Magadi Ash Company
ABSTRACT
This case study primarily focuses on the International Finance Corporation’s efforts to bring about socio economic development in the region of Magadi division by investing in a key player in the region- Magadi Soda Company. It is part of International Finance Corporation’s efforts to help people out of poverty by investing in the private sector. In this case, the Magadi Soda Ash Company is the key aspect of the private sector of magadi Division.
Formerly known as the Magadi Soda Company, Tata Chemicals Magadi joined in the Tata group in 2005. This Tata company is based in the Lake Magadi region in Kenya (about 120km away from Nairobi). Almost 95 per cent and above of its products are sent to the South East Asia, the Indian subcontinent,
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• Analyse the literacy and educational levels of the Magadi …show more content…
About International Finance Corporation
The International Finance Corporation is an independent financial body that is a member of the World Bank Group. It consists of 184 member countries that are a part of it and each of these member countries have an appointed officers to conduct their activities. The IFC is aimed at ending extreme poverty by 2030 and to boost the prosperity in every developing country.
The International Finance Corporation’s investment services include loans, equity, trade finance, syndicated loans, structured and securitized finance , liquidity management, client risk management services and many other financial assisstance. Approximately $12.7 million dollars were invested as a whole in the fiscal year of 2010 in 528 projects spread over 130
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