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IDA Private Sector Window Projects

IDA19 Private Sector Window delivery to September 30, 2021

Aggregate commitments: USD672 million

Aggregate commitments relating to FCV/FCS: USD412 million

Estimated direct and indirect mobilization from PSW commitments: USD3.5 billion

 

 

 

 

 

Through their Access to Information Policies, IFC and MIGA seek to provide accurate and timely information to their clients, partners, and stakeholders. For each proposed project, IFC and MIGA disclose relevant project information, environmental and social implications, and expected development impact. The list below contains links to disclosure documents for IFC and MIGA projects that are receiving support from the IDA Private Sector Window. For IFC-supported investments supported by the Private Sector Window and other blended concessional finance facilities, effective October 1, 2019, IFC is including in its public disclosure documents the level of concessionality provided as a percentage of the total project cost.

 

Project Country/Region PSW Support Project Cost PSW Facility Board
Approval Date
Disclosure/Press Release

Infinity Medical

Ethiopia

USD3 million

USD3 million

Local Currency Facility (LCF Open FX Hedge)

September 20, 2021

IFC Disclosure

Robust Nigeria

Nigeria

USD9 million

USD25.7 million

Blended Finance Facility

August 24, 2021

IFC Disclosure

BRAC Bank

Bangladesh

USD50 million

USD50 million

Local Currency Facility (LCF Open FX Hedge)

July 12, 2021

IFC Disclosure

YoKuku Mezz

Uganda

USD2 million

USD12 million

Blended Finance Facility

July 8, 2021

IFC Disclosure

Base of Pyramid Program – Equity BCDC***

Democratic Republic of Congo

Up to USD50 million

Up to USD50 million

Local Currency Facility (LCF Open FX Hedge) and Blended Finance Facility through its inclusion in the IDA Base of the Pyramid Program.

June 30, 2021

IFC Disclosure

Base of Pyramid Program - LAPO***

Nigeria

Up to USD8 million

Up to USD8 million

Local Currency Facility and Blended Finance Facility through its inclusion in the IDA Base of the Pyramid Program.

June 22, 2021

IFC Disclosure

Daystar Power

Nigeria

Up to USD10 million

USD40 million

Local Currency Facility (LCF Open FX Hedge)

June 28, 2021

IFC Disclosure

BBI WCS - BMCE Bank International

Africa Region

Up to USD25 million

USD50 million

Blended Finance Facility (Senior Loan)

June 28, 2021

IFC Disclosure

Lagos City Infra

Nigeria

Up to USD50 million

Up to USD50 million equivalent in Nigerian Naira

Local Currency Facility (LCF Open FX Hedge)

June 25, 2021

IFC Disclosure

Base of Pyramid Program - ACLEDA Bank Lao***

Lao People’s Democratic Republic

Up to USD10 million

Up to USD10 million

Local Currency Facility (LCF Open FX Hedge) and Blended Finance Facility through its inclusion in the IDA Base of the Pyramid Program.

June 23, 2021

IFC Disclosure

Base of Pyramid Program – HTB***

Cambodia

 

Up to USD10 million

Blended Finance Facility through its inclusion in the IDA Base of the Pyramid Program.

June 14, 2021

IFC Disclosure

Turaco

Ethiopia

USD15.1 million

USD34.3 million

MIGA Guarantee Facility – First Loss Layer

June 13, 2021

MIGA Disclosure

Hamza Textiles

Bangladesh

Up to USD11.35 million

Up to USD22.7 million

Blended Finance Facility (Subordinated Loan)

May 28, 2021

IFC Disclosure

Onomo Hotels

Cameroon, Côte d’Ivoire, Djibouti, Mali and Senegal

EUR 15.2 million

EUR 70.2 million

Blended Finance Facility (Subordinated Loan)

May 27, 2021

IFC Disclosure

Indorama Eleme Petrochemicals Limited - Efficiency

Nigeria

USD 9 million

US 80 million

Blended Finance Facility

May 21, 2021

IFC Disclosure

BBI IDA RSF - BMCE Bank International Plc

Africa Region

Up to USD11.25 million

Up to USD150 million

Bended Finance Facility (First Loss Guarantee)

Apr 28, 2021

IFC Disclosure

Covid-19 Working Capital Solution Loans – BRAC Bank Limited **

Bangladesh  

Up to USD 30 million

Blended Finance Facility

April 6, 2021

Press Release

EthioChicken ETB

Ethiopia

USD10 million

USD16.2 million

Local Currency Facility

March 29, 2021

IFC Disclosure

Tulu Moye Geothermal Operations Plc

Ethiopia

Up to USD18.9 million

Up to USD254 million

MIGA Guarantee Facility – First Loss Layer

February 18, 2021 MIGA Disclosure
Base of the Pyramid Program

World Region

Up to USD80 million

Up to USD400 million

Blended Finance Facility

February 4, 2021

Press Release

The Summary of Investment Information (SII) will be available for individual projects under the program.

Central Termica De Temane

Mozambique

Up to USD 140.1 million

USD 619 million

MIGA Guarantee Facility - reinsurance and first loss layer and Blended Finance Facility – senior loan and subordinated loan

January 28, 2021

IFC Disclosure

MIGA Disclosure

HSA Foods Yemen

Yemen

Up to USD 37.5 million

Up to USD 70 million

Blended Finance Facility

December 10, 2020

IFC Disclosure

Press Release

Brief

Escotel Africa Sierra Leone and Liberia Up to USD 7.4 million USD 29.2 million

MIGA Guarantee Facility

November 20, 2020

MIGA Disclosure

Press Release

Covid-19 Working Capital Solution Loans – GT Bank ** Liberia   Up to USD 5 million Blended Finance Facility November 9, 2020  
Africa Medical Equipment Facility Sub-Project (1) – NSIA Banque Côte d’Ivoire   Up to USD 12 million Blended Finance Facility November 6, 2020

IFC Disclosure

Press Release

Africa Medical Equipment Facility Cote d’Ivoire, Cameroon, Senegal, Tanzania, Uganda, Rwanda Up to USD 18 million USD 200 million Blended Finance Facility November 6, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans – UBA Nigeria ** Nigeria, Senegal, Cameroon, Burkina Faso and Liberia   Up to USD 170 million Blended Finance Facility October 26, 2020  

Yoma Micro Power

Myanmar

Up to USD 30 million

USD 157 million

Blended Finance Facility

October 6, 2020

IFC Disclosure
Covid-19 Working Capital Solution Loans – Union Bank ** Nigeria   Up to USD 30 million Blended Finance Facility September 28, 2020 IFC Disclosure

SME Ventures Platform (IPSVE) Sub-project (4) – Cardinal Stone

Nigeria 

Up to USD 7.5 million     

USD 100 million

Blended Finance Facility (allocation from IDA PSW SME Ventures Envelope)        

September 9, 2020

IFC Disclosure

Press Release

 

The Currency Exchange Fund (TCX) World Region Up to USD 40 million Up to USD 50 million Blended Finance Facility August 27, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans - The City Bank ** Bangladesh   USD 40 million Blended Finance Facility June 29, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans - Prime Bank **

Bangladesh

 

USD 35 million

Blended Finance Facility

June 29, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans – Bank Asia ** Bangladesh   USD 25 million Blended Finance Facility June 29, 2020 IFC Disclosure
Covid-19 Working Capital Solution Loans - First City Monument Bank Limited ** Nigeria   USD 50 million Blended Finance Facility June 29, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans - Access Bank PLC ** Nigeria   USD 50 million Blended Finance Facility June 29, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans - NSIA Banque ** Cote d’Ivoire   USD 27.5 million Blended Finance Facility June 29, 2020

IFC Disclosure

Press Release

Covid-19 Working Capital Solution Loans - I&M Bank ** Rwanda   USD 10 million Blended Finance Facility June 29, 2020

IFC Disclosure

Press Release

CIEL Healthcare Limite Uganda Up to USD 4 million Up to USD 6.5 million Local Currency Facility June 29, 2020

IFC Disclosure

Press Release

BBOXX Capital

Rwanda and Democratic Republic of the Congo

Up to USD 12.8 million

Up to USD 37.5 million

MIGA Guarantee Facility

June 29, 2020

MIGA Disclosure

Press Release

Covid-19 Working Capital Solution Loans - Hattha Kaksekar Limited (HKL) ** Cambodia   USD 25 million Blended Finance Facility June 26, 2020 IFC Disclosure
Covid-19 Working Capital Solution Loans - Amret PLC ** Cambodia   USD 25 million Blended Finance Facility June 26, 2020 IFC Disclosure

Cerba Lancet Africa

Africa Region

Up to USD 11.5 million

Up to EUR 20 million

Blended Finance Facility

June 22, 2020

IFC Disclosure

Press Release

Engee PET Manufacturing Limited

Nigeria

Up to USD 10 million

Up to USD 39 million

Blended Finance Facility

June 19, 2020

IFC Disclosure

Press Release

Carriere Et Chaux Du Mali

Mali

Up to USD 12.5 million

Up to EUR 8.92 million equivalent in West African CFA franc

Blended Finance Facility and Local Currency Facility

June 18, 2020

IFC Disclosure

Press Release

Brief

Covid-19 Working Capital Solution Loans World Region Up to USD 215 million Up to USD 865 million Blended Finance Facility June 16, 2020

IFC Disclosure

Press Release

Startup Catalyst Expansion program

World Region

USD 6 million

USD 60 million

Blended Finance Facility

June 1, 2020

The Summary of Investment Information (SII) will be available for individual projects under the program.

Senegal Societe de Transformation des Legumes Senegal

EURO 3.5 million

EURO 18.95 million Blended Finance Facility May 29, 2020

IFC Disclosure

Press Release

Kaebauk Investimentu No Finansas (KIF) Timor-Leste USD 2.5 million USD 5 million Blended Finance Facility May 27, 2020

IFC Disclosure

Press Release

Brief

Kyrgyz Investment and Credit Bank (KICB) Kyrgyz Republic Up to USD 10 million USD10 million Local Currency Facility (LCF Open FX Hedge) May 5, 2020 IFC Disclosure
Pakistan Mortgage Refinance Company Limited (PMRCL) Pakistan Up to USD 1.6 million Up to PKR 500 million (approx. USD 3.2 million) Blended Finance Facility (Equity) April 28, 2020

IFC Disclosure

Press Release

 

Global Trade Finance Program (GTFP) COVID-19 crisis response All PSW eligible countries Up to USD 250 million USD 2 billion Blended Finance Facility (first loss guarantee) April 24, 2020 IFC Disclosure
Real Sector Crises Response Envelope (RSE) All PSW eligible countries Up to USD 80 million USD 2 billion Blended Finance Facility (first loss guarantee) April 24, 2020 Summary of Investment Information (SII) will be published by IFC post-commitment at the individual transaction level.
ACEP Senegal and Burkina Faso Senegal and Burkina Faso Up to USD 14 million equivalent in XOF USD14 million equivalent in XOF Local Currency Facility April 8, 2020 IFC Disclosure 1, 2
Small Loan Guarantee Program (SLGP) Sub Project (8) – RSF Yoma Bank * Myanmar   USD 30 million Blended Finance Facility (BFF First Loss Guarantee) April 1, 2020 IFC Disclosure
Korea Myanmar Industrial Complex Myanmar/East Asia Pacific Up to USD 12.9 million USD 33 million MIGA Guarantee Facility (MGF) (First Loss guarantee) March 20, 2020

MIGA disclosure

Press Release

 

Kenya Mortgage Refinance Company Limited Kenya/Africa Up to USD 1 million USD 2 million Blended Finance Facility (Subordinated Equity) February 11, 2020 IFC disclosure
SME Ventures Platform (IPSVE) Sub-project (3)  - African Rivers III Africa Up to USD 7.5 million USD 75 million Blended Finance Facility (allocation from IDA PSW SME Ventures Envelope) January 28, 2020 IFC disclosure
NSIA Banque Côte d’Ivoire Côte d’Ivoire /Africa Up to USD 17.5 million equivalent in XOF Up to USD 30 million equivalent in XOF Local Currency Facility (Open FX swap) January 13, 2020

IFC disclosure

Press Release

Kinyinya Rwanda/Africa Up to USD 13.75 million USD 85.4 million Blended Finance Facility (Subordinated Loan and Quasi-Equity Investment) December 17, 2019 IFC disclosure
Ghoubet Windfarm Djibouti/Africa Up to USD 48.4 million USD 121.7 million MIGA Guarantee Facility (First Loss Guarantee) November 8, 2019

MIGA disclosure

Press Release

Brief

Tina River Hydropower Development Project (TRHDP)

Solomon Islands/East Asia Up to USD 5.08 million USD 210 million MIGA Guarantee Facility (First Loss guarantee) October 21, 2019

MIGA disclosure

Press Release

Mazar-e-Sharif Gas-to-Power Project Afghanistan/South Asia Up to USD 59 million USD 96.6 million MIGA Guarantee Facility (First Loss guarantee and Reinsurance); Risk Mitigation Facility (Political risk insurance) October 10, 2019

IFC disclosure

Press Release

MIGA disclosure

Small Loan Guarantee Program (SLGP) Sub Project (7) - Union Bank * Nigeria/Africa   USD 50 million BFF First Loss Guarantee September 30, 2019

IFC Disclosure

IFC Press Release

Brief

Humo SL LCY Tajikistan/ ECA Up to USD 2.0 million USD 2.0 million Local Currency Facility (LCF Open FX Hedge) August 27, 2019

IFC disclosure

Press Release

ARVAND SL LCY Tajikistan/ ECA Up to USD 2.5 million USD 2.5 million Local Currency Facility (LCF Open FX Hedge) August 27, 2019 IFC disclosure
Nirdhan Utthan Bank Limited (Nirdhan) Nepal/ South Asia Up to USD 10 million USD 10 million

Local Currency Facility (LCF Open FX Hedge)

July 31, 2019 IFC disclosure
RMDC Laghubitta Bittiya Sanstha Limited (RMDC) Nepal/ South Asia Up to USD 10 million USD10 million

Local Currency Facility (LCF Open FX Hedge)

July 31, 2019 IFC disclosure

Westfalia Moz II

Mozambique /Africa

Up to BFF USD 1.85 million USD 7.5 million

Blended Finance Facility (Subordinated Concessional Loan)

June 28, 2019

IFC disclosure
Baobab MicroCred LCY multi-country facility

Burkina Faso, Côte d’Ivoire, Democratic Republic of Congo, Madagascar, Nigeria, and Senegal/Africa

Up to USD 20.45 million (USD 19.8 million LCF; USD 0.65 million BFF) USD 21.1 million

Local Currency Facility (LCF Open FX Hedge)

Blended Finance Facility (Subordinated Concessional Loan)

June 27, 2019 IFC disclosure
SME Ventures Platform (IPSVE) Sub-project (2)  - Zoscales I Ethiopia/Africa Up to USD 5 million Up to USD 75 million Blended Finance Facility (allocation from IDA PSW SME Ventures Envelope) June 27, 2019 IFC disclosure
SME Ventures Platform (IPSVE) Sub-project (1) -  Cepheus Fund Ethiopia/Africa Up to USD 7.5 million  
 
Up to USD 100 million Blended Finance Facility (allocation from IDA PSW SME Ventures Envelope) June 27, 2019 IFC disclosure
Small Loan Guarantee Program (SLGP) Sub-Project (6) -NSIA Banque Cote d’Ivoire * Cote d'Ivoire/Africa   EU 20 million Blended Finance Facility (BFF First Loss Guarantee) June 25, 2019

IFC disclosure

Brief

Tanzania Mortgage Refinancing Company (TMRC) Tanzania/Africa Up to LCF USD 2.2 million; BFF USD 0.75 million USD 10 million

Local Currency Facility (LCF Open FX Hedge)

Blended Finance Facility (BFF Equity)

June 20, 2019

IFC disclosure

Press Release

Feature Story

3B Hotels Rwanda/Africa Up to USD 1.7 million USD 13.6 million Blended Finance Facility (Subordinated Loan) June 19, 2019 IFC Disclosure
Caribbean Bottling Company (CBC)  Haiti Haiti/Latin America and the Caribbean Up to USD 2.5 million USD 15.2 million Blended Finance Facility (Subordinated Loan) June 19, 2019

IFC Disclosure

Press Release

Third Hyalroute FOC Network Project Myanmar/East Asia Pacific Up to USD 18.6 million USD 125 million MIGA Guarantee facility (First Loss Guarantee) June 19, 2019 MIGA Disclosure
Small Loan Guarantee Program (SLGP) Sub-Project (5) - Phnom Penh Commercial Bank * Cambodia/East Asia Pacific   USD 30 million Blended Finance Facility (BFF First Loss Guarantee) June 6, 2019

IFC disclosure

Press Release

Small Loan Guarantee Program (SLGP) Sub-Project (4) - Sogesol * Haiti/Latin America and the Caribbean   USD 10 million Blended Finance Facility (BFF First Loss Guarantee)          May 29, 2019

IFC disclosure

Press Release

Press Release #2

JCM Salima Solar Leasing Malawi/Africa Up to USD 23.6 million USD 102 million MGF First loss guarantee May 17, 2019

MIGA disclosure

Brief

Dole/Sierra Tropical Limited Sierra Leone/Africa Up to USD 10.1 million USD 40 million MGF First loss guarantee April 23, 2019

MIGA disclosure

Press Release

Brief

Upper Trishuli-1 Hydropower project Nepal/South Asia Up to USD 102.8 million (65 million BFF; 37.8 million MGF) USD 647 million Blended Finance Facility (Subordinated concessional loan) & MGF First loss guarantee March 21, 2019

IFC disclosure

Press Release

MIGA disclosure

Small Loan Guarantee Program (SLGP) Sub-project (3) - TEB Kosovo * Kosovo/Eastern Europe and Central Asia   EURO 20 million (up to USD 22.7 million equivalent) Blended Finance Facility (BFF First Loss Guarantee) February 8, 2019 IFC Disclosure
Ayiti Leasing Haiti/Latin America and the Caribbean Up to USD 5.5 million USD 11 million Blended Finance Facility (concessional loan) December 5, 2018 IFC disclosure

Small Loan Guarantee Program (SLGP) Sub-project (2) *

West Africa Region/Africa   EURO 80 million Blended Finance Facility (BFF First Loss Guarantee) June 25, 2018

IFC disclosure

Brief

Feature Story

Sonatel Telecom

Sierra Leone/Africa

Up to USD 15.9 million

USD 361 million

 

MGF First Loss guarantee

 

June 21, 2018

 

MIGA disclosure

Press Release

Fiber Optic Communication Network Co. Ltd (Hyalroute)

Myanmar/East Asia Pacific Up to USD 19 million USD 119 million MGF First Loss guarantee June 19, 2018 MIGA disclosure

Cambodia – Hattha Kaksekar Limited (HKL)

Cambodia/East Asia Pacific

Up to USD 20 million USD 30 million

Local Currency Facility
(LCF Open FX hedge)

June 7, 2018

IFC disclosure

Press Release

Brief

Small Loan Guarantee Program (SLGP) Sub-project (1) - Société Ivoirenne de Banque Côte d’Ivoire (SIB) *

Cote d’Ivoire/Africa  Up to USD 18.5 million XOF20 billion (USD38 million) Blended Finance Facility (BFF First Loss Guarantee) June 5, 2018

IFC disclosure

Brief

Anthem Asia – Myanmar SME Venture Fund Myanmar/East Asia Pacific Up to USD 7.5 million

USD 50 million

Blended Finance Facility
(BFF Equity)

May 9, 2018

IFC disclosure

Brief

I&P AFRIQUE ENTREPRENEURS II Africa Up to USD 7.5 million

USD 123 million

Blended Finance Facility
(BFF Equity)
March 8, 2018

IFC disclosure

Brief

Highland Private Equity – Kyrgyz Republic Kyrgyz Republic/Eastern Europe and Central Asia Up to USD 4 million

USD 30 million

Blended Finance Facility
(BFF Equity)
March 8, 2018

IFC disclosure

Press Release

Brief

Caisse Régionale de Refinancement Hypothécaire (CRRH)

West African Economic and Monetary Union (WAEMU)/Africa

Up to XOF 10 billion (USD18 million)

 

XOF 55 billion
 
Local Currency Facility
(LCF open FX hedge)
December 19, 2017

IFC disclosure

Brief

* The IFC Small Loan Guarantee Program (SLGP or the Program) is a platform under which IFC can sign unfunded Risk Sharing Facilities (RSF) denominated in various local currencies in multiple eligible countries with a pooled first loss structure.

Project not active

** The Working Capital Solution PSW COVID-19 Facility (WCS or the Program) is a platform under which IFC can provide working capital loans to financial institutions and banks to onlend to Small and Medium Enterprises (SMEs) in multiple eligible countries with an unfunded pooled first loss structure covered by PSW up to 25 percent of the total program cost.

***The IDA Base of the Pyramid (BOP) Program provides up to USD80 million of pooled first-loss guarantees to support up to USD200 million of senior loans from IFC to financial providers servicing the base of the pyramid segment in IDA PSW-eligible countries.