devinitorg/iati-policy-markers huggingface dataset:
FCS RE SCE Senior Loan The proposed project consists of a 4-year unsecured senior loan of up to 5.5 billion Central African Franc (XAF) or approx. US$8.4 million equiv. comprising up to 1.8 billion XAF (US$2.8 million equiv.) from IFCs own account and mobilization from other lenders of up to 3.7 billion XAF (US$5.6 million equiv.) to Société Camerounaise dEquipement (SCE or the Company), the second independent leasing company in Cameroon by market share for on-lending and leasing services to Small and Medium Enterprises (SMEs) (the Project or the Loan). As per the Companys strategy, the Project will provide SCE with funding to support SMEs operating in Cameroons priority sectors, including construction and public works (38% of the activity) and transport (25%) while growing its agriculture and medical equipment portfolio. The project is expected to be supported by IDA20 IFC-MIGA Private Sector Window Local Currency Facility (IDA-PSW LCF) as described in the Blended Finance Section.  SCE is a Non-Bank Financial Institution (NBFI) in Cameroon established in 1963. Through its 12 branches, SCE operates 3 lines of business namely (a) equipment sales to corporates and households, (b) equipment financing in the form of traditional credit and leasing to corporates and households, and (c) money transfer services using established agents such as Express Union, Money Gram, Western Union, and WafaCash. SCE is the second largest specialized NBFI in Cameroon with a market share of 17% and the fifth provider of leasing solutions in Cameroon with a market share of 4.2%. The most significant expected project-level outcome is the increase in access to finance for SMEs through the extension of additional leases and loans to SMEs. IFC also anticipates that the Project, together with complementary regulatory and sector capacity-building provided through the Africa Leasing Program launched in April 2021, has the potential to promote greater market competitiveness by aiming to address sector bottlenecks at the policy and industry levels and by enticing more financial institutions to offer leasing solutions to SMEs.
BICEC Project The project involves an IFC equity investment of XFA 489,375,000.00 ($720,000.00 equivalent) for an up to 7.25% shareholding in the capital of Banque Internationale du Cameroun pour l''Épargne et le Crédit.  With the proposed equity investment, IFC would participate in the privatization of BICEC, a commercial bank operating in Cameroon. The privatization of BICEC represents a key step of the financial sector reform program agreed between the Government of Cameroon and the World Bank/IMF two years ago.    The project is expected to have the following developmental impacts:    - bring about important know-how and skills transfer through management of the bank by a strong technical partner, and through training of local staff;     - promote competition in the banking sector;     - have a demonstration effect in the economy of Cameroon and for the rest of the privatization program;     - generate revenues for local employees, local shareholders and Government of Cameroon, as a result of BICEC expected growth and profitability;   - provide financing and banking services to all participants in the local economy, from large corporate entities to the informal sector
APM I Project Agence de Prestations Maritimes (APM) is an integrated provider of real estate warehousing/storage for rent and logistical services. APM provides end to end supply chain services to over 200 local and international customers active over a wide array of sectors ( retail, manufacturing, agriculture) out of the of Kribi and Douala ports. APM currently employs 190 full time staff. The Company has set up a representative office in NDjamena (Chad) and has a similar plan for Central African Republic (CAR) whose importers and exporters face some of the challenges encountered by Chadian customers and also depend heavily on Douala and Kribi for its foreign trade.  The Project consists of i) the expansion of APMs existing warehousing facilities in the Douala Port area, ii) the construction of additional warehousing facilities in Doualas largest industrial  zone, iii) the construction of a wood park the Kribi port area and iv) the refinancing of existing long term local currency LT debt facilities.  The project is expected to be supported by the IDA 20 Private Sector Window Blended Finance Facility (IDA PSW BFF) as described in the Blended Finance Section. The most significant expected Project-level impact is the effect on tenants/firms who will benefit from modern and high-quality warehouses through efficiency improvement. Beyond the Project, IFC anticipates that the investment will contribute to improving regional market integration, by facilitating the flows of goods and merchandise to and from Cameroon, Chad, Central African Republic (CAR) and other global markets.
GTFP ATRI CCA The proposed project consists of a trade finance facility of up to US$5 million for Credit Communautaire dAfrique Bank (CCA-Bank or the Bank) with a maturity of up to 6 months. The investment falls under the IFCs Global Trade Finance Program (GTFP) and is booked under the African Trade and Supply Chain Finance Recovery Initiative (ATRI) umbrella (the Project). The investment will support CCA-Banks international trade business and enhance acceptability by correspondent banks (CBs) of Letter of Credits, Guarantees and other trade instruments issued by CCA-Bank, the ninth largest bank in Cameroon in terms of net loans, in favor of its CBs. CCA-Bank was the largest microfinance institution (MFI) in Cameroon up until May 2018 when it obtained a banking license and that is currently the eighth largest bank in Cameroon in terms of net loans. The most significant expected project-level outcome is the increase in access to trade finance for CCA-Bank. Beyond the Project, IFC anticipates that the Project could support greater market integration, since in eligible IDA-PSW countries, such as Cameroon, GTFP builds, protects, and deepens trade finance networks by continually enabling individual trade transactions, which slowly builds integration of trade networks, trade, and income to these economies.
AEF FMEGAZ EXPANSION FME Gaz is an existing company based in Douala, Cameroon. The proposed project consists in upgrading and replacing its main equipment in order to produce better quality industrial gases for its current and expanded markets. The proposed project is expected to:

- ensure a sustained provision of quality industrial gas throughout the Central African region;
- contribute to increasing competition in the industrial gas sector in Central Africa;
- create 25 additional jobs bringing the companys total staff number to about 100 by 2009.
AEF NOSA IV Created in 1999, Nosa Sarl (Nosa or the Company) is a local Cameroonian laundry soap producer for low and middle income population, using Crude Palm Oil as the main raw material. The Company, located in Yaoundé, the capital city of Cameroon, employs 120 persons. The proposed project consists of the replacement of the saponification lines of production of the Company (the Project). This new investment should help Nosa grow and establish itself as a key player in the market. The Project will contribute to add value to a local raw material resource (CPO) and thus contribute to the economic development of the country. It is also expected to consolidate and expand the Companys activity, and further enhance competition and improve the regional distribution of the soap industry currently concentrated in Douala and Bafoussam (south of the country). The Project will improve the environmental and safety conditions of the operations and of the workers and is expected to have at least 130 permanent jobs.
Activa Finances The project consists of an equity investment in Activa Finances (Activa or the Company), a holding company domiciled in Mauritius which controls the groups operating subsidiaries, directly or through a majority stake in the groups largest asset, its non-life subsidiary in Cameroon, Activa Assurances. Activa is registered as a Category 1 Global Business Company in the Offshore Financial center of Mauritius.   Activa Assurances was formed in 1998 and in turn owns majority stakes in Activa Vie (life insurance, Cameroon), Activa International Ghana Limited (non life insurance, Ghana), a minority stake in Globus Re a captive reinsurance company which reinsures a portion of the risks underwritten by Globus members and a 5% stake in La Loyale Assurances from Côte dIvoire.   Activa has built a strong domestic base in Cameroon and Ghana and will continue to focus on becoming a leading insurer in the CIMA zone (Conférence Interafricaine des Marchés dAssurance) covering 15 insurance markets with harmonized regulation. The Company intends to establish a foothold in other markets in Western and Central Africa through acquisitions or new licenses, as was done in Liberia and Sierra Leone with the acquisition of a composite insurance license in the former and a new license in the latter country. This regional expansion should be facilitated by the Globus network of independent insurance companies founded by the Chairman of Activa.  The Globus network leverages its reach which spans across more than 30 countries on the African Continent to further the growth of its members.   The project aims to support the above expansion strategy by providing capital, an institutional stamp of approval and contributing IFCs knowledge of global trends and best practices in the insurance industry. The development impact of IFC''s investment in Activa will be measured by the following metrics: (i) growth in insurance premiums, (ii) growth in sums insured, as well as (iii) the creation of new subsidiaries in other markets in a region characterized by very low levels of insurance penetration currently and (iv) the development of new products that should extend the reach of insurance cover in the markets concerned (micro-insurance, weather risk insurance for farmers, etc).  There will also be a strong demonstration effect by supporting a local entrepreneur who is building a regional group and has had some success already in creating a panafrican insurance alliance (Globus Network) as well a regional reinsurance platform (Globus Re).
EB-Accion CMR The project involves an equity investment to acquire up to 15% in EB-ACCION Cameroun (the Company), a new microfinance institution to be established in Cameroon to provide access to finance to an estimated 33,000 micro and small entrepreneurs five years following its inception.  The project sponsor is Ecobank Cameroon, and technical services will be provided by ACCION International. Other shareholders include ACCION Investments in Microfinance (AIM) and Ecobank Transnational Incorporated (ETI).  IFCs equity investment may be complemented by a partial credit guarantee of up to $2.5 million equivalent, and will be accompanied by an Advisory Services (AS) package of up to $2.54 million for the setting up of the company. Up to 30% of this allocation will come from IFC, and the remainder from a combination of Ecobank, ACCION and the company.  ACCION will be the principal provider of technical services to the project. The project will have a high development impact considering that microfinance has been shown to play a major positive role in reducing poverty and unemployment in developing countries. The initiative will strengthen the provision of microfinance services in Cameroon, where access to finance is sporadic for low-income populations and existing MFIs lack breadth and depth and do not focus enough on credit extension. By creating a new institution able to sustain microfinance on commercial terms and following best practices, the project has the potential to generate a substantial increase in the long-term availability of financial services for the poor. The project will also show local banks and MFIs that sound microfinance can be profitable and will demonstrate the commercial merits of transparency, HR and IT investments and strategic planning. As a consequence, it is expected that the interest of local banks in the micro-enterprise and SME sector will be strengthened.
Nachtigal 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 Nachtigal-amont project is a greenfield 420 MW
run-of-river hydropower project located on the Sanaga river near
Yaoundé, Cameroon (the "Project, "Nachtigal") and
developed as an Independent Power Producer ("IPP").              As of April 2017, the plant is estimated to achieve full
commercial operations by 2022. This would make it the first IPP to be
built on the Sanaga river benefiting from the upstream Lom Pangar regulating
dam. The Project benefits from the full support of the Republic of Cameroon who
just signed and granted the 35-year concession to the project company.       The Project is the number one priority
identified under the National Electricity Least Cost Development Plan
("NEDP") prepared in 2014 by the Ministry of Energy with the support
of the World Bank. The project is expected to have the following development impact: (i) Demonstration effect: support a pioneering IPP under the umbrella of ongoing sector reforms in Cameroon. This is expected to set a precedent for future IPPs to be developed on the Sanaga river downstream of the Lom Pangar regulating dam; (ii) Increase access to energy by providing clean, reliable, low-cost base load energy and help meet the fast-growing demand; (iii) Improve the country's power sector financial sustainability by displacing more expensive thermal power generation in the dispatch merit order; and (iv) Promote renewable energy and carbon emissions reductions.
Union Camerounaise Pharmaceutique UC-Pharm will mainly import and sell pharmaceuticals to local pharmacies, as the only medicines produced in the country are intravenous solutions and a few pharmaceuticals in tablet forms (paracetamol, chloroquine, etc.).   Its purchases will be handled by Bureau dAchat Afrique Antilles (BAA), a central purchase house owned by Pharmaci.  These pharmaceuticals will transit in the large warehouse Pharmaci owns in the Rouen harbor, France, while waiting to be shipped.    Pharmaceuticals received by UC-Pharm will be taken out of the containers, registered, stored and sold to Cameroonian pharmacists.  A computerized systems will help UC-Pharm track on a real time basis its orders, inventories and deliveries.     Total pharmaceuticals market in Cameroon is estimated at CFAF 50 billion (US$69.0 million), including about CFAF 40 billion (US$55.2 million) for the private market.  This market has been growing at a rate of 7.5% p.a.  UC-Pharm expects to have a 30% market share.    The project would have strong development impacts, including: (i) the development of competition in Cameroons pharmaceuticals distribution market; (ii) promotion of generics and pharmaceuticals manufactured in African countries; (iii) capacity building, as Cameroonian pharmacists will now be involved in the entire distribution chain of pharmaceuticals and (iv) significant redistribution effect, as part of the sector profit, including trade bonuses from pharmaceuticals manufacturers, will be paid back to a large number of Cameroonian pharmacists.       The proposed IFC investment is critical, as the Cameroonian financial sector is not in a position to provide either the long-term financing the project needs, due to the short-term nature of its resources and its risk-aversion to new projects.  In addition, under the Regional Central Bank regulations, obtaining IFCs guarantee would actually help the participating banks increase their lending ceilings and soften the decrease in their prudential ratios resulting from their loans to UC-Pharm.
AEF-Complexe Avicole SUMMARY OF PROJECT INFORMATION (SPI)     Project Name			Cameroon-Complexe Avicole Mvog-Betsi (CAM)    Region				Sub-Saharan Africa    Sector				Agribusiness    Project No.			007051    Projected Board Date	June 26, 1995    Company Name			Complexe Avicole Mvog-Betsi (CAM)    Technical Partner and/or Major Shareholders    	The main sponsors are Mr. Youssoufa Siddiki, a Cameroonian businessman who owns a tannery in Maroua (Northern Cameroon), with 51% of the shares, and the Jourdain International Group (European partner from France) with a 34% shareholding in the Company.  Mr. Robert Jourdain is expected to be the General Manager and his group would be the technical partner.  The balance would be owned by various Cameroonian Investors.    Project Cost including proposed IFC investment    	The project cost is estimated at US$1.5 million equivalent and IFC has been approached to provide a FF1.0 million (about US$0.2 million equivalent) loan.    Location of project and Description of site    	In the vicinity of Yaoundé on a 1.2 hectare plot owned by the Company.    Description of Company and Purpose of Project    	The project would rehabilitate henhouses, feeders, incubators, brooders and a feedmill, to produce about 1.3 million day-old chicks for chicken meat, 1.2 million day-old chicks for layers and 10,000 tons of chicken feed, on a yearly basis.    Environmental Categories and Issues    	This is an environmental review category B project.  Key environmental, health and safety issues associated with this project include liquid and solid waste disposal, CFC-free cold storage, water management, employee exposure to dust and noise, plant hygiene, fire protection, and general housekeeping concerns.  The sponsor will be required to submit a management plan addressing the issues listed above.    	The Environmental Review Summary is expected to be available on June 30, 1995 at the Public Information Center.    Date SPI sent to PIC		May 31, 1995     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).
Dibamba Project IFC proposes to invest up to Euros 24 million (up to 25% of total project cost) in AES Dibamba Power Development Corporation (AES DPDC or the company) for the development of a thermal power plant in Cameroon.  AES DPDC is an affiliate of AES Sonel, the privatized integrated electric utility of Cameroon and an IFC investee company.  AES Sonel will also be the off-taker of the power produced by AES DPDC.  The Dibamba 86 MW heavy fuel oil (HFO)-fired diesel engine power plant and associated 2 km 90kV transmission line in the Douala region (Dibamba) will be Cameroons first Independent Power Project (IPP). Dibamba will be an emergency thermal power plant to avoid major load-shedding.  The Dibamba Project objectives are to provide peaking and reserve capacity in electricity generation, in order to meet the growing public sector electricity demand and industrial expansion. The project will help avoid load shedding during the dry season (which typically lasts from January to June each year). This project is a subset of Project#25978 which SPI was disclosed on February 20, 2008. The project intends to:  - provide emergency oil-based generation through Dibamba to reduce power shortages in 2009/2010;  - meet growing incremental demand for electricity in the country;  - increase fuel diversity in a hydro-dominated electricity sector and improve long term security of energy supply during the dry season or in years with low rainfall; and - generate tax and dividend revenues for the GoC.    The project is part of the least cost expansion plan for the power sector in Cameroon as determined through an economic study commissioned by AES Sonel.  Without the project, the country would suffer power shortages.
BICEC  Agri RSF The project, a joint World Bank/IFC initiative, aims to promote competitiveness of Producer Organizations in the value chains of cassava, maize and sorghum by providing them with financing (pre- and post-harvest) to increase and modernize their production and vertically integrate their business to agribusiness end customers.   The proposed project with Banque Internationale du Cameroun pour lÉpargne et le Crédit (BICEC or the Bank) is a Risk Sharing Facility of up to XOF5 billion to support lending to Producer Organizations in Cameroon. BICEC is the third largest bank in the country in terms of loans  (16.7%) and third largest bank in terms of deposits (16.9%), with a network of 36 branches. The Bank has a universal bank business model servicing the retail, SME and corporate business segments. The Project will: (i)	improve the livelihoods of indirect and direct beneficiaries including smallholder producers involved in the cassava, maize, sorghum and rice value chains; (ii) create further employment at both producer organization and agro-industry levels thereby supporting one of the largest and poorest employment brackets in the country; (iii) addresses issues of food security through the substitution of imports by locally-produced raw materials. (iv) create jobs for women: The project is likely to reach at least 25% women given that for some of the value chains such as cassava and even maize, women are the majority of farmers. Increasing their economic power improves many livelihoods. They are more likely than men to contribute income to (1) poverty reduction; (2) improved nutrition; (3) school tuition
Kribi Project IFC proposes to invest up to Euros 35 million in Kribi Power Development Company (KPDC or the company) for the development of a gas-fired power plant with a gross capacity of 216 MW and the associated 100 km 225 kV double circuit transmission line from Kribi to Edéa (Kribi) in Cameroon.  KPDC is an affiliate of AES Sonel, the privatized integrated electric utility of Cameroon and an IFC investee company.  AES Sonel will also be the off-taker of the power produced by KPDC. The Kribi project will be Cameroons second Independent Power Project (IPP) after the Dibamba power plant. 

Gas will be supplied to Kribi from the Sanaga Sud gas project being developed by Perenco in partnership with Société Nationale des Hydrocarbures (SNH: the national petroleum company).  Although the Sanaga Sud gas facility is not funded as part of the project, Kribi is expected to be the main gas offtaker at least during initial years of operation, and reliable supply of gas is important for optimal operation of Kribi.  The main objectives of the project are to meet the increasing demand for power in the country and to diversify Cameroons current mostly hydro generation capacity through thermal generation expansion while displacing inefficient thermal power plants thereby reducing environmental impact, including carbon emissions.  

This project was first disclosed on February 20, 2008 and due to changes in the project size and scope a new disclosure had to be done. The project intends to:
 
 - meet growing incremental demand for electricity in the country; 
 - increase fuel diversity in a hydro-dominated electricity sector and improve long term security of energy supply during the dry season or in years with low rainfall; 
 - support the development of Cameroons gas resources; and 
 - generate tax and dividend revenues for the GoC.   
 
The project is part of the least cost expansion plan for the power sector in Cameroon as determined through an economic study commissioned by AES Sonel.  Without the project, the country would suffer power shortages and/or would have to rely on more expensive and inefficient sources of power, probably with higher carbon emissions.