The proposed loan of up to EUR 10 million, to Société Sénégalaise Agro-Industrielle (“Sosagrin”) and Industrie des Boissons du Sénégal (“IBS”) (together with Sosagrin the “Borrowers”), is to support the Borrowers’ investment program, and includes: (i) acquiring a new greenfield site and building new production and warehouse facilities; (ii) expanding production capacity; (iii) implementing a packaging recycling program; and (iv) working capital requirements.
Sosagrin and IBS are primarily owned and managed by the El Sahili family (the “Sponsors”). The founder, Mr. Kassim El Sahili, is joined by his two sons, Mr. Rouda El Sahili and Mr. Mohamed El Sahili in managing the businesses.
Mr. Rouda El Sahili
+221 33 832 18 88
Rue n.6, Km 4,5 Bd du CC de Dakar – BP 21434 Dakar – Senegal
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