Results Monitoring Database

African Foundries Limited Expansion, Nigeria [1298]

PIDG Company: EAIF
PIDG Commitment (US$m): 12.50
Co-Financed with other PIDG entity: No
Project Country: Nigeria
Region: Sub-Saharan Africa
DAC Type: Lower Middle Income Country or Territory
Fragile State Type: Fragile State
Sector: Manufacturing
Climate Change Mitigation Tier: 1
Climate Change Adaptation: 3
Status: Loan prepaid / G'tee pre-redeemed
Date of Commitment / Signing: 12/2015
Date of Financial Close: 12/2015
Post-Completion Monitoring completed: Yes
PCM Year: 2016
Date of Operation expected: 03/2016
Date of Operation actual: 07/2015
Total Investment Commitment - Predicted (US$m): 34.40
Total Private Sector Investment Commitment - Predicted (US$m): 4.40
Development Finance Investment Commitment - Predicted (US$m): 30.00
Total Investment Commitment (Actual) (US$m): 35.00
Total Private Sector Investment (Actual) (US$m): 5.00
Development Finance Institution Investment (Actual) (US$m): 30.00
Short Term Jobs Created - Predicted: 100
Short Term Jobs Created (Actual): 100
Long Term Jobs Created - Predicted: 60
Long Jobs Created (Actual): 60