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Bidco Bev & Det
Sectors
Issues Raised
Project Information
Investment ID: 33385
Bank: International Finance Corporation and Multilateral Investment Guarantee Agency
Environmental Category: B
Region: Sub-Saharan Africa
Approval Date: None
Investment Types: Loans
Total Project Cost: No recorded data on this
Total Complaints: 3
Description
IFC has an active project with Bidco Africa, a Kenyan private limited liability company that is one of East Africas leading manufacturers and distributors of fast moving consumer goods. IFCs loan of up to US $36.5 million will support the US $46 million expansion of Bidco Africa. Specifically, the proceeds of the loan will be used for the construction and operation of new facilities to expand Bidcos production capacity in Kenya.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Loans | 33385 | USD 150.0 million | Planned | IFC/MIGA |
Related Complaints
| International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Bidco-04/Thika | IFC CAO | Kenya | 23/05/2017 | Monitoring |
| Bidco Bev. & Det.-01/Thika | IFC CAO | Kenya | 10/06/2016 | Monitoring |
| Bidco Bev. & Det.-03/ Kalangala | IFC CAO | Uganda | 13/01/2017 | Closed With Outputs |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| Bidco Africa Limited |