devinitorg/iati-policy-markers huggingface dataset:
Apollo SA Project Formerly Dunlop Tyres South Africa Ltd, Apollo Tyres South Africa (Pty) Ltd  has two manufacturing plants in South Africa, Durban and Ladysmith producing car, light truck, truck and bus, and of-the-road tires. The project is the expansion of the companys car and light truck tire production capacity at it Ladysmith plant by about 30% to 13,000 tires per day. The project will allow the company to increase domestic tire supply, maintaining the competitive market dynamics, with benefits to consumers, and to increase exports, earning the country an additional foreign exchange. The project will provide increased tax revenues to government.
AEF Eerste River Medical Centre SUMMARY OF PROJECT INFORMATION (SPI)     Project Name:   	   		South Africa:  Eerste River Medical 						Centre    Region:   	   			Sub-Saharan Africa    Sector:   	   			Health Care Services    Project Number:			8042    Projected Board Date:   		   February 15, 1997    Company Name:	   	   	Eerste River Medical Centre (Pty) Ltd    Technical Partner and/or Major Shareholders    The projects main sponsor is ER Management Services, a company controlled by four Mohamed brothers (Hoosain, Ameen, Faeez and Dr. Zaid) and four other entrepreneurs. Other shareholders of ER Management Services are Dr. Alfred Liddle and Dr. Roderick Miller, both leaders of the Eerste River medical community, and two other brothers; Jerome Ramages, a lawyer and Dr. Leslie Ramages a Cape Town medical doctor.    Project Cost including proposed IFC investment    Project Cost:		US$5.0 million equivalent   IFC investment:		US$0.72 million equity    Location of project and Description of Site    The project will be located in Eerste River, in the Cape Town metropolitan area.    Description of Company and Purpose of Project    The project is to build and operate a 123 bed Medical Centre in Eerste River to meet unsatisfied demand for good quality medical care in that part of the Cape Town metropolitan area. The Centre will offer general inpatient and outpatient medical care and provide a road range of specialist services.    Project Development Impact    South Africas public sector medical facilities have become overburdened since opening up to members of all racial groups.  Private hospitals are helping to fill the gap in this market.  The government has expressed a desire to leverage the resources available in the private sector by forming partnerships with private hospitals referring patients from the state sector for treatment in private facilities and bearing the cost of such referrals. ERMC has been selected as the pilot for this proposal.  The project should provide a good demonstration effect for future public-private sector collaboration in South Africas health care sector.    Environmental Category and Issues    This is an environmental review category B project.  Environmental, health and safety issues associated with this project include medical materials handling, disposal of medical waste, power and water supply, hygiene and implementation of good hospital management practices, CFCs, employee health and safety training and fire protection.  A professional hospital management team is to be contracted and an environmental health and safety plan is under preparation.    The ERS is expected to be available in the Public Information Centre on/or about January 10, 1997.    Date SPI sent to PIC:	December 26, 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).
Spier Estate The Spier Estate, nestling under the mountains surrounding the picturesque town of Stellenbosch in the heart of South Africa''s wine country, is presently one of the top ten tourist sites in the Western Cape province. The attractions include the old buildings which also serve as the conference center and various restaurants, a picnic area, the working winery (which is part of Winecorp, a separate Capricorn company), a Cheetah conservation center, and an outdoor theater used for the annual Spier Festival. The project will help create 2,000 new jobs over the next five years through (i) expanding the existing farming activities, (ii) developing new initiatives in horticulture distribution, (iii) widening the scope for attracting extra business to the existing conference center by providing tied accommodation via an adjacent 150-room limited services hotel aimed at the domestic conference market, and (iv) constructing a new 250-room resort hotel and golf course aimed at international travelers. In addition, three separate villages will be constructed on the estate, partly to provide affordable quality housing for estate workers and partly for sale and rent to others. In keeping with the sponsor''s philosophy, each village will contain a mix of different housing and will be designed as a balanced community. One of the villages includes a new school which has already been built, replacing a dilapidated rented property.    IFC''s participation in the project with loan and equity will help create an appropriate financial structure, as loans are not readily available from South African institutions for longer maturities (the other major lender will be the US Overseas Private Investment Corporation).
Omnia CDG Project The project is to provide a Carbon Delivery Guarantee for Certified Emissions Reduction credits (CERs) that are expected to be generated by Omnia Fertilizer Limited (the seller or the company) via the installation of a nitrous oxide (N2O) destruction facility at its nitric acid plant in Sasolburg, South Africa.  The IFC carbon delivery guarantee would eliminate the need for the buyer(s) of the credits to analyze the risks inherent in the plants and the credit risk of the sellers. The project would have a number of developmental impacts including:   - helping the company to capture a larger portion of the carbon-related value from the facility than would otherwise be possible;  - a strong contribution to improved environmental performance by lowering the nitrous oxide emissions from the Companys plant;  - lowering the emission reduction compliance cost to the buyer;  - demonstration effect for other South African and Sub Saharan African companies to consider similar reduction measures.
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         The proposed project involves IFC financing of up to US$ 60 million Rand equivalent to Mercantile Bank Limited (MBL or the Bank), an SME-focused commercial bank in South Africa. The funding will primarily be used for expanding the Banks lending operations to small and medium enterprises (SMEs), including women owned SMEs (WOEs) and Black Economic Empowerment owned SMEs (BEEOEs). Increased access to finance: IFC's investment will provide much-needed funding to the SME sector, particularly WOEs and BEEOEs, through a bank which is completely focused on this segment. It will help SMEs grow and stabilize their businesses, create more jobs and contribute more effectively to boosting productive economic activity.

Competitiveness: IFC's investment will support the sustainable growth of the Bank, ensuring that it continues to promote SME lending in the South African banking sector. In particular, this will be the first bank in South Africa specifically allocating a portion of the funding to WOEs and BEEOEs.
Hans Merensky Hans Merensky Holdings Proprietary Limited (HMH or the Company) is a South African vertically integrated natural resource company with over 60 years operating history in the forestry and sub-tropical fruit industries. The Company is the largest grower and exporter of avocados out of Africa, and a leading player in South Africas timber industry through its timber plantations and sawmilling operations. HMH is embarking on a capital expenditure program that will expand and upgrade its timber processing capacity and increase the production of avocados in existing markets as well as new markets. The development impact of the project is expected to include:  Employment creation:  The Company has about 4,300 employees. The expansion of its operations and market position in South Africa and South America is expected to lead to the creation of more jobs. Rural Development: The project will make significant contribution to the development of rural communities in South Africa.  Women Inclusion: The project will enhance inclusion as a significant number of the Company''s business units employ largely women. Increased tax and export revenue for government.
The Courier Guy IFC proposes an equity co-investment in The Courier Guy (TCG). The co-investment will be made through a Mauritius investment vehicle alongside Adenia Fund V. TCG is South Africas leading courier, express, and parcel (CEP) business Company focused on last-mile logistics for customers with a nationwide footprint, offering a wide range of local courier services. The expected development impact will be through (i) job creation, (ii) improvement in the quality of services for customers to last-mile logistics, and (iii) an increase in the integration of the e-commerce sector with the wider economy.
Bergman Ross I Bergman, Ross & Partners Radiologist Incorporated ('BRI', 'the Borrower' or 'the Company'), one of the largest radiology practices in Sub-Saharan Africa, seeks IFC financing for the expansion of their existing Medical Diagnostic Imaging ('MDI') practice in Accra, Ghana. The new facility, operating under the business name Quest Medical Imaging Ghana, will initially have one unit each of Ultrasound, Digital X-Ray/Fluoroscopy and CT Scan ('the Project'). The Project will address domestic shortage of MDI facilities in Ghana as demand for imaging facilities in Ghana currently outstrips supply. Stakeholders: The Project will address domestic shortage of diagnostic medical imaging facilities in Ghana. These facilities play a key role in the provision of health care and allow for the effective treatment of cancer and respiratory illnesses, for example. The quality of imaging will be ensured because BRI, a leading South African Diagnostic Medical Imaging Services Company, will train staff in Ghana in operating and managing complex medical imaging machinery based on global best practices.
Competitiveness: The Project will introduce and strengthen access to world-class medical diagnostic imaging facilities in Accra, thereby, improving the quality of locally available diagnostic facilities by facilitating the entry of a higher quality provider.
Blueberry III The proposed IFC investment is a senior secured syndicated loan package of up to 14 million to United Exports Limited (UE or the Company) and its subsidiaries.      The proposed investment will support the Companys 14 million investment program comprising of the following components: (i) fund frost mitigation measures on UEs existing blueberry farms; (ii) support a blueberry farm expansion; and (iii) refinance existing debt (the Project).     Established in 2004 in South Africa, the Company is involved in blueberries value-chain from farming, packing, processing, cooling, buying and selling. The Company sources blueberries from farms in South Africa and Zambia that it owns partially or entirely as well as from outsourced contract growers located in the Southern Africa region.  United Exports focuses on the production and marketing of blueberries mainly to the export market. Its proprietary brand is OZblu® brand. IFC expects the Project to generate economy-wide effects from job creation and economic value-added through expansion. At the market level, the Project will help to strengthen the resilience of South Africas blueberry sector to frost and abnormal rainfall risk through, planting OZblu® varieties that fruit in alternate windows, R&D and implementation of innovative mitigation measures.
SBSA Green Bond The project consists of an investment of up to US$200 million in a green bond with a 10-year maturity, issued by The Standard Bank of South Africa Limited (SBSA or the Project). The bond has been privately placed with IFC and is listed on the London Stock Exchange. The proceeds will finance eligible green assets under SBSAs Sustainable Bond Framework. Increased availability of climate finance: IFC's investment will help increase access to climate finance and support the development of a platform to promote renewable energy and energy efficiency projects in corporates and smaller businesses. Sustainability: IFC's investment will promote greater sustainability by catalyzing development of South Africa's climate finance market through demonstration of the first offshore green bond issuance that follows international Green Bond Principles coupled with support for awareness raising among financial institutions and continued support for reforms and capacity building in sustainable banking.
Absa Housing The proposed project is an up to ZAR2 billion senior unsecured loan with a 5-year tenor to Absa Bank Ltd (Absa or the Bank) to support the expansion of its affordable mortgage finance portfolio in South Africa (the Project). The Project will be certified in compliance with Loan Market Associations (LMA) Social Loan Principles (SLP). It will be the first such transaction in the market. Stakeholders Effects: Increased access to housing finance. The Project will contribute to increased access to affordable housing finance (mortgages) leveraging Absa's market position and substantial reach. The entirety of the ZAR2 billion loan proceeds will be allocated for affordable mortgage finance, thereby helping narrow South Africa's housing finance gap.

Inclusiveness. This will be the first SLP certified loan by a commercial bank in South Africa thereby introducing a certified social loan in the market to mobilize capital for affordable housing. This demonstrates to other banks and investors the viability and replicability of mortgage lending centered around affordable segments. Other financial institutions may be expected to see the merit and business case of scaling up investments to reach these underserved groups, resulting in a wider adoption of social loan and bond frameworks and standards that will create a more inclusive environment.
Absa MAGC Project The proposed project is an up to ZAR4.5 billion senior unsecured loan with a 5-year tenor to Absa Bank Ltd (Absa or the Bank). Proceeds will finance the expansion of Absas EDGE-certified (or equivalent green certification that is acceptable to IFC) green building finance portfolio in South Africa (the Project). The Project is expected to be supported by the Market Accelerator for Green Construction (MAGC) Program as described in the Blended Finance Section. Stakeholder effects: Increased access to developer and mortgage finance for certified green buildings. The Project will contribute to increased supply of certified green buildings in South Africa, leveraging Absas market position and substantial reach. The growth of Absas green building portfolio is expected to reduce GHG emissions.

Contribution to market creation: Beyond the Project, IFC anticipates that its systematic engagement at both the sectoral and financial institutions levels, through investment, upstream, and advisory services, will help scale up climate finance, strengthen green finance standards in the country, and encourage replication by other institutions in the country, thus, contributing towards increased environmental sustainability through the demonstration and capacity building channels.
Country Bird Country Bird Holdings Limited (CBH) is an agricultural group comprising (i) integrated poultry and stock feed operations in South Africa trading as Supreme Poultry and Nutri Feeds; (ii) poultry breeding, broiler and stock feed operations in the southern African region trading as Ross Africa and Master Farmer; and (iii) South African retail and distribution operations trading as Long Iron Meats, Supreme Distributors and Ama Chick Chick. CBH currently operates in Botswana, the DRC, Malawi, Mozambique, Namibia, South Africa, Zambia and Zimbabwe.   The Project entails: (i) increasing DOC production in Zambia & Botswana; (ii) expansion of the Zambia feedmill capacity; (iii) increase broiler meat processing capacity in South Africa; and (iv) construct soya bean deactivation plants at two of its feedmills. The project''s expected development impact includes: (i) higher efficiency, quality and best practise bio-security standards transfer by a leading regional poultry player in the region; (ii) SME development through increased outgrowers and distributor network; (iii) supply chain development through investments in agro allied businesses; (iv) creation of additional direct and indirect jobs; (v) improved food security in the investment countries; and (vi) increased tax revenues to Governments
Ethos Private Equity Fund V Ethos Private Equity Fund V (Ethos V or the Fund) is a private equity fund which will make equity and equity-related investments primarily for control positions in market-leading growth businesses located in South Africa as well as in other African countries.  The Fund has a target committed equity capital of up to $500 million.  The Fund will be the fifth fund raised and managed by Ethos Private Equity Limited (Ethos) which is based in Johannesburg and has a core group of 16 professionals that have worked together since 1985.    IFC intends to invest up to $25 million in Ethos V and will also consider an investment of up to $5 million in Sphere Private Equity Fund I (Sphere I) which is a related fund set up as a joint venture with Ethos V to share deals and the expertise of senior Ethos partners.  Sphere I is a Rand-denominated private equity fund with target capital commitments of Rand 600 million (~$100 million) which will be managed by Sphere Holdings (Sphere). Ethos V and Sphere I are fundraising simultaneously for capital commitments in the ratio of 5:1 respectively.
DARP SPV Nimble The proposed project consists of
an investment in Nimble Group (Pty) Ltd (Nimble or the Company), a servicing and
investing company in the distressed
assets (DA) market in South Africa. The project also includes an investment in a Special
Purpose Vehicle (SPV), funded along with Nimble. The SPV will invest in the
acquisition and resolution of non-performing loans in Botswana,
Namibia, Ghana, and Kenya. The increase in IFC investment reflect current
market conditions and opportunities in new markets. - Allow credit grantors in South Africa, Botswana, Namibia and other sub-Saharan countries to dispose their NPLs, and therefore improve their liquidity and capacity to originate new loans.  - Through the appropriate resolution of NPLs, the project could allow a large number of individuals to be able to avoid losing their assets (e.g., their homes), restore their credit rating and ultimately to re-enter the normal credit markets.  - The proposed investment would provide liquidity and therefore contribute to the development of the distressed assets market in sub-Saharan Africa, resulting in an increase of both the number of NPL transactions and the number of participants in the market.
African Bank The project consists of a subordinated Tier-II qualifying debt to African Bank Limited (African Bank or the Bank), the leading provider of short to medium term unsecured retail loans to formally employed low- to middle-income individuals in South Africa. The project aims to:   - broaden access to finance to the underserved markets notably unsecured finance largely used for incremental housing construction and education purposes;  - show confidence in a financial institution that is reliant on wholesale funding, thereby ensuring continued growth and credit product availability to the lower-middle market segments even in the midst of relative market uncertainty.    Although the proposed financing will enhance the balance sheet of the Bank overall, it will be designed to support the expansion of credit for housing and education purposes, both of which are critical to the social and economic development of previously disadvantaged individuals in South Africa. The project is expected to:  - Strengthen the capital base of African Bank and help diversify its funding base to mitigate its reliance on domestic institutional wholesale funding as well as open up the Bank to international private sector debt markets in the future.  - Improve the Banks capacity to further drive down the cost of credit, expand its market share in existing markets and offer new products such as longer tenor lending more suited for incremental housing development. - Contribute, in turn, to more sustainable distribution of South Africas economic growth by extending credit at affordable rates to the previously disadvantaged segments.  - Increase the supply of Tier II financing of longer tenor, thereby supporting South African financial market development.
Bounty Project 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 proposed investment consists of an IFC C loan of 20 million to Bounty Brands (Bounty or the Company), a South African fast moving consumer goods (FMCG) platform. Bounty operates three divisions: food, personal care, and home care, and owns a wide portfolio of leading brands that are being sold in over 40 countries globally. The IFC loan will support the Companys acquisition activities and geographical expansion over the next few years in preparation for an upcoming IPO (the Project). 1)	Pan-African Expansion of Direct Marketing: Bounty owns two companies that carry out a direct marketing business model, engaging 20,000 members, 95% of which are female. The direct marketing network is a highly effective avenue to create SME entrepreneurs and disposable income in emerging markets. The Project will allow the Company to double its network, leading to knowledge and technology transfer and contributing to inclusive economic growth. 
2)	Pan-African Expansion of SME Distributors: The Company will be working with SME distributors to expand its Pan-African network into Botswana, Mozambique, Zambia and Kenya.
3)	Mass employment: Bounty employs approximately 1,800 full-time employees. The Company is expected to increase its total number of employees to 3,000 in the next 12 months via organic and inorganic growth.
4)	Global capital market: The Company is targeting a listing on the LSE and the JSE and will be the eighth such company to do so outside of the mining, property and financial sectors, setting a further precedent on the potential of African companies in the global capital markets.