Project Category
Project Category
Agro food & Marine Industries
Project Description
Project Description
Founded in 1994, Anouar Invest SA (Anouar or the Group) has grown from regional food distributor to one of the largest agribusiness players in the Kingdom of Morocco (Morocco). The Group primarily focuses on processing and distributing staple foods but is also involved in real estate development. The Group`s strategy focuses on consolidating its market positions in agribusiness in Morocco, preparing for future domestic market growth and gradually expanding to the high potential markets of West Africa. In support of this strategy, the Project includes investments to: (i) upgrade and expand the Group`s agribusiness production capacity in Morocco; (ii) upgrade and expand the Group`s logistics capacity in Morocco; (iii) acquire and turn-around a primary processing operation in the Republic of Guinea; and (iii) support the associated working capital needs of the Group`s agribusiness operations over the next 2 years. The Project also includes the refinancing of a portion of Anouar`s existing debt to streamline its capital structure and optimize security allocation.
Country
Country
Morocco
Our Reference Number
Our Reference Number
2005318150409
 
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