Silverlands Vineyards Limited (Namibia) (DFC-SILVERLANDSVINEYARD)

Countries
  • Namibia
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Silverlands Vineyards (Proprietary) Limited
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 38.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 31, 2019

Disclosed by Bank May 30, 2018


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Project Description

According to the Agency's document, this project finances the doubling in size of the borrower's existing vineyards and the acquisition of approximately 177 hectares of land to be developed into new vineyards. 

The project will be located adjacent to the Orange River, which borders South Africa; 620km north of Cape Town, South Africa and 650km south of Windhock, Namibia

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

No contact information provided at the time of disclosure.