Burkina Faso and Cabo Verde - Investment in Coris Holding for the Coris Holding BCA Senior Loan Project - Absence-of-Objection Approval Basis (April 10, 2026)

Jul 19, 2026

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Approval on an absence-of-objection basis was issued for an IFC investment covering Burkina Faso and Cabo Verde, specifically for Coris Holding under the Coris Holding BCA Senior Loan Project. The Board approved a senior loan of up to US$100 million, including an A Loan up to US$80 million and a B1 Loan up to US$20 million for B1 participants. The loan is supported by a client risk management swap designed to convert the USD exposure into euros, targeting an expected positive exposure of up to US$5 million.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval summary

Approved investment scope

Loan structure and amounts

Risk management swap

FAQs

What investment was approved on the absence-of-objection basis?

An IFC investment for Burkina Faso and Cabo Verde covering Coris Holding under the Coris Holding BCA Senior Loan Project.

What are the main components and sizes of the approved senior loan?

The project includes a senior loan up to US$100 million, comprising an A Loan up to US$80 million and a B1 Loan up to US$20 million for B1 participants.

How will the USD loan be converted and what exposure is expected?

A client risk management swap supports converting the USD loan into euros, with an expected positive exposure of up to US$5 million.

Jul 19, 2026

Upload by Hazel