IFC partners Agricultural bank of Egypt to help farmers access financing for solar irrigation
EGYPT – IFC, a member of the World Bank Group, and the Agricultural bank of…
IFC
Twiga Foods eyes additional US$15m investment from IFC to scale up operations
KENYA – Kenyan tech-enabled food distribution platform, Twiga Foods is set to clinch a funding…
Invisible skin manufacturer Apeel raises US$30m to help farmers emerging markets reduce food waste
US – Invisible skin manufacturer Apeel has raised US$30m in new funding from the International…
IFC, OCP Africa partner to strengthen rice sectors in Côte d’Ivoire, millet in Senegal
WEST AFRICA – OCP Africa has forged a partnership with the International Finance Corporation (IFC)…
IFC backs Nigerian PET resin manufacturer Engee with US$39 financing facility
NIGERIA — Engee Manufacturing Limited, Nigeria’s leading manufacturer of Polyethylene Terephthalate (PET) resin used in…
IFC issues US$100m loan financing to Argentine agribusiness company Adecoagro to foster its diary sector
ARGENTINA – IFC, a member of the World Bank Group, is providing a US$100 million loan to…
China based agro-allied business COFCO partners with IFC to establish sustainable soy value chain in Brazil
BRAZIL – Chinese agribusiness company, COFCO International has partnered with the International Finance Corporation (IFC),…
Tunisian dates exporter VACPA secures US$12M from IFC to cushion business against COVID-19 effects
TUNISIA—Leading Tunisian dates exporting company VACPA has secured financing amounting to US$12.41 million from the…
Olam secures US$176m to consolidate its cocoa and agribusiness operations
SINGAPORE – Global food and agri-business company, Olam International and its wholly owned subsidiary, Olam…
Naivas set to bag US$15m for sale of its minority stake to IFC, Amethis, DEG and MCB Equity Fund
KENYA – Kenyan retail chain Naivas supermarkets is set to receive US$15 million for the…
Nafoods Group to invest in new value-added products processing facility
ASIA – IFC-backed Vietnamese agribusiness conglomerate, Nafoods Group has secured a US$5 million funding form…
Zalar Agri secures US$24m from IFC to expand fruit and nut growing operations in Morocco
MOROCCO – IFC, a member of the World Bank Group, is providing US$24 million in…
IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry
ETHIOPIA — The International Finance Corporation (IFC) has extend US$55.9 million financing to Habesha Breweries…
Uganda’s Grainpulse receives US$11m to provide multiple agribusiness services to farmers
UGANDA – IFC, a member of the World Bank Group, and the Private Sector Window…
Colombia’s discount food retailer Ara Tiendas secures US$93m to expand operations
COLOMBIA – Ara Tiendas, a Colombian based proximity food discounter has secured a US$93 million…
IFC, GAFSP invest US$22m in Ethiopia’s Soufflet to boost local malt production
ETHIOPIA — The International Finance Corporation (IFC) and the Private Sector Window of the Global…
IFC funds Malawi with US$4m to boost macadamia nut production
MALAWI – Macadamia nuts farmers in Malawi are expected to get a US$4 million (about…
Cargill renews partnership with IFC to further empower cocoa producing cooperatives
IVORY COAST – Global agribusiness company Cargill has renewed partnership with the International Finance Corporation…
Twiga Foods partners with IFC to boost food safety in Kenya
KENYA – Twiga Foods, a Kenyan-based technology food distribution platform, has partnered with International Finance…
Kenyan tea agency secures US$10m credit facility to improve trading operations
KENYA – The Kenya Tea Development Agency Holdings (KTDA) has secured a US$10 million (Sh1…
IFC invests US$3m in agri-logistics group to expand services in Myanmar
ASIA – The International Finance Corporation, IFC has provided US$3 million loan facility to SLCM…
Twiga Foods raises US$10.3m financing from IFC and TLcom for expansion
KENYA – Twiga Foods, a Kenyan based online food-market platform has raised US$10.3 million financing…
Africa Improved Foods receives the first SDG Award for sustainable consumption
RWANDA- Africa Improved Foods (AIF), a joint venture between the government of Rwanda and a…
Indian poultry firm Srinivasa Farms set for US$23 million IFC funding
INDIA – International Finance Corporation (IFC) plans to make an equity investment of US$23 million…