LOME CONTAINER TERMINAL SA
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Lomé Container Terminal, a newly constructed port in Lomé, Togo. FMO financed EUR 25 mln (2011), this is a new round in 2015 of EUR 10 mln.
What is our funding objective?
A consortium of DFIs, including FMO, financed the construction of the port and this phase of the project will be completed in 2015. FMO and two other DFIs have now provided a follow up loan package to finance additional cranes to enable the port to handle a larger volume of containers.
Why do we fund this investment?
Being a logistical hub, the port has an important economic role for Togo and the countries surrounding it. It stimulates regional transport while, being a state of the art port in West-Africa, it also functions as a role model for other port operators in the region.
- Region
- Africa
- Country
- Togo
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 8/11/2015
- Total FMO financing
- EUR 10.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A