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Societe Industrielle Agroalimentaire S.A.("SIAGRO")

Sector: Water Supply and Storage • Location: Senegal

Source: International Finance Corporation (IFC)

Project
Active

The proposed investment is up to €5 million C loan to support the expansion of SIAGRO S.A. (the "Company" or "Kirene") a leading beverage company in Senegal. Kirene''s investment plans include i) increasing production capacity of bottled water; ii) transform production lines to accommodate the production of milk and juice ; and iii) expanding warehousing capacity in Senegal ("the Project").Kirene

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Project Information

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The project “Societe Industrielle Agroalimentaire S.A.("SIAGRO")” is an infrastructure initiative in the Water Supply and Storage sector, located in Senegal. 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

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active

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Description

Description

The proposed investment is up to €5 million C loan to support the expansion of SIAGRO S.A. (the "Company" or "Kirene") a leading beverage company in Senegal. Kirene''s investment plans include i) increasing production capacity of bottled water; ii) transform production lines to accommodate the production of milk and juice ; and iii) expanding warehousing capacity in Senegal ("the Project").Kirene, founded in 2001, produces mineral water, fruit juice (from concentrate) and UHT milk (based on blend of imported powder milk 70-80% and 20-30% raw milk) under licensing from Candia of France. Kirene’s plant is located in a rural setting 45 km from Dakar.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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