The proposed investment consists of an IFC secured A-loan of Euro 8.9 million equivalent in local currency XOF to Carrières et Chaux du Mali (“CCM,” or the “company,”), with First Loss Guarantee (FLG) and Local Currency Facility (LCF) from IDA PSW’s Blended Finance Facility (BFF). IFC’s investment will provide CCM with permanent working capital and the necessary financing to achieve Project Physical Completion and rated factory capacity (the “Project”). CCM is the first modern and large-scale lime and limestone producer in Mali, serving the sub-region (Burkina Faso, Guinea, Cote d’Ivoire, and Ghana) and providing an alternative to lime and limestone products, currently imported primarily from Europe.
Contact Person: Aminata Coumba Diallo
Company Name: CCM
Address: Faladiè Sema, Rue 841 porte 202, Bamako – BP 366
ACCOUNTABILITY MECHANISM OF IFC
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