Results Monitoring Database

African Foundries Limited, Nigeria [1005]

Facility: EAIF
PIDG Commitment (US$m): 20.00
Co-Financed with another PIDG Facility: No
Recipient of PIDG Funding: African Foundries Limited
Jurisdiction of Recipient: Nigeria
Country: Nigeria
Region: Sub-Saharan Africa
DAC Type: Other Low Income Country
Fragile State Type: Fragile State
Sector: Industrial Infrastructure
Climate Change Mitigation Tier: 1
Climate Change Adaptation: 3
Status: Fin. Closed / Sold / Loan, G'tee, Mandate Signed
Start Year: 2009
Close Year: 2009
Post-Completion Monitoring Form Completed: Yes
Year of Post-Completion Monitoring: 2013
Expected Date of Operation: 11/2011
Actual Date of Operation: 09/2013
Total Investment Commitment (Predicted) (US$m): 124.30
Total Private Sector Investment Commitment (Predicted) (US$m): 59.30
Development Finance Institution Investment Commitment (Predicted) (US$m): 65.00
Total Investment Commitment (Actual) (US$m): 155.30
Total Private Sector Investment (Actual) (US$m): 111.30
Development Finance Institution Investment (Actual) (US$m): 44.00
People with Improved Access to Infrastructure (Predicted): 7500000
People with Improved Access to Infrastructure - Male (Predicted): 4708014
People with Improved Access to Infrastructure - Female (Predicted): 2791986
People with Improved Access to Infrastructure (Actual): 7500000
People with Improved Access to Infrastructure - Male (Actual): 4708014
People with Improved Access to Infrastructure - Female (Actual): 2791986
Short Term Jobs Created (Predicted): 500
Short Term Jobs Created (Actual): 350
Long Term Jobs Created (Predicted): 515
Long Jobs Created (Actual): 500