News
27 February 2023

IFC and Sococim partner to boost low-carbon cement production in Senegal

In:
Manufacturing & equipment
Region:
Middle East & Africa

IFC is partnering with Sococim Industries, Senegal's largest integrated cement manufacturer, to support the decarbonization of the country's industrial sector. IFC arranged a €242 million financing package for Sococim, a subsidiary of French cement maker Vicat. The package...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...