This press release announces the International Finance Corporation (IFC), the World Bank affiliate that supports private enterprise ventures in developing countries, making its first investment in Lesotho with thirty-one thousand US dollars equity and two million ninety-nine thousand US dollars loan commitment to Lesotho Quality Aggregate Industries (Pty.) Limited on May 30, 1978.
Details
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Document Date
1978/05/30
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Document Type
Announcement
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Report Number
148923
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2020/05/29
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Disclosure Status
Disclosed
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Doc Name
Announcement of IFC Makes First Investment in Lesotho on May 30, 1978
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Keywords
early stage of development; Natural Resources; cash generation; technical sponsor; project costing; marketing plan; domestic supply; industrial sector; crushed stone; private enterprise; domestic industry; press release
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Citation
Announcement of IFC Makes First Investment in Lesotho on May 30, 1978 (English). IFC Press Release,no. 1978-29 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/511151590764573869/Announcement-of-IFC-Makes-First-Investment-in-Lesotho-on-May-30-1978