Sonoco Ltd. has secured a US$23 million senior loan from Proparco, the private-sector financing arm of the French Development Agency (AFD), to support the construction and working capital requirements for the development of Sierra Leone’s first industrial-scale wheat flour mill and silo storage complex in Freetown, Sierra Leone.
The financing will cover the development of a 600-tonnes-per-day flour mill, designed to produce up to 140,000 tonnes of flour annually.