Western Africa
BUA Cement Secures US$500 Million IFC Loan
The funds will support the ongoing expansion of its plant in northern Nigeria.
BUA Cement has secured a US$500 million financing package from the IFC to fund the ongoing expansion of its Kalambaina plant in Sokoto State, northern Nigeria.
The deal includes a US$160.5 million loan from IFC's own account, a US$94.5 million loan through the Managed Co-Lending Portfolio Programme, and US$245 million in
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