A & C Mixed Use

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A&C Development Company Limited (“A&C Development” or the “Company”) is a privately held real estate development company based in Accra, Ghana. The A&C Square was conceived as a one-stop mall concept consisting of a shopping mall, a fuel station, fitness centre/office block building, a pool area, two multi-purpose business plazas and a children’s play ground. The first phase of the project comprising the shopping mall and an adjacent fuel station was built over 4 years (commissioned in 2006). The second phase, or the expansion, which started in 2007 included fitness center/office block, pool block, children’s playground area and Business Plaza I (an office block) all of which were completed by May 2010. The proposed IFC loan will be used to fast track the completion of the third phase or expansion program of the A&C Mixed Use Complex (“A&C Square”) comprising the construction of an additional office blocks (Business Plaza II) and the refurbishment of the existing retail area (“A&C Mixed Use” or the “Project”).