FMO, FinDev Canada, OeEB support critical food supply in Africa

In:

Agriculture/food chain

Region:

Middle East & Africa

The Netherlands' FMO, FinDev Canada, and Austrian development bank OeEB have announced a $115 million syndicated loan facility that will allow Agri Commodities and Finance - part of the Export Trading Group - to improve and expand its operations in Africa. FMO acted as lead arranger. The syndicated facility will indirectly support an estimated 600,000 smallholder farmers and the communities where they live and work.

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