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On September 23, 2025, the International Finance Corporation (IFC) signed a US$24 million loan agreement with MACCEM Industries Limited to fund a new cement grinding plant in Freetown, Sierra Leone. The facility, with an annual capacity of 657,000 tons, will meet 65% of the country’s cement demand, reduce reliance on imports, stabilize prices, and create over 4,000 jobs. The financing includes US$12 million from IFC and US$12 million from the IDA20 IFC-MIGA Blended Finance Facility, incorporatin
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🔨 IFN Construction Update — Masonry Work Underway! We’re excited to share that masonry work has officially started on the first floor at the Islamic Foundation North project site! 🧱 This important step allows us to begin installing the steel beams and columns that will support the next phase of construction. Alhamdulillah, steady progress continues. A huge thank you to our dedicated team and hardworking subcontractors for their professionalism, skill, and commitment. Your teamwork is what keep
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