devinitorg/iati-policy-markers huggingface dataset:
Indian Ocean Hotel Limited Summary Of Project Information (SPI)       Project Name    Tanzania - Indian Ocean Hotel      RegionSub-Saharan Africa   Sector   Project No010055   Projected Board DateMarch 25, 2000   Company NameIndian Ocean Hotels Limited   Technical Partner and/or Major Shareholders    	The developer and equity investor is Indian Ocean Hotel Limited, which is 100%-owned by the Ladwa family. Indian Ocean Hotel will be run under a management contract with Golden Tulip worldwide, a Netherlands-based hotel group that operates about 400 hotels.    Project Cost Including proposed IFC investment    	The total project cost is estimated at US$7.5 million. The proposed IFC investment is US$2.5 million    Location of project and Description of site    	The project is located on the coast, eight kilometers north of Dar es Salaam city centre on the Msanani Peninsula. The site is located along a 10 meter high cliff above coastal reef flats. There is no natural beach.    Description of Company and Purpose of Project    	The proposed 100-room high quality hotel is to cater for both tourist and business demands. Facilities will include a banquet hall with a seating capacity of 200; a conference hall with seating capacity of 150; catering facilities supported by a comprehensive kitchen; a large foyer with a lounge and bar; a full-size swimming pool and a shopping centre comprising of 6 shops. IFC''s role will be to provide long-term financing which is not readily available in Tanzania. The project will (i) provide additional infrastructure in support of tourism and the private sector; (ii) create employment for 150 people; (ii) create a market for downstream agricultural produce from the local community; and (iv) earn approximately US$2.0 million of foreign exchange each year.    Environmental Category and Issues    This is a category B project according to IFC''s Environmental and Social Review Procedure. Key issues associated with this project include: land acquisition; coastal impacts; sewage treatment; solid waste disposal; water and power supply; fuel storage; fire safety; and employee safety and training. As with all hotel projects the sponsor will be required to complete an independent fire safety audit.    The  is available from the InfoShop.       Host country location of environmental documents    The local municipal office on Kawawa Road, Kinondoni District, Dar es Salaam.      Date SPI sent to InfoShop February 24, 2000   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  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).
NMB GB Project The Project entails a subscription/investment of up to US$10 million in Tanzanian Shilling equivalent in a gender bond issuance (Jasiri Bond) by NMB Bank Plc (NMB or the Bank).  NMB is issuing up to TZS 25 billion with a Green Shoe Option of TZS (15) billion of a Medium-Term Note (MTN) in the form of a gender bond whose proceeds will be used to support and enhance the banks women-owned micro, small and medium enterprises (WMSMEs) portfolio. The gender bond is the 4th tranche of NMBs TZS 200 billion MTN program that started in 2016.  The project is expected to be supported by IDA19 Private Sector Window Local Currency Facility (PSW LCF) as described in the Blended Finance Section Project Outcome:
Stakeholders Effect  Improved access to finance for WMSMEs: The Project will help address the large WMSME finance gap in Tanzania, which is estimated at US$1.5 billion. NMB has been an active advocate for women financing in Tanzania, launching NMB Jasiri , its women empowerment program in 2020.  IFC anticipates that the Project will provide financing for over 2,313 additional WMSME loans, growing NMBs outstanding loan portfolio in WMSMEs by US$7 million over the next three years. The expansion of the Banks WSME portfolio is also expected to have job creation effects.  

Contribution to Market Creation:
Inclusiveness: IFC anticipates that the first gender bond issued by the largest bank in the country will promote greater market inclusiveness though capital market development by introducing a replicable instrument to diversify funding sources for the underserved WMSME segment via the demonstration and replication channel.
Kioo Limited The project comprises long-term working capital funding, and necessary equipment maintenance and upgrades, to help to mitigate the impact of the COVID pandemic on Kioo Limited, a glass container manufacturing business based in Dar es Salaam, Tanzania.     This project is linked to https://disclosures.ifc.org/#/projectDetail/SII/38664 By supporting Kioo to sustain operations, IFC positions the private sector in Tanzania to contribute to economic recovery and improved market resilience in the regional beverages supply chain in which Kioo participates.

Development outcome indicators to be tracked for the duration of the IFC investment: employment (number of direct jobs); production volume; purchases from domestic suppliers; number of countries supplied.
DTBT Tier I & II The total project cost and proposed IFC investment is $5 million. IFC will finance the above amount in the form of a Subordinated Loan that qualifies for Tier II capital.  The above Subordinated Loan will be utilized to: (i) strengthen Diamond Trust Bank Tanzania Limiteds (DTBT) capital base; and (ii) assist in DTBTs increase in lending to the SMEs. The Project is expected to have a high development impact in the following measurable areas:  1. Increasing credit availability to the SMEs.  2. Supporting job creation through providing long term financing to the SMEs. 3. Growth in bank''s profitability which is expected to be achieved through strengthening DTBT''s capital base, and as a result higher taxes to the Government. 5. Demonstration effect/market transformation through DTBT''s continued lending to the target segment beyond the life of the Project.
WCS COVID II NMBTZ The Project comprises of a senior loan of US$100 million to NMB Bank Plc (NMB or the Bank) under the COVID-19 Emergency Response WCS Envelope (WCS Envelope). The investment will help the Bank meet the COVID-19 related working capital and trade-related needs of its clients, all of which are small and medium enterprises (SMEs). IFC anticipates that the Project will support the Banks' capacity to sustain operations and to expedite post-crisis recovery. By sustaining the Banks' ability to provide working capital and trade finance loans to SMEs, the project is intended to promote the resilience of financial service providers, as well as broader stability that comes about by providing for the going concern of market participants in Tanzania. The Project Outcome will be realized by providing access to finance/liquidity to NMB. This will support the Banks capacity to sustain operations and to expedite post-crisis recovery. Specifically, this project intends to provide US$100 million working capital facilities to NMB, which will then on-lend to its clients (including SMEs) in key sectors of the economy, over the next two years.
National Bank of Commerce Summary Of Project Information (SPI)       Project Name    Tanzania - National Bank of Commerce                Region    Sub-Saharan Africa      Sector   Project No009626   Projected Board DateSeptember 1, 1999   Company NameNational Bank of Commerce   Technical Partner and/or Major Shareholders    	Amalgamated Bank of South Africa (ABSA) is Government of Tanzania''s preferred bidder to become a majority shareholder and technical partner of NBC.  ABSA is one of South Africa''s largest banking and financial services groups providing a full range of retail and corporate banking, insurance, financial and property services through extensive local and international networks with over one hundred years of bank experience.    Project Cost Including proposed IFC investment    	Up to US$50 million    Location of project and Description of site    	Tanzania    Description of Company and Purpose of Project    	The project involves the privatization of the National Bank of Commerce, the largest financial institution in Tanzania.  NBC''s privatization is the largest bank privatization in Sub-Saharan Africa and will be IFC''s largest bank privatization project in the region to date.  ABSA has invited IFC to participate as a strategic investor.  In addition to its equity participation, IFC has also been requested to consider providing a loan to NBC for financing SMEs.    Environmental Category and Issues    	This is a Financial Intermediary (F1) Type 1/Type 2 project according to IFC''s environmental and social review procedure.  NBC will be required to undertake environmental and social review of relevant operations (project finance, corporate finance, leasing) to ensure compliance with host country requirements.  For each subproject financed with IFC funds through the credit line, NBC will be required to undertake a review of each subproject to ensure compliance with host country requirements, IFC environmental and social safeguard policies, and if applicable, World Bank Group environmental, health and safety guidelines.  NBC must obtain IFC clearance prior to making any investment with IFC funds in any Category A project.  In addition, NBC will be required to submit an annual environmental performance report.    The  is  from the InfoShop.       Host country location of environmental documents    Tanzania        Date SPI sent to InfoShop     June 9, 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
Ngualla Project Peak Resources Limited (Peak) is an Australian junior mining company focused on advancing its wholly owned Ngualla Rare Earth Project (Ngualla or the Project) in south western Tanzania. The Ngualla deposit was first discovered by Peak in 2010 and after several years of exploration drilling, Peak completed a Preliminary Feasibility Study (PFS) in March 2014 to assess the potential for future mine development and associated beneficiation, recovery and separation plants and infrastructure. Results indicate that the Ngualla deposit provides sufficient ore for a potential 40+ year mine life. The operation, as contemplated in the PFS, is expected to produce ~10,000 metric tonnes per annum of separated high purity rare earth oxides. Peak is now proceeding to complete a Bankable Feasibility Study (BFS), the final milestone to confirm the commercial viability of the deposit. Construction is forecast to commence in mid-2016, with commissioning to follow 18 months later.  Ngualla has a JORC compliant mineral resource of 195 million tonnes (MT) at 2.26 percent Rare Earth Oxide (REO) grade (4.4 MT of contained REO), including mineral reserves from a core 21.6 MT weathered Bastnaesite Zone at 4.54 percent REO for 982,000 tonnes of contained REO. The proposed investment is an early-stage investment preceding final feasibility studies to confirm the commercial viability of the deposit. Generally, exploration projects have limited near-term development impact but even at this early stage, the proposed investment has shown tangible benefits for the surrounding community.  The Project provides direct employment and training to the village of Ngwala, a rural community, in a region where formal employment opportunities are scarce and poverty levels are high. The vast majority of employees are Tanzanian nationals, most of which are from Ngwala, and are employed based on a rotation schedule. The community also benefits from a variety of community programs the Company has implemented, mainly in the educational field, and the purchase of local products.   Should exploration lead to mine development and production, the developmental impact from this Project could be significant, in particular given its potentially long mine life.  The mine could generate significant revenues for the government, largely in the form of taxes and royalties. The development of a rare earth project would also help diversify the mining sector which is currently predominantly driven by gold production.  Additional future development impacts include an important demonstration effect of how large-scale mining may be developed in accordance with good international industry practices, environmental and social and transparency standards.
Jubilee Insurance Company of Tanzania Summary Of Project Information (SPI)       Project Name    Tanzania-Jubilee Insurance Company of Tanzania (JICT)            Region    Sub-Saharan Africa        Sector       Project No008409   Projected Board DateOctober 20, 1997   Company NameJubilee Insurance Company of Tanzania (JICT)   Technical Partner and/or Major Shareholders    	The main sponsor of JICT is Jubilee Kenya.  The Jubilee Insurance Company was incorporated 60 years ago, with headquarters in Mombasa, Kenya.  Since its inception in 1937, Jubilee has expanded its operations with offices in Nairobi (the new headquarters), Kampala, Karachi, Bombay, and in Mauritius.  The Companys shares are listed on the Nairobi Stock Exchange and enjoy blue chip status.  Jubilee Kenya sponsored a similar project with IFC in Uganda, which is now the third largest insurance company in Uganda.    Project Cost Including proposed IFC investment    	US$2,000,000 equivalent in share capital.    Location of project and Description of site    	Dar Es Salam, Tanzania    Description of Company and Purpose of Project    	This project involves setting up one of the first private insurance companies in Tanzania.  JICTs main line of business will be the provision of general (non-life) insurance with the exclusion of aviation, followed by an entry into the life assurance field a year or two later. The initial paid-up capital will be US$2 million, with the shareholding structure as follows:  Jubilee Insurance Kenya, 40%;  AKFED, 15%;  IFC, 15%;  Jubilee Uganda, 3%:  Jubilee Mauritius, 3%;  and local Tanzanian investors, 24%. JICT has a strong developmental impact as it is intended to fill an important institutional gap in Tanzanias financial sector by setting up a strong and diversified insurance company.  JICT will act as an agent to mobilize savings and foster economic growth in the Tanzanian economy.     Environmental Category and Issues    	This is a Category C project according to IFCs environmental review procedure.  No further environmental review is required.       Date SPI sent to PIC     October 2, 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
CRDB Equity The proposed project involves an equity investment in CRDB Bank in Tanzania. The bank plans to raise new equity to fund growth and comply with anticipated changes to the banking regulations relating to capital adequacy.   CRDB is the largest commercial bank in Tanzania by asset size. Formerly known as the Cooperative and Rural Development Bank, the Bank was privatized in 1996 when DANIDA (Danish International Development Agency) took a 30% stake through the Danish Investment Fund (DIF) which remains the largest shareholder of CRDB with a 21.5% stake. The Bank listed on the Dar es Salaam Stock Exchange in 2009. CRDB is a universal commercial bank with a full range of corporate, SME and retail products and services, with significant market share in corporate and agri-finance. CRDB is also a major microfinance player in Tanzania through a wholly owned subsidiary that offers banking and advisory services to agricultural cooperative societies and Savings and Credit Cooperative Societies (SACCOS) in the country.  In addition, CRDB has a fully owned subsidiary in Burundi, which was established in 2013 and is the Banks only operation outside Tanzania.  IFC and the African Capitalization Fund managed by IFCs subsidiary The Asset Management Company (AMC) plan to invest up to US$ 37.7 million by participating in the Banks forthcoming rights issue. IFC will invest up to US$15 million and AMCs up to US$ 22.7m in the new issue. Through the provision of additional capital, IFC will support the Bank''s overall growth strategy and will enable it to increase access to finance for underserved market segments. Specifically, expected development impacts will include: -	Improved access to finance to SMEs: the capital injection will enable the Bank to extend its reach and coverage of SMEs in East Africa. In turn, increased lending to SMEs will generate new jobs, a key driver of poverty reduction in the region.  -	Demonstration effect:  By taking an early lead in enhancing its capital base ahead of expected regulatory changes, the Bank will set the pace and demonstrate investor appetite to support the banking industry in meeting the new capital requirements -	Improved financial performance:  with an increased equity base and planned growth in lending, the Bank is expected to deliver better results in terms of profitability and operational efficiency.
DCM TMRC Investment 0  0  0  0  0  0  0  0  0.0000       The proposed Project consists of a funding package to Tanzania Mortgage Refinancing Company (TMRC or the Company), comprising of (a) a straight equity investment of up to US$2 million and (b) participation in TMRCs Medium Term Note (MTN) Programme of up to US$10 million equivalent in Tanzania Shillings (TZS). The Project will strengthen TMRCs balance sheet and enable long-term support for the growth of the mortgage financing market in Tanzania. The Project will be supported by the Local Currency Facility (LCF) of the IDA18 IFC-MIGA Private Sector Window   (IDA   PSW), created by the Word Bank Group to   catalyze   private sector investment in IDA countries, with a focus on fragile and conflict-affected states. The LCF will help deepen the regional capital markets by supporting longer-term local currency bond   issuances, and   will contribute to make homeownership more affordable thanks to the extension of mortgage loans maturities. Job creation: through the proposed Project, IFC will promote creation of indirect and induced jobs through construction of residential houses in Tanzania. 
Accessibility and affordability of housing finance: the proposed Project will allow TMRC to offer longer tenor funding to PMLs in Tanzania which in turn will enable PMLs to offer longer-term mortgage loans to borrowers, ultimately increasing access and affordability of mortgages.
Market integration: the proposed Project is expected to contribute to a greater deepening of the capital markets in Tanzania through attracting more liquidity, diversifying market participants, and lengthening the corporate bond yield curve.
AEF Milcafe Limited SUMMARY OF PROJECT INFORMATION (SPI)    Project name		Tanzania-Milcafe Limited    Region			Sub-Saharan Africa    Sector			Agriculture    Project No.		007482		    Projected Board Date	May 20, 1996    Company Name		Milcafe Limited    Technical Partner and/or Major Shareholders:  The Company is owned by Interchem Pharma Limited (70%) and Edm. Schluter & Co. AG Switzerland (30%).  Interchem, which was founded in 1987, is a large Tanzanian pharmaceutical manufacturing company.  Edm. Schluter, a Swiss holding company, has been engaged in coffee trading since 1980.    Project Cost including proposed IFC investment    	Project Cost:		US$ 1.60 million equivalent    	IFC Investment:		US$ 0.45 million loan    Location of Project and Description of Site:  The projects facilities are located in Moshi, Tanzania.    Description of Company and Purpose of Project:  Milcafe Limited started operations in 1993 by buying coffee at auction and exporting it to Europe.  Following the industrys liberalization, the company began to purchase parchment coffee directly from growers and arranged to have the coffee contract milled by the government-owned Tanzania Coffee Curing Company (TCCC) at Moshi, before export.  Because of its success, the company has decided to operate its own coffee milling machinery.  In addition to processing its own coffee, Milcafe will process coffee for associated companies and other traders on a contract basis.     Milcafe will provide an alternative vehicle to the government-owned company for milling coffee. This should accelerate the liberalization of coffee marketing and processing, which in turn is expected to benefit smallholder growers.  The project would also increase the value of coffee exported due to improved milling standards.  In addition,  the project will generate additional employment.      Environmental Categories and Issues:  This is a Category B project according to IFCs environmental review procedure. Environmental, health, and safety issues associated with this project include solid waste disposal, dust emissions, employee safety and training, fire protection, and general housekeeping.  The company has submitted an environmental, health and safety management plan that satisfactorily addresses these issues.  The ERS will be in the PIC by April 15, 1996.    Date SPI sent to PIC		April 8, 1996    For additional Information contact:  Corporate Relations Unit - telephone (202) 473-7711 - facsmile: (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).