Lome Container Terminal | Accountability Console
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Lome Container Terminal

Sectors

Infrastructure

Description:

Projects in this Sector: 550

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Issues Raised

Community health and safety

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Projects with this Issue Raised: 336

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Consultation and disclosure

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Projects with this Issue Raised: 495

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Cultural heritage

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Projects with this Issue Raised: 113

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Displacement (physical and/or economic)

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Projects with this Issue Raised: 440

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Due diligence

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Projects with this Issue Raised: 456

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Environmental

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Projects with this Issue Raised: 366

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Property damage

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Projects with this Issue Raised: 154

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Project Information

Investment ID: 43550

Bank: Netherlands Development Finance Company

Environmental Category: A

Country: Togo

Region: Sub-Saharan Africa

Approval Date: Nov. 8, 2015

Investment Types: Loans

Total Project Cost: EUR 35.0 million

Total Complaints: 1

Description

Lomé Container Terminal, a newly constructed port in Lomé, Togo. FMO financed EUR 25 mln (2011), this is a new round in 2015 of EUR 10 mln. A consortium of DFIs, including FMO, financed the construction of the port and this phase of the project will be completed in 2015. FMO and two other DFIs have now provided a follow up loan package to finance additional cranes to enable the port to handle a larger volume of containers. Being a logistical hub, the port has an important economic role for Togo and the countries surrounding it. It stimulates regional transport while, being a state of the art port in West-Africa, it also functions as a role model for other port operators in the region.

Investments

Investment Type ID Amount Status Bank Client
Loans 43550 EUR 10.0 million Planned FMO Lomé Container Terminal S.A.

Related Complaints

German Investment Corporation, Netherlands Development Finance Company ICM Complaints IAM Country Date Filed Status
Lome Container Terminal DEG/FMO/PR ICM Togo 22/08/2018 Monitoring

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Lomé Container Terminal S.A.