SL Flour Mill

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The proposed investment is an up to US$12 million loan to Sierra Leone Flour Mill Limited (“SLFM” or the “Company”) guaranteed by BSB International Limited (“BSB” or the “Guarantor”, together with SLFM referred to as the “Group”) to support SLFM’s US$19.2 million project for the expansion of its (i) milling capacity from 150 metric tons (MT) of wheat per day to 450 MT and (ii)  storage capacity from 8,400 MT to 28,400 MT at its factory located in Cline Town, Freetown, Sierra Leone (the “Project”). The Project may be supported by the Canada-IFC Facility for Resilient Food Systems (Canada FRFS”), subject to obtaining the necessary internal approvals, as described in the Blended Finance section.