Solidiagui

active

The proposed investment is a project finance which consists of an IFC A loan of up to $US 6 million and a Blended Finance (BF) senior loan of up to $US 6 million (the “IFC Loan”) to support the expansion and diversification program of Groupe Solidiagui (the “Company” or “Solidiagui”), one of the leading fruit juice companies in Guinea-Conakry. IFC would finance the (i) expansion of the current juice beverage production capacity by adding a new line of 40,000 cans per hour and (ii) installation of a dairy products line within the existing production hall to produce yoghurt and flavored liquid milk (“the Project”). Under this turnkey expansion, the company intends to produce recombined milk products based on skim powder milk and evaporated milk. Solidiagui has been distributing assorted beverage brands including ‘Sagiko’ juice and ‘Incolac’ milk products since 2009, then started manufacturing its own brand ‘Fruitalos’ and ‘Sagiko’ juice under license upon completion of its factory in 2021.