IFC invests in two trade finance facilities to support imports of crucial energy products

WEST AFRICA – IFC has invested in two trade finance facilities arranged by Société Générale for Addax Energy S.A to support imports of crucial energy products into several West African countries. IFC’s US$20 million investment in a US$230 million facility will help Addax finance imports of refined petroleum products into Benin, Côte d’Ivoire, Senegal, and Sierra Leone and distribute the…

Read More