Original disclosure @ IFC website
Updated in EWS May 16, 2023
Disclosed by Bank Apr 24, 2023
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According to the Bank’s website, the proposed investment is an up to EUR100 million (equivalent US$107 million) senior loan to Sunda Group Company Limited and its subsidiary company, Solipro Limited, to support the Company’s capital expenditure and working capital needs in Africa. The proposed loan will finance Sunda’s investment program which seeks to expand its manufacturing operations in fast moving consumer goods (FMCG) and metal hardware production in Africa, including (i) a washing powder production factory in Ghana; (ii) distribution centers in Ghana; (iii) diaper/hygienic product factory expansions in Ghana, Guinea, Kenya, and Nigeria; and (iv) a hardware manufacturing factory in Cote d’Ivoire.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Sunda Group Company Limited
Regional Finance Manager
233 50 833 3790
Sunda Industrial Park behind Westhill Mall, Accra, Ghana
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