Results Monitoring Database

African Foundries Limited Expansion, Nigeria [1298]

Facility: EAIF
PIDG Commitment (US$m): 12.50
Co-Financed with another PIDG Facility: No
Recipient of PIDG Funding: African Foundries Limited
Jurisdiction of Recipient: Nigeria
Country: Nigeria
Region: Sub-Saharan Africa
DAC Type: Lower Middle Income Country or Territory
Fragile State Type: Fragile State
Sector: Industrial Infrastructure
Climate Change Mitigation Tier: 1
Climate Change Adaptation: 3
Status: Fin. Closed / Sold / Loan, G'tee, Mandate Signed
Start Year: 2015
Close Year: 2015
Post-Completion Monitoring Form Completed: Yes
Year of Post-Completion Monitoring: 2016
Expected Date of Operation: 03/2016
Actual Date of Operation: 07/2015
Total Investment Commitment (Predicted) (US$m): 34.40
Total Private Sector Investment Commitment (Predicted) (US$m): 4.40
Development Finance Institution Investment Commitment (Predicted) (US$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