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The bank will help Altiparmak Gida, a leading honey producer, expand its range of natural products and develop a new apitherapy line.
The development bank’s cash infusion will help the Singaporean agribusiness trader invest in its existing operations in Egypt, Georgia, Poland, Turkey and Ukraine.
The development bank has approved a $180m loan that will help the country refurbish its aging and highly-inefficient irrigation network.
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.
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