Nigeria - BUA Cement PLC

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Project News Details

Title:

Nigeria - BUA Cement PLC

Detail:

The project involves a senior loan of up to USD 100 million to BUA Cement Plc to support the expansion of an existing cement production facility in Kalaimbaina, Sokoto State, Northern Nigeria from 2 million tons per annum to 8 million tons per annum and the installment of 120 MW natural gas power plants to replace older liquid fuel power plants. The project contributes to climate finance, with 4 million USD of the total approved amount dedicated to mitigation.

Country:

Nigeria

Source:

African Development Bank Group

Published Date:

15.12.2022

URL:

View Original URL

Regions:

Africa Sub-Saharan Africa Western Africa

Sectors:

Cement and Asbestos Products Construction Construction Materials

Project News Details

Title	Nigeria - BUA Cement PLC
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Detail	The project involves a senior loan of up to USD 100 million to BUA Cement Plc to support the expansion of an existing cement production facility in Kalaimbaina, Sokoto State, Northern Nigeria from 2 million tons per annum to 8 million tons per annum and the installment of 120 MW natural gas power plants to replace older liquid fuel power plants. The project contributes to climate finance, with 4 million USD of the total approved amount dedicated to mitigation.
Country	Nigeria
Source	African Development Bank Group
Regions	Africa Sub-Saharan Africa Western Africa
Sectors	Cement and Asbestos Products Construction Construction Materials
Published Date	15.12.2022
Original Url	Original Url
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Title
Nigeria - BUA Cement PLC
Detail
The project involves a senior loan of up to USD 100 million to BUA Cement Plc to support the expansion of an existing cement production facility in Kalaimbaina, Sokoto State, Northern Nigeria from 2 million tons per annum to 8 million tons per annum and the installment of 120 MW natural gas power plants to replace older liquid fuel power plants. The project contributes to climate finance, with 4 million USD of the total approved amount dedicated to mitigation.
Country
Nigeria
Source
African Development Bank Group
Regions
Africa Sub-Saharan Africa Western Africa
Sectors
Cement and Asbestos Products Construction Construction Materials
Published Date
15.12.2022
Original Url
View Original Url
Share

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Nigeria - BUA Cement PLC

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Nigeria - BUA Cement PLC

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