital of the Bank for a consideration of up to US$500,000.  The Banks total assets and equity amount respectively to US$45 million and US$5 million.    Location of project and Description of site    	The Bank is located in Ouagadougou, the capital of Burkina Faso.    Description of Company and Purpose of Project    	With a 8% market share and 110 total staff, BFCI is a small bank providing basic commercial banking services to lower income individuals and small traders.  The privatization and reorganization of BFCI into an efficient bank providing a full range of commercial services will foster competition and improve the quality of banking services in Burkina Faso. The prospect of IFCs possible investment is an important comfort to GOB in handing over control of the Bank to foreign shareholders and, conversely, to SG in negotiating a fair entry price.  In addition, with its proposed 10% share, IFC will play a neutral broker role between local and foreign shareholders holding respectively shares of 49% and 41%.    Environmental Category and Issues    	This is a category C project according to IFCs environmental review procedures.  Therefore no further environmental review is required.    	       Date SPI sent to PIC     October 22, 1997      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
GTFP VISTA Bank Burkina Faso The proposed project is an uncommitted trade finance guarantee facility under IFCs Global Trade Finance Program (GTFP or the GTFP Facility) of up to US$12 million. The purpose of the proposed IFC trade line is to support Vista Bank Burkina Fasos (the bank or Vista BF) trade program. GTFPs investment in the form of a trade line will confirm banks partial or full guarantees (and other trade instruments) covering payment risk on banks in emerging markets in Burkina Faso for their trade related transactions. 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.
Kiaka Gold Project Volta Resources (Volta or Company) is an advanced mineral exploration company with exploration properties in Burkina Faso, Ghana and Mali. Its key focus is its recently-acquired advanced exploration Kiaka gold project, located in southern central Burkina Faso. Kiaka is located on the highly prospective Birimian greenstone belt, which hosts numerous large gold deposits.  It has a historic gold resource calculated by Randgold (the previous owner of the Kiaka gold project) of 2.65 million oz at a grade of 1.01 g/tonne, which was disclosed in Randgolds 2008 annual report (Note that the resource estimate is not NI 43-101 compliant and, as such, caution should be applied when using it).
Volta is seeking an equity investment from IFC, which will help the Company develop a bankable feasibility study, as it transitions from an exploration company into a developer. IFCs engagement will help Volta develop in line with industry best practices in environmental and social sustainability. The proposed investment will be made before the completion of a full project feasibility study that would confirm the commercial viability of Kiaka. The IFC investment will thus fund exploration and further studies and will not fund the development of a mine or result in any immediate incremental production. Development impacts from exploration activities are typically limited and at this stage mainly limited to local employment.

Should Kiaka be developed into a commercial mining operation, significant development impacts will be realized, including: (i) diversification of Burkina Faso economy away from agriculture; (ii) Government revenue generation and increased foreign exchange earnings; (iii) catalytic effect of the mining projects on other economic activities such as construction, transportation and logistics; (iv) employment opportunities;  (v) local business supply chain linkages, given close proximity to Ouagadougou; and (vi) community benefits through development programs (health, education, etc.) established by Volta.

However, during this advanced exploration stage, the key impacts to monitor will include: (i) completion of drill program establishing an international standard resource; (ii) completion of feasibility study confirming a mineable resource; (iii) the mobilization of development financing and start of development activities; (iv) completion of Environmental and Social Impact Assessment and Stakeholder Engagement Plan.
Hotel Independance The project consists of renovating and expanding Hotel Independance (HI) into a three-star international business hotel with 180 rooms, located in Ouagadougou, Burkina Faso (BF).  In an effort to revamp the hotel, the Government of Burkina Faso (GoB) has leased the property for fifteen years through an open bidding process to Société Malienne de Promotion Hôtelière (SMPH), an existing IFC client.  SMPH created Société Burkinabè de Promotion Hôtelière" (SBPH) for the purpose of acquiring and operating HI.  

SMPH sees strong potential in HI because of its size and strategic location, close to the heart of Ouagadougous business and administrative district. By modernizing, HI would help raise the standard of the hospitality industry in BF.  SMPH seeks IFCs involvement in the project to obtain long-term financing and support for its first investment and expansion outside of Mali.
Documentation of Afro-Bolivian Traditional Music and Dances Traditional music and dance are an important part of Afro-Bolivian culture, but the roots of those traditions are at risk due to migration and the introduction of modern rhythms. This project involves the documentation of traditional music and dances in 15 rural communities in the Yungas.
Mitigating Political Instability in Bolivia To empower new political voices to engage constructively in the Bolivian political process.
Combating Wildlife Trafficking Build capacity of developing countries to conserve critical biodiversity in Latin America and the Caribbean that is threatened by wildlife trafficking.
Conservation of the 14th-16th-Century Samaipata Fort Archaeological Site and Associated Collections Samaipata's massive carved rock formation "El Fuerte " retains evidence of pre-Inka, Inka, and Spanish colonial use of the site. This project, which includes site conservation and upgrades to the site museum, directly supports the Embassy's efforts to promote sustainable growth and the Memorandum of Understanding between the United States and Bolivia concerning the imposition of import restrictions on archaeological material from the pre-Columbian cultures of Bolivia.
Conservation of 19th- and Early 20th-Century Mausoleums in La Paz General Cemetery Established in 1826, the La Paz General Cemetery contains more than 140,000 tombs and mausoleums. This project involves the conservation of two mausoleums and community engagement activities.
Independent Validation of Coca Crop Eradication in Enables UNODC to accompany provide technical support to and monitor the Bolivian government's eradication of coca crops
Engaging Indigenous Women to Prevent and Counter Trafficking in Persons The goal of this project is to: prepare communities, authorities, and service providers to better prevent, investigate, and respond to trafficking in persons (TIP) - primarily in target municipalities - through TIP education and training of at-risk individuals and local officials; increasing cooperation between communities, indigenous authorities, and local officials to prevent, identify, and respond to TIP cases in selected municipalities; increasing resources and assistance to victims of TIP in selected municipalities; and national dissemination of project successes and lessons learned.
Restoration of Five 17th and 18th-Century Colonial Chapels in Curahuara de Carangas To support the expansion of work begun under a previous Ambassadors Fund grant to restore Spanish colonial chapels in Curahuara de Carangas. Preserved entirely by local communities, these rural chapels are in serious danger of collapse as straw roofs, plaster, and lime-based paint deteriorate. This project involves the restoration of five chapels to their original condition using traditional materials and local labor.
Bureau of Conflict and Stabilization Operations - Mitigating Political Instability in Bolivia U.S. Department of State: Bureau of Conflict and Stabilization Operations. To empower new political voices to engage constructively in the Bolivian political process.
22 WHP UNODC Mitigating GBV in Bolivia Mitigating Information Redacted in Bolivia project Assistance awards made through Bilateral Agreements, Letters of Agreement, including those established under C-175 authority, and Fulbright Commission agreements. The obligation of funds does not constitute a bulk obligation where funds will later be sub-obligated through other instruments.
FY22 WHP UNODC Bolivia Coca Eradication Vali IO-LOA with UNODC for the Coca Eradication Validation Project in Bolivia Assistance awards made through Bilateral Agreements, Letters of Agreement, including those established under C-175 authority, and Fulbright Commission agreements. The obligation of funds does not constitute a bulk obligation where funds will later be sub-obligated through other instruments.
Combating Wildlife Trafficking Build capacity of developing countries to conserve critical biodiversity in Latin America & the Caribbean that is threatened by wildlife trafficking.
Conservation of Ancient Stone Sculptures at the Pre-Columbian Site of Tiwanaku The former capital of a pre-Hispanic empire that covered most of the southern Andes, the ancient city of Tiwanaku remains spiritually important to Bolivias Aymara community while also attracting national and international tourists. This project involves the conservation of stone sculptures, development of new conservation practices to mitigate stone loss, training for local maintenance workers, and the digitization of the site.
Technical Assistance to the Financial Intellegence To Improve prosecution of money laundering and financial crimes Assistance awards made through Bilateral Agreements, Letters of Agreement, including those established under C-175 authority, and Fulbright Commission agreements. The obligation of funds does not constitute a bulk obligation where funds will later be sub-obligated through other instruments.
Assist Integration of Vulnerable Migrant Population Assist Integration of Vulnerable Migrant Population
Conservation of the 19th-Century Bell Tower of Oruro Cathedral The tower is an important architectural landmark and cultural touchstone of Oruro, Bolivia's fifth largest city. This project involves the conservation of the tower, its 17th-century bell, and its clock mechanism.
Supporting Vulnerable Refugee Entrepreneurs to support the socio-economic integration of vulnerable refugee entrepreneurs and their families.
Conservation of 13th-16th-Century Funerary Towers of the Condor Amaya Necropolis Built between 1200 and 1459, the funerary towers (chullpares) in the Condor Amaya necropolis are vulnerable to damage and deterioration from vandalism and unchecked erosion. The project includes the conservation of 21 of the towers and an inventory of associated objects.
Conservation of the Mid-18th-Century Santa Teresa Convent in Cochabamba, Phase 2 Built in 1760 for the Carmelite Order, and rebuilt in 1790 after an earthquake, Santa Teresa Convent is one of Cochabambas most important landmarks. This project, which completes conservation work begun under previous Ambassadors Fund grants, directly supports the U.S. embassys efforts to promote sustainable economic development and the treaty between Bolivia and the United States concerning the looting and illicit trafficking of Bolivian cultural property.
Preventive Conservation of Community Heritage Collections on the Qhapac an (Inca Road) The Association of Representatives of Community Museums along the legendary Qhapaq an (Inca Road) is a best practice model for the collective stewardship of small indigenous heritage sites and museums in Bolivia. This project involves conservation and engagement activities at six associated community museums along the Desaguadero-Viacha section of the Qhapac an.
Bureau of Western Hemisphere Affairs - POLECO Grant to promote the defense and implement U.S. Department of State: Bureau of Western Hemisphere Affairs. POLECO Grant to promote the defense and implementation of the Gender Identity Law within public institutions and civil society.
Conservation of the Mid-18th-Century Santa Teresa Convent in Cochabamba Built in 1760 for the Carmelite Order, and rebuilt in 1790 after an earthquake, Santa Teresa Convent is one of Cochabambas most important landmarks. A continuation of work begun under a previous Ambassadors Fund grant, this project involves the conservation of the roof, walls, and floors of the convent.
Bureau of Western Hemisphere Affairs - Poleco Grant To Promote The Defense And Implement U.S. Department of State: Bureau of Western Hemisphere Affairs. Poleco Grant To Promote The Defense And Implementation Of The Gender Identity Law Within Public Institutions And Civil Society.
Restoration of the Mid-18th-Century Santa Teresa Church in Cochabamba One of the first convent churches in Cochabamba and the only one built in the Baroque style, the building is susceptible to damage from water infiltration and a structurally compromised roof. This project includes structural stabilization and other remedial preservation measures to keep the building dry and safe.
LAPO MFB II The proposed project consists of a USD30 million funding envelope that will support the expansion of LAPO Microfinance Bank (LAPO MFB), an existing investment partner of IFC. LAPO MFB was created through the transformation of the microcredit activities of Lift Above Poverty Organisation into a regulated financial institution in 2010. As the leading LAPO MFB provides credit and savings services to its target market of micro entrepreneurs, most of whom are small-scale traders in urban and peri-urban areas. LAPO MFB also works with partners to provide insurance coverage and health and educational services to its clients. It currently serves over 1.2 million clients and aims to reach 5 million clients during the life of this project. The project is expected to have a strong development impact by expanding access to credit for low-income micro entrepreneurs. Nigeria was identified as a priority country for the World Bank''s Universal Financial Inclusion initiative. The project will directly increase access to credit for micro-entrepreneurs and support LAPO''s expansion plans across Nigeria. As the leading MFB in Nigeria, LAPO and its continued partnership with the IFC is expected to deepen the level of professionalism among local institutions and lead them to follow LAPO''s transformational model towards a microfinance bank.  Also, IFC''s long-term funding will support the continued institutional development of the company and help broaden the mix of loan products available to its clients.
Robust Nigeria Robust International (Robust or the Company) is a midscale agri-commodity trader headquartered in Singapore that specializes in niche commodities such as sesame, cashew, and ginger. The company is active in sourcing from across Sub-Saharan Africa. IFCs financing will be used to support Robusts expansion of operations in Nigeria (the Project), where use of funds includes i) financing the construction of warehouse complexes and sesame processing facilities in Nigeria, and (ii) associated working capital to support increased sourcing and processing activity under the project. The most significant expected Project outcomes are i) contributing to domestic value addition through investments in processing facilities, ii) improving farmer livelihoods through more reliable access to storage and offtake, and iii) benefitting the environment through reductions in GHG emissions associated with high food losses. Beyond the Project, IFC anticipates that contribution to market creation will stem from better integrating an underserved part of the country into global value chains by setting up storage and processing facilities close to the producers and demonstrating the business rationale for enhancing this type of physical infrastructure in the north of Nigeria to counter existing bottlenecks for sector development.
AEF E. Ekesons Brothers Nigeria Ltd. SUMMARY OF PROJECT INFORMATION (SPI)    Project Name		Nigeria-Ekesons Limited    Region			Sub-Saharan Africa    Sector			Transportation    Project No.		008095    Company Name	E. Ekesons Brothers Nig. Limited    Description of Company and Purpose of Project:  Ekesons presently operates 66 long-distance luxury coaches between Lagos, Onitsha, Nnewi and Abuja.  The Government, with its urban mass transit program, is encouraging private sector mass transit companies to improve the public transport system in the country.  Ekesons will acquire 10 luxury buses to expand their transportation services and compliment the existing fleet.    Technical Partner and/or Major Shareholders:  Ekesons is a limited liability company established in 1982, with N8 million paid in share capital.  It is family-owned.  The principal sponsor, Chief E.E.N. Ojukwu is a Nigerian businessman, who owns a vehicle brake linings manufacturer, and a motor spare parts and motorcycle imports and sales company.    Project Cost Including Proposed IFC Investment:  Total project cost is estimated at N77 million (US$0.962 million equivalent).  IFC has been asked to provide a loan of US$385,000 million.    Location of Project and Description of Site:  Buses acquired will travel between Lagos, Onitsha, Nnewi and Abuja.    Environmental Category and Issues: This is a category B project according to IFCs environmental review procedure.  Environmental and occupational health and safety issues associated with this project include: oil/fuel storage and spill prevention, disposal and recycling of used fluids and oils and employee training and fire protection.  The used oils and solvents will be stored separately in safe tanks which then will be collected by NNCP and oil company, who will be responsible for recycling the oil and solvents in accordance with local regulations.  As part of their safety policy, new employees must first be certified medically as being able to operate a vehicle. New employees are also trained by experienced drivers for a period of three months.  Ekesons furnishes all of its vehicles with fire fighting equipment.  Training and inspections of fire equipment is provided by the Federal and State Fire services.  IFC will ensure ongoing compliance with World Bank environmental, health and safety policies and guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by Ekeson and by conducting periodic supervisions.    The Environmental Review Summary is expected to be available at the Public Information Center on March 14, 1997.    Date SPI sent to PIC:			March 11, 1997    For additional information contact:  Corporate Relations Unit -   	telephone: (202) 473-7711   	facsimile:  (202) 676-0365    P:\PIC\NGS08095.DOC   March 11, 1997 8:20 PM  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).
Custodian Project The proposed project involves an IFC investment of up to $12.5 million in Custodian and Allied Insurance plc (Custodian or the Company), a general insurance company located in Nigeria. Through Custodian and Allied Insurance Plc (or the Project), IFC will to support the Companys expansion plans within and outside Nigeria and into new products and market segments.  Custodian has operated on the Nigerian market since 1995, specializing in the marketing and provision of general insurance and special risk products predominantly to corporate clients. 1. Insurance Sector Development: IFC''s support for Custodian will enhance the growth and development of the Nigerian insurance sector, thus improving the sector''s contribution to the Nigerian economy; 2. Entrepreneurship and Employment: IFC''s involvement in the Insurance Sector through Custodian will promote growth of business activities and employment in Nigeria. Entrepreneurial activities will be encouraged by the availability of appropriate and effective insurance products for risk management;  3. Government Revenues: By enhancing the capacity of the insurance sector to support business activities and employment, IFC''s investment will also enhance the growth of government revenues from taxation of insurance and other business activities; 4. Long-Term Funding Source: IFC''s support for Custodian will also facilitate the generation of long term funds through the growth of insurance premiums, thereby addressing the shortage of local currency financing for infrastructure development in Nigeria.
Food Concepts Food Concepts (FC or the Company) is a leading Quick Service Restaurants (QSR) and bakery operator based in Nigeria.  QSR is branded as Chicken Republic with 60 outlets in Nigeria, 9 of which are franchised, and three in Accra, Ghana. FC also operates 10 bakeries, branded as Butterfield. The IFC investment would support capital expenditures and working capital over a 4 year period to develop approximately 40 additional QSR outlets; expand bakery capacity by approximately 100%, and make a further investment into poultry backward integration in Nigeria (the Project). The Project's expected development impact includes (i) employment generation; (ii) gender promotion (QSR sector employs a high proportion of women); (iii) demonstration effect to the QSR/poultry market in West Africa; (iv) MSME reach; (v) develop efficient poultry industry in Nigeria; and (vi) introduction of best practice poultry using a technical partner with a proven track record.