IFC and Partners Support BUA with $500 Million Facility to Boost Industrialization, Create Jobs, in Northern Nigeria and the Sahel
Abidjan, Côte d’Ivoire, June 5, 2023 IFC today made its largest-ever investment in northern Nigeria, providing a financing package alongside African and European partners to BUA Cement Plc to help the company part-finance and develop two new, energy-efficient cement production lines that will create up to 12,000 direct and indirect jobs. IFC’s $500 million financing …