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CapexCue · Public evidence · Printed 11 Nov 2026
Explore projects / Project dossier

CBI Ghana Tema LC3 cement expansion (IFC project 50039; company: Continental Blue Investment Ghana Limited).

Ghana · Industrial processes

In-depth research Release 1

Project scope

The SII describes a limestone calcined-clay production plant with stated capacity of 400,000 tonnes per year to support LC3 cement production. Separately, it says CBI recently completed a cement grinding-capacity expansion from 0.6 million to 1.4 million tonnes per year; the SII does not give the completion date. These are distinct capacity figures, and neither establishes actual production.

Reported status and procurement

Reported development
Not established
Procurement availability
Unknown / not established

Reported financing

The IFC record displays Status: Hold, with Last Updated Date May 6, 2026, and lists “Approved: Nov 24, 2025” under Previous Events. These are financing-record entries, not statements of physical plant status or equipment procurement.

A source report alone does not establish current progress or an open buying window.

Project summary

IFC’s Summary of Investment Information identifies Continental Blue Investment Ghana Limited’s LC3 cement project in Ghana. It locates the plant in Tema, Accra; the calcined-clay deposit rights it mentions in Togorme, North Tongu District, Volta Region are a separate location. The SII describes a limestone calcined-clay plant with stated capacity of 400,000 tonnes per year. It separately reports a recently completed grinding-capacity expansion from 0.6 to 1.4 million tonnes per year, but does not date its completion; neither figure establishes actual production. For asset classification, the IFC sector field says Cement and the description concerns LC3 production: cement_plant, in the industrial_process category.

Financing figures are not procurement evidence: the SII describes a proposed IFC A-loan of up to US$20 million and a total project cost of US$66.7 million; it also displays a US$20.0 million loan under “IFC's Investment as Approved by the Board” and labels investment figures indicative. The record shows Status: Hold and an earlier “Approved: Nov 24, 2025” entry; these are financing-record entries, not physical-plant status. IFC lists Aug 27, 2025 as the SPI disclosure date, Sep 30, 2025 as the projected Board date, and May 6, 2026 as the last-updated date; its disclaimer says Board dates are estimates and it has not necessarily independently verified all project information. IFC’s disclosure states that authorization for public release had been given for project documentation or data included or attached.

Reading scope: The SII points to related ESRS and ESAP material; their contents are not summarized here.

Evidence limits and unknowns

The IFC SII does not establish the plant’s current operating status, utilization, or actual output.

The SII does not establish a specific equipment package, tender, or open buying window.

The SII says the grinding-capacity expansion was “recently completed” but does not provide its completion date.

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Project metadata

Country
Ghana
Based on reviewed release evidence
Region
Sub Saharan Africa
Category
Industrial processes
Derived from released evidence
Physical assets
Cement Plant

Based on this release's supporting evidence. Unresolved fields remain unclassified; these labels do not establish current progress or a buying window.

Released facts and supporting evidence

Each fact retains its source, uncertainty and time context. If a publisher page moves or is unavailable, use the recorded quotation and observation date below.

Date

Source reported

The SII lists Date SPI Disclosed as Aug 27, 2025; Projected Board Date as Sep 30, 2025 (the disclaimer says Board dates are estimates only); Previous Events as Approved: Nov 24, 2025; and Last Updated Date as May 6, 2026. The physical-project description says the grinding-capacity expansion was “recently completed” but does not date its completion. The SII disclaimer says IFC has not necessarily independently verified all project information.

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · The SII lists Date SPI Disclosed as Aug …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[1]/div/div[3]/strong/text-position:882
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
e2e7acca-bafd-414e-be74-0c9f7efbff56
Evidence reference
9c1746d4-4da4-4a16-8544-7bca40af7408
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Project name

Source reported

CBI Ghana Tema LC3 cement expansion (IFC project 50039; company: Continental Blue Investment Ghana Limited).

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · CBI Ghana Tema LC3 cement expansion (IFC project …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[1]/div/div[1]/p
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
f66aa6b2-27c0-4932-bf7f-a0b89fa8774e
Evidence reference
122ea36a-ce6f-4e5f-ac49-ee99a4627968
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Scope

Source reported

The SII describes a limestone calcined-clay production plant with stated capacity of 400,000 tonnes per year to support LC3 cement production. Separately, it says CBI recently completed a cement grinding-capacity expansion from 0.6 million to 1.4 million tonnes per year; the SII does not give the completion date. These are distinct capacity figures, and neither establishes actual production.

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · The SII describes a limestone calcined-clay production plant …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[2]/div/div/div/p
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
dbd8fb87-6eea-4640-9295-d1a13be3a60d
Evidence reference
0a52043b-6a5f-49ac-b898-0f643a841f97
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Country

Source reported

Ghana

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · Ghana
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[1]/div/div[4]/strong/text-position:888
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
4bec8dc4-6974-40ea-bc77-6f2aa0884e96
Evidence reference
5b92291b-2fdd-416e-8a46-a314207a5f73
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Location

Source reported

The LC3 project plant is located in Tema, Accra. Separately, the SII says CBI owns rights to calcined-clay deposits in Togorme, North Tongu District, Volta Region, Ghana; this is a separate deposit location, not the stated Tema plant location.

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · The LC3 project plant is located in Tema, …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[4]/div[1]/div[5]/div/div/h3
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
1f28e771-bca6-436b-8cac-6587fe09f5bc
Evidence reference
7dbb3e31-78c9-4738-9356-03805402950e
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Financing stage

Source reported

The IFC record displays Status: Hold, with Last Updated Date May 6, 2026, and lists “Approved: Nov 24, 2025” under Previous Events. These are financing-record entries, not statements of physical plant status or equipment procurement.

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · The IFC record displays Status: Hold, with Last …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[1]/div/div[8]/strong/text-position:912
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
2cc7ff79-a2ce-4d16-9cd8-f08c22cf2e2b
Evidence reference
40751890-f010-4ec0-99e3-65a18c6c2ae6
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3

Financing amount

Source reported

The project description presents a proposed IFC A-loan of up to US$20 million. The SII states total project cost of US$66.7 million, financed with US$38 million debt including the IFC A-loan and US$28.7 million shareholder equity. The section titled “IFC's Investment as Approved by the Board” displays a US$20.0 million loan; the SII labels these investment figures indicative.

Attributed to International Finance Corporation (externally supplied capture).

Source: International Finance Corporation (externally supplied capture) · publication date not recorded · observed 2026-11-04

Sources and evidence · International Finance Corporation (externally supplied capture)
Source published: Not recordedObserved: 2026-11-04

International Finance Corporation (externally supplied capture)
Attributed to International Finance Corporation (externally supplied capture)

Technical record · The project description presents a proposed IFC A-loan …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div/div/div/div[2]/div[2]/div[1]/div[2]/div/div/div/p
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
989133d5-1d7d-447a-bde9-441fb5cd5433
Evidence reference
0a52043b-6a5f-49ac-b898-0f643a841f97
Source revision
8d96936f-9119-4037-a691-63de0eeb437c
Content fingerprint
fb266cb152876c5874b400dc151c72697dbdbbda132d4f3b5e855981860d2914
Source address
https://disclosures.ifc.org/project-detail/SII/50039/cbi-ghanalc3
Source report history

Prior and superseded states remain labelled. Dates below identify source publication when known, otherwise source observation. They are not assumed event dates; each fact retains its own time qualifications.

  1. No material timeline events have been released.

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