Ciments de l’Afrique (CIMAF) will install a calcined clay processing line in Burkina Faso, West Africa.
The project on the site of the existing Bobo Dioulasso grinding plant is funded by the IFC (The International Finance Corporation).
A partnership announced between IFC (The International Finance Corporation) and four subsidiaries of Omnium des Industries et de la Promotion (OIP), a leading African cement producer, will increase the availability of lower-carbon cement in three Sahel countries, Burkina Faso, Chad, and Mali, supporting the region's infrastructure and housing development.
IFC is providing a green loan of up to €45 million, of which €32.4 million will support the construction of a calcined clay production facility for OIP subsidiary CIMAF Bobo Dioulasso in Burkina Faso. €12.6 million of the funding will help finance solar photovoltaic (PV) projects for three CIMAF subsidiaries in the Sahel region. A green loan is a form of financing that provides funds for eligible green projects that contribute to environmental objectives such as climate change mitigation or climate change adaptation.
The calcined clay project in Burkina Faso will reduce the use of clinker (a key raw material for cement), leading to energy and fuel efficiency and a significant reduction in greenhouse gas emissions. CIMAF will use the calcined clay to produce limestone calcined clay cement (LC3), a high-quality, low-carbon, and cost-efficient class of cement. The solar (PV) projects in Burkina Faso, Chad, and Mali will help CIMAF reduce its reliance on fossil fuels for power generation.
