The World Bank affiliate will provide a $60m loan from its own account and help facilitate an additional $40m in financing to support Nibulon’s efforts to increase its trading volume.
Tag Archives | Eastern Europe
The commitment to the food start-up fund marks the third investment made by Danone’s newly-established venture capital unit.
The development bank has approved a $180m loan that will help the country refurbish its aging and highly-inefficient irrigation network.
The $300m fund of funds will target returns of about 20% through investments with mid-market private equity funds in frontier and emerging markets, potentially including agriculture-focused funds.
The $44bn deal could close next month following ChemChina’s recent announcement that the public tender offer for Syngenta shares will end May 4.
The World Bank’s financing arm will provide a $37m loan for the construction of a new grain terminal at the Black Sea port of Yuzhny, a project whose partners include EBRD, MV Cargo and Cargill.
The capital injection will allow the company, a leading producer of pulses and rice, to refinance part of its existing debt, expand into organic ready-to-eat products and strengthen its ESG program.
The new line of credit will finance LDC’s working capital needs in eight countries in Eastern Europe and North Africa.
Under AMERRA’s management, Norway-based Biomega will collaborate with Alkymar, another Norwegian company, to produce high-grade proteins from raw salmon byproducts.
The one-year, senior loan with two one-year extension options will be disbursed in local currency to support the company’s short term loans to small and medium enterprise (SME) farmers.