Original disclosure @ IFC website
Updated in EWS Mar 27, 2023
Disclosed by Bank Feb 25, 2022
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According to the Bank’s website, the project consists of senior loan package up to USD35 million (mn) to Jubaili Holding for Investments SAL, the holding company of a leading importer, distributor and formulator of agrochemicals in Africa (the “Group”). The Group was established in 2002 by the Jubaili Family in Nigeria and expanded its geographical footprint to Ghana (2014), Uganda (2015), Tanzania (2016) and Kenya (2017). As of June 30, 2021, the Group employs over 2,300 people and sells to over 3,000 retailers, wholesalers, farmers and dealers through 80 outlets in the five operating countries. Jubaili’s investment plans include (i) capacity expansion plans in Nigeria, Ghana, Uganda, Tanzania and (ii) permanent working capital needs (the Project).
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Jubaili Agrotec Group||Parent Company||-|
Jubaili Holding for Investments SAL
+961 7 727022 ext. 305
Maarouf Saad Blvd - Saida – Lebanon
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