devinitorg/iati-policy-markers huggingface dataset:
BACI Revolving Line Summary Of Project Information (SPI)       Project Name    Côte d''Ivoire - Banque Atlantique Revolving Credit Line (BACI 3)                Region    Sub-Saharan Africa      Sector   Project No009407   Projected Board DateFebruary 12, 1999   Company NameBanque Atlantique Côte D''Ivoire Société Anonyme (BACI)   Technical Partner and/or Major Shareholders    	The technical partner is Belgolaise Bank, a subsidiary of Fortis/Générale de Banque of Belgium, one of the largest European banking groups.  Belgolaise controls and manages a growing network of commercial banks in Africa.  BACI''s major shareholders are private Ivorian companies with 67.5%; private Ivorian investors with 17.5%; and Belgolaise Bank with 10%.    Project Cost Including proposed IFC investment    	The project is to provide a syndicated revolving credit line of FRF 50 million (US$ 9 million equivalent) to Banque Atlantique (BACI).    Location of project and Description of site    	Abidjan, Côte d''Ivoire    Description of Company and Purpose of Project    	Banque Atlantique (BACI) is a well managed and profitable commercial bank in Côte d''Ivoire.  The revolving credit line would enable BACI to further develop its trade finance activities and provide necessary short-term working capital financing for its clients.  The project comes at a time when resource availability in Côte dIvoire is becoming difficult due to tighter liquidity.  IFCs revolving credit line would thus provide BACI with necessary resources to appropriately address this shortfall, by combining short-term liquidity with medium-term availability.        Environmental Category and Issues    	This is a Financial Intermediary Type 1 project.  BACI will be required to develop an environmental management system to cover relevant operations (e.g., project finance, corporate finance).  BACI must require that investments under relevant operations meet host country environmental, health and safety requirements.  IFC will work with BACI to develop an environmental review capacity.  BACI represenatitves will be required to attend IFC-sponsored environmental training.   BACI will be required to provide an annual environmental performance report to IFC.        Date SPI sent to InfoShop     January 12, 1999      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
Samapleu Nickel Sama Resources Inc.s (Sama or the Company) objective is to build a successful exploration and mining company in Côte dIvoire with a focus on nickel and copper sulphides, nickel and cobalt laterites, as well as platinum and palladium. Samas primary asset is an option to earn a 60% stake in the Samapleu polymetallic project (Samapleu or the Project) in Côte dIvoire.   The Project is relatively early on the development curve, but has the potential to host multiple deposits given its location in a new and prospective district in Côte DIvoire.   Samas strategy is to first build a small operation to produce nickel and copper concentrate based on an initial resource of 10 to 15 million tonnes. They would then use the cash flow to scale up their operation based on the discovery of additional resources.  Sama also has a grassroots exploration project (Lola) in Guinea, but the Companys focus is on the development of Samapleu in Côte dIvoire, where IFCs proceeds will be spent. This is an early-stage, exploration project in a post-conflict, IDA country which is set to attract investment to develop its mineral resource sector.   During exploration and prior to commercial resource discovery, the Project will have limited, immediate development impact.  Nonetheless, even at its early stage, the Project provides local permanent employment to 35 people in an area with no formal employment opportunities and poverty levels of 80%.   Should exploration lead to mine development and production, the developmental impacts will be notable.   Key expected benefits will include taxes and other payments to government, the generation of direct employment and indirect jobs through linkages into the community as well as the improvement of local transportation and other infrastructure that will support local economic development.   Successful resource discovery and development are also likely to attract more foreign investment into the sector.
GTFP ATRI BICICI The proposed project consists of a trade finance facility of up to US$5 million for Banque Internationale pour le Commerce et l'Industrie de la Côte dIvoire (BICICI or the Bank) with a maturity of up to 1 year. The investment falls under the IFCs Global Trade Finance Program (GTFP) and the African Trade and Supply Chain Finance Program (ATRI). The investment will support BICICIs international trade business and enhance acceptability of Letter of Credits, Guarantees and other trade instruments issued by BICICI, the sixth largest bank in Côte dIvoire in terms of gross loans, in favor of its Correspondent Banks (CB). The most significant expected project-level outcome is the increase in access to finance for Issuing Banks. Beyond the Project, IFC anticipates that the Project could support greater market resilience, since in eligible IDA-PSW countries, such as Côte dIvoire, GTFP builds, protects, and deepens trade finance networks by continually enabling individual trade transactions, which slowly builds resilience of trade networks, trade, and income to these economies.
SLGP NSIA CI RSF II The proposed project is an unfunded Risk Sharing Facility (RSF) for a portfolio of credit facilities of up to XOF25 billion (c.US$41.4 million) originated by NSIA Côte dIvoire, where IFCs exposure is up to 50 percent of the maximum portfolio. The purpose of this facility is to support the Banks financing of Very Small and Medium Enterprises (VSEs and SMEs) in Côte d'Ivoire. The Project has an AIMM rating of Good based on an AIMM score of 53. On an unadjusted basis (i.e., without likelihood factor), the full potential AIMM score could reach 64. The most significant expected project-level outcome is the increase in access to finance for SMEs operating in Cote dIvoire. This Project is part of a program of interventions that IFC has been pursuing with several FIs in Côte dIvoire with the intention of providing SME risk-sharing facilities to promote greater market competitiveness through demonstration and replication effect.
BICICI AMEF RSF The proposed project consists of an unfunded Risk Sharing Facility (the RSF) for up to XOF5 billion (or approximately US$8.3 million) committed in two equal tranches to Banque Internationale pour le Commerce et l'Industrie de la Côte dIvoire (BICICI or the Bank) with a maturity of up to 8 years under IFCs Africa Medical Equipment Facility (AMEF). The RSF will cover up to 50% of the risk on a portfolio of healthcare small and medium enterprise (HSME) loans in an amount of up to XOF10 billion (or approximately US$16.5 million) to help scale up the Bank's SME lending in Côte dIvoire (the Project). The loans will be originated by BICICI, the sixth largest bank in Côte dIvoire in terms of gross loans, through HSMEs, such as hospitals, clinics, pathology laboratories, diagnostic imaging centers and medical equipment distributors, for whom BICICI finances the purchase of medical equipment through leading original equipment manufacturers (OEMs). The most significant, expected project-level outcome is the increase in access to finances for SMEs and the provision of medical equipment for diagnosis and treatment services for a range of diseases, including COVID-19. Beyond the project, IFC anticipates its financing could support greater market resilience as service capacity to treat COVID-19 and similar diseases increases through innovation, capacity building, and demonstration and replication channels.
CIDT Expansion The Compagnie Ivoirienne pour le Dévelopement des Textiles (CIDT, the Company) is a cotton ginning company in Cote dIvoire (CDI) which is headquartered in Bouaké, the second largest city of the country.  The company transforms raw cotton (seed cotton) into cotton lint/fiber which is mainly exported. The seed cotton is acquired from more than 30,000 smallholder farmers active in his exclusive area. IFCs financing will be used to support CIDTs expansion plan in CDI (the Project) for: (i) Building a new 40,000 mtpa ginning plant in Tieningboué to increase the Companys ginning capacity:; (ii) Upgrading its running plants in Bouaké, Mankono and Séguela; (iii) financing transport equipment which will improve the companys operations and reduce reliance on third party. The most significant expected Project-level outcomes are: (i) processing internally what is currently outsourced to 2 other processing ginneries; (ii) generating additional resources and expand farmer support to increase productivity since their interest is aligned with those of the farmers: the higher the volume, the better the margin since price is fixed and therefore not a lever of their profitability; (iii) searching for new sources of procurement, outside the contractual zones, and therefore reaching an additional segment of farmers who will benefit from increased incomes from producing cotton. The stakeholder effects for farmers will be enhanced through the provision of Advisory Services focused on capacity building and improved agricultural practices.
Beyond the project level, IFC expects the investment to improve competitiveness in the cotton sector through strong demonstration and replication effects, largely at the processing and primary production levels. Capacity building of farmers will motivate processors in other zones to replicate similar practices with their suppliers.
Farah Expansion The proposed IFC investment seeks to support the Farah Group, a leading healthcare services group in Côte dIvoire (CIV), in setting up an Oncology Center and an Eye Care Center in Abidjan (the Project). The project is expected to be supported by the IDA20 Private Sector Window Local Currency Facility (IDA PSW LCF) as described in the Blended Finance Section. The Project is expected to contribute to the development of health systems in Cote dIvoire as new and specialized treatments are provided. It is expected that the Project facilities will be among the first to introduce some of the Project targeted treatments in Cote dIvoire. The Project will allow doctors to develop skills in new types of treatments.
AMEF RSF BBGCI A risk sharing facility (RSF) covering a maximum portfolio of up to XOF10 billion (approximately US$16 million equivalent), where IFCs maximum exposure is up to 50% of the maximum portfolio, to be committed in two equal tranches. The proposed RSF is to support the Banks portfolio related to access to finance for healthcare SMEs (HSMEs) to acquire medical equipment in Côte dIvoire and Senegal and is proposed to be processed under the IFCs Africa Medical Equipment Facility (AMEF) program, which is supported by the IDA19 IFC-MIGA Private Sector Window Blended Finance Facility (the AMEF RSF Project). The most significant expected project-level outcome is the increase in access to finance for HSMEs and the provision of medical equipment for diagnosis and treatment services. Beyond the Project, IFC anticipates that the Project will promote resilience in the sector by increasing the capacity and the quality of delivery to fill the growing need for healthcare services.
Ciprel IV Project The project consists in: (i) the expansion of the existing CIPREL natural gas-fired power plant in Côte dIvoire by adding 111MW steam cycle capacity to 2 x 111MW open cycle gas turbines, converting them into a combined cycle operation, and (ii) the retrofitting of two gas turbines to Dry Low NOx technology for NOx emissions reduction (together the Project).  The Project, expected to enhance the efficiency of the power plant by generating 25.5% more power without the use of any additional gas, will be developed, designed, constructed and operated under a 24-year Build-Own-Operate-Transfer (BOOT) arrangement.  The Project will sell its power to the 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 competitive, clean and reliable base load power to help reduce Cote d'Ivoire's power shortage and boost its economic recovery; -	Contribute to the reduction of generation costs for the benefit of Ivoirian consumers; -	Stimulate 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 significant signaling effect, as the second major foreign investment in the country post crisis, to encourage other private investments in Cote d'Ivoire.
IAS Project The proposed Project consists in providing financing to IAS for the acquisition of up to three secondhand Dauphin N3 helicopters (the Project) by International Aircraft Services (or IAS or the Company), to provide helicopter transport services to leading oil and gas exploration and production companies in Cote dIvoire and the Western African region. The Project will enable IAS to modernize its fleet with newer helicopters to meet its client needs. The proposed Project is expected to: - Create up to four new highly skilled jobs (pilots, skilled mechanic for maintenance, etcâ¦ ), developing a local know-how.  - Support the development of exploration and production of natural gas activities, much needed for the recovery of Ivoirian power sector, by providing reasonably priced transportation services.  - Help an Ivorian Comapny with regional activities grow, contributing to the development of exploration and production of natural resources in West Africa in general.  - Create a demonstration effect by providing financing to a Company in a post-conflict country, demonstrating that viable investments can be made in Cote d''Ivoire, and pave the way for more investments in the future.
AEF Société Africaine de Bourse SUMMARY OF PROJECT INFORMATION (SPI)     Project Name		COTE DIVOIRE - SAB    Region			Sub-Saharan Africa    Sector			Capital Market    Project No		008254    Projected   Board Date		June 25, 1998    Company Name		Africaine de Bourse S.A. (AB)     Technical Partner and/or Major Shareholders    	Africaine de Bourse S.A. (AB) was incorporated on December 12, 1997 with a paid-in capital of CFA 270 million (US$450,000 equivalent) to be increased to CFA 300 million. AB is sponsored by Société Ivoirienne de Banque (SIB), a 51% affiliate of Credit Lyonnais and the fourth Ivorian Commercial Bank.  The Credit Lyonnais Group will control 57% of the companys shares.  Africaine de Bourse will be technically assisted by Cholet-Dupont, Crédit Lyonnais brokerage subsidiary, incorporated in France and active on the Paris Stock Exchange.    Project Cost Including Proposed IFC Investment    	Africaine de Bourse will have a share capital of US$500,000 equivalent of which IFC would subscribe at par to up to 10%, for an amount of US$50,000 equivalent.    Location of the project and description of the site    	The project would be located in the business district of Abidjan, in the premisses of Société  Ivoirienne de Banque. Africaine de Bourse will rent a 150 square meter space on the fifth floor of the SIB building, and benefit from SIBs existing facilities.    Description of Company and Purpose of Project    	The project consists in setting-up a brokerage house to trade securities in the newly establised Regional Stock Exchange (RSE).  Unlike the existing Abidjan Stock Exchange (ASE) where trading is carried out directly through Ivorian commercial banks, trading on the RSE will be carried out through brokerage firms.  AB will be the brokerage firm of one of these Ivorian commercial banks (SIB) already involved in broking on the ASE.  The establishment of an efficient and modern brokerage company will contribute to the development of an active securities market in the West African Economic and Monetary Union (WAEMU).  This in turn will help mobilize long-term debt and equity finance for the private corporate sector, enhancing the dispersion of business ownership and facilitating privatization programs in the seven WAEMU countries    Environmental Issues    	This is a category C project according to IFC''s environmental review procedures. No further environmental review is required.     Date SPI Sent to Infoshop:		May 20, 1998		    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
SIPRA CI Project IFC is considering to invest up to 7 million to support the expansion of La Societe Ivoirienne de Productions Animales (SIPRA or the Company), a leading poultry operator based in Cote dIvoire.  SIPRA has vertically integrated operations established in three key business units, namely 1) Ivoire Poussins, which encompass parent stock farms and hatchery for production of one day-old chick, and commercial farming facilities composed of 4 egg laying farms, and 34 broiler chickens farms, including 9 under SIPRAs management and 25 contracted farms; 2) Ivograin, a feed mill unit. Ivograin is also selling its products through a network of 22 retail outlets throughout Ivory Coast; and, 3) CoqIvoire, a slaughtering unit and 43 retailing outlets for chicken and eggs.  IFCs financing will be used for SIPRAs 22 million expansion project (the Project) over the next 3 years. The Project includes: (i) expand broiler production to 8 million birds p.a.; (ii) expand egg production to 70 million eggs p.a. (from current 20 million eggs); (iii) increase poultry & egg retail outlets to 80 (from current 43); (iv) debottlenecking of feedmill to increase capacity; and (v) others (working capital, etc.). (i)	Contribution to the Development of the Ivoirian Poultry Industry:  IFC investment will support the Company''s efforts to promote higher efficiency, quality, and best practice biosecurity standards.  These best practices would spread throughout the country, and contribute to development of Ivorian poultry industry. (ii)	Benefit to the supply chain:  SIPRA operates in a post conflict country with significant linkages to farmers and MSMEs.  SIPRA works with 25 poultry outgrower farms.  Also, SIPRA sources maize locally reaching small farmers, and sells its feed and day-old chicks to poultry meat and egg farmers.  The Company indirectly contribute the growth of small service-oriented businesses (transporters, restaurants, etc.).   (iii)	Employment creation:  The Company has 523 full-time employees and 217 temporary workers. The Project is estimated to create approximately 200 additional jobs. (iv)	Increased Tax Revenue For Government.  (v)	Demonstration effect:  IFC investment in Cote d''Ivoire will raise confidence of other investors.
Sucden CdI Project The proposed investment is an up to 100m 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 project is expected to be supported by the Global Agriculture and Food Security Program (GAFSP) and IDA20 Private Sector Window Blended Finance Facility (IDA-PSW BFF) as described in the Blended Finance Section. 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 considering providing advisory services to farmers in the form of training on financial literacy, farm management, and good agricultural practices. 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.
Yaoure Project Amara Mining plc (Amara or the Company) is a London-based junior mineral exploration and development company focused on developing its wholly-owned Yaoure gold project (Yaoure or the Project) in central Côte dIvoire. Yaoure is the largest undeveloped gold project in the country in terms of mineral resources with total NI 43-101 compliant resources of 6.8 million ounces (Moz), including 4.4 Moz indicated (106.3 Mt @ 1.29 g/t Au) and 2.4 Moz inferred (63 Mt @ 1.19 g/t Au) based on a US$1,500 / oz pit shell and a cut-off grade of 0.5 g/t Au. The Company completed a Preliminary Economic Assessment (PEA) in March 2014 to assess the potential for future mine development. Results from the PEA indicate that Yaoure has robust economics and as such, the Company is proceeding to complete a Prefeasibility Study (PFS) which is due at the end of April 2015. Amara is then expected to complete an Environmental and Social Impact Assessment (ESIA) and a Bankable Feasibility Study (BFS) by the end of 2015, the final milestone to confirm the commercial viability of the deposit. The proposed investment is an early-stage investment preceding final feasibility studies of the deposit''s commercial viability. Generally, exploration projects have limited near-term development impact. Should exploration lead to mine development and production, the developmental impact from this Project could be significant.  The mine could generate considerable revenues for the government, largely in the form of corporate income taxes and royalties. Once operational, the Project is expected to contribute 0.5% of revenues to a community development fund targeted at funding projects to benefit local communities. The development of a gold mine would also help to diversify the country''s export base from agricultural commodities.
SGBCI RSF Project The proposed project with Société Générale de Banques en Côte dIvoire (SGBCI or the Bank) is a Risk Sharing Facility on a portfolio of loans to small and medium enterprises (SMEs) for up to XOF20 billion. The Bank has a universal bank business model servicing the retail, SME and corporate business segments. Many viable enterprises (real and financial sector) have been severely impacted by the political crisis due to lack of liquidity, interrupted supply/production and closure of factor, supply and delivery markets. By supporting select viable SMEs, entrepreneurs and corporates, this project would:  - Improve access to finance by SMEs. Expanded financial intermediation is needed: a) to support the flow of credit to small business which make up the most important part of the economy in Cote d''Ivoire, and b) help to reduce informal banking throughout the value chain. - Preserve employment and support key local entities, in particular SMEs that are key to job creation;  - Improve the companies'' competitive position and ability to contribute to Cote d''Ivoire''s economic recovery. - Help SMEs to penetrate new sectors .