According to the Bank’s website, the Project entails a proposed IFC green loan facility of up to EUR45 million to subsidiaries of the Omnium des Industries et de la Promotion Group (OIP, and together with its subsidiaries, the Group), a leading cement producer in Morocco and West Africa, to support the green capex program of the Group in the Sahel. The Project, whose primary objective is to finance climate investments, will be implemented through Ciments de l'Afrique (CIMAF), the Group’s sub-Saharan African subsidiaries, and will include the construction of a limestone calcined clay cement (LC3, a low-carbon cement) plant in Burkina Faso and solar PV projects in Burkina Faso, Chad, and Mali, aiming to promote the decarbonization of the Group’s operations.
|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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Omnium des Industries et de la Promotion Group
Mr. Abdelkrim Cherradi
+212 675 76 76 69
28, La Colline II, Sidi Maarouf Casablanca - Maroc
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