On April 22, the World Bank Board of Directors approved a $25 million IFC investment in Brasserie et Limonaderies du Rwanda Ltd. (“Bralirwa”). Bralirwa is the leading beer brewer in Rwanda with more than six beer brands and seven Coca-Cola brands, and is owned for 75% by Heineken N.V., one of the largest brewers in the world.
The IFC’s senior loan is part of a larger
investment of $50 million that supports the company’s capacity expansion program over the next few years.
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