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Bakhresa

Sector: Commercial • Location: Mozambique

Source: International Finance Corporation (IFC)

Project
Pending

The Bakhresa Group, established in 1983, operates milling businesses in Kenya, Tanzania and Uganda. In December 2003, the Group was awarded the state-owned mill, GRAMIL, in Malawi through a competitive bid—Bakhresa Grain Milling (Malawi) or BGM Malawi. To streamline and improve its Malawian operation, Bakhresa is considering building silos for the storage of wheat at the Nacala port, Mozambique—

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The project “Bakhresa” is an infrastructure initiative in the Commercial sector, located in Mozambique. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Status

Original status

pending

Taiyo status

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Email

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Description

Description

The Bakhresa Group, established in 1983, operates milling businesses in Kenya, Tanzania and Uganda. In December 2003, the Group was awarded the state-owned mill, GRAMIL, in Malawi through a competitive bid—Bakhresa Grain Milling (Malawi) or BGM Malawi. To streamline and improve its Malawian operation, Bakhresa is considering building silos for the storage of wheat at the Nacala port, Mozambique—Bahkresa Grain Milling (Mozambique) or BGM Mozambique.In addition to this investment in Nacala, Mozambique, Bakhresa Group has indicated further interest with additional financing options both for Malawi and Tanzania (Said Salim Bakhresa & Company Ltd.) at a later stage.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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