Original disclosure @ IFC website
Updated in EWS Feb 6, 2020
Disclosed by Bank Feb 4, 2020
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IFC’s investment proposal is to provide a financing package of up to EUR5.13 million consisting of: i) IFC A Loan of up to EUR2.7 million and IDA Private Sector Window loan of up to EUR2.43 million to MIGAS SA (“MIGAS” or “the Company”) to finance the installation of a Liquefied Petroleum Gas (LPG) cylinder plant in Niger and upgrade its existing metal works equipment (the “Project”).
Mr. Moctar SABO
Chief Executive Officer
BP 360, Arlit, Niger
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/