Continental Blue Investment (CBI) Ltd.
Region
Commitment (MNOK)
Status
CBI is a Ghana-based cement manufacturer that is wholly owned by F-SCOTT, a Swiss company with business interests in building materials, industrial development, and logistics globally. The Company operates a 550,000 tons p.a. facility in the Tema Free Zones enclave, with its products sold under the brand name Supacem for commercial, industrial and residential construction projects and complex infrastructure. CBI is a Top 5 player in the cement market and directly employs over 120 people.
CBI plans to increase its footprint in underserved markets in Ghana by expanding its cement production capacity from 555,000 tons to 1.4 metric tons per annum and building a 405,000 tons per annum clay calcination unit to use as a substitute for imported clinker, thereby significantly avoiding CO2 emissions and increasing local sourcing. The project is expected to have total avoided emissions of 185,738 tCO2e/year. CBI will be the first company in Ghana to introduce this calcined clay technology. The technology being used by CBI is such that none of the attributes of its market-leading cement product will be compromised, whilst still providing these benefits.
Key information
- Sector:
- Scalable enterprises
- Commitment (MNOK):
- 70.3
- Year:
- 2022
- Region:
- Africa
- Country:
- Ghana
- Domicile:
- Ghana
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development
Additionality CBI
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the most capital constrained markets
- Investing in the riskiest markets
- Investing in sectors with high development needs
- Investing in high risk instruments
- Taking an active role in investments
- Improving social and environmental performance
