The Oikocredit International Support Foundation has signed a Memorandum of Understanding (MoU) with Karongi and Muganza Kivu tea factories in Rwanda to produce two million tea seedlings
Agriculture
Good Nature Agro secures funding to accelerate production of legume value chains
Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has announced the closure of Series A equity financing totalling US$ 2.1mn
IFC partners with OCP Africa to strengthen the rice sectors in Côte d’Ivoire and millet in Senegal
The International Finance Corporation (IFC), a member of the World Bank Group, has partnered with OCP Africa, a subsidiary of the OCP Group, to strengthen the rice sector in Côte d’Ivoire and millet in Senegal
Cameroon and IFAD join forces to boost food security and support small-scale farmers
The United Nations International Fund for Agricultural Development (IFAD) announced a US$59.9mn investment to fund the second phase of the Commodity Value Chain Development Support Project (PADFA II), which will ensure the availability of quality climate-resilient seeds and other inputs, modernisation of irrigation infrastructure, minimise post-harvest losses as well empower women and youth
Morocco: EIB, CAM sign US$233mn financing agreement to support agricultural ecosystems
The European Investment Bank (EIB) and Crédit Agricole du Maroc (CAM) have signed a US$233mn loan agreement to boost support for Moroccan agricultural and bio-economic businesses with a particular focus on sustainable development
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