IFC invests US$10m in Carrières et Chaux du Mali to increase its production

MALI  – The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it will invest nearly €9 million (US$10.68m) in Malian quicklime and agriculture lime producer Carrières et Chaux du Mali (CCM) to help the company increase its production of these products. With the IFC’s support, CCM plans to increase its production capacity of quicklime from 16 500 t/y to 30 000 t/y by 2023, while also developing the capacity to produce 50 000 t/y of agricultural lime. The investment comprises a loan from the…

Read More