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…
IFC
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…