Greencap Logo
  • Home
  • Products & Services
    • Data Mapping
    • Loan Portfolio Mapping
    • Economic Impact
  • News
  • Resources
    • Insights
    • Reporting Framework
  • About Us
  • Contact Us
Menu
  • Home
  • Products & Services
    • Data Mapping
    • Loan Portfolio Mapping
    • Economic Impact
  • News
  • Resources
    • Insights
    • Reporting Framework
  • About Us
  • Contact Us

World Bank’s IFC to invest in Senegal’s cement manufacturer

  • March 1, 2023

To give a boost to low-carbon production, the World Bank’s investment arm, the International Finance Corporation (IFC), has said that it would invest $256 million in Senegal’s largest integrated cement manufacturer, Sococim Industries.

For Sococim, this investment will:

  • Support its long-term financing needs
  • Will help replace a part of the company’s current clinker lines with a new fuel-efficient one

To read more, visit here.

PrevPreviousEV leasing company Tusker acquired by Lloyds Bank
NextNissan raises global electric vehicles sales goalsNext

Latest News

UK to invest heavily in clean energy infrastructure

Tidal Power Project could power 1 million homes in U.K.

China looks to curb carbon emissions as the economy rebounds

Climate Start-Ups feel the heat from the SVB collapse

Carbon-free sources supplied 40% of US energy output in 2022

The $52.6 billion plan to save NYC area from coastal storms

Insights

Mission Zero: A report that can help banks chart their way to financing a green future

Emergent best practices in climate change risk management – Bringing banks to the fore

2022 – A year of change in climate change risk – A banking view

COP27 – What must financial firms take away?

COP27 has a challenging agenda that banks must follow carefully

Constructing a feasible approach to estimating climate-related credit risk

A Division of
GreenPoint Financial Logo
Address
41 Purdy Avenue
PO Box 1003
Rye, NY 10580
  • [email protected]
  • Follow us on LinkedIn
Site Links
  • News
  • Privacy Policy
  • Cookie Policy​
© 2023 All Rights Reserved.

Cookies

By continuing to browse or by clicking 'Accept', you agree to the storing of cookies on your device to enhance your site experience and for analytical purposes. To learn more about how we use the cookies, please see our Cookie Policy.