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farmlandgrab.org | CDC Group commits $100 million to ETG, supporting the lives of farmers across Africa and Asia


Birju Patel, Deputy CEO, Export Trading Group (ETG)S$100 million deal with the African Development Bank in 2018. In a 2012 company report, ETG stated that it had greenfields covering 136,140 ha in Tanzania; 156,000 ha in Mozambique; and 13,000 ha in the DRC.
CDC Group | 10 May 2021
CDC Group commits $100 million to ETG, supporting the lives of farmers across Africa and Asia
 
CDC Group, the UK’s development finance institution and impact investor, has announced a US $100 million debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to global markets through its operations in 48 countries worldwide. The debt commitment will support the growth of ETG’s food and agriculture business, and it will help ETG strengthen food value chains by expanding its logistic networks, boosting agriculture yields and the production of staple foods such as grains, rice and cocoa. ....

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CDC votes $100m to support farmers in Africa, Asia


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Published 14 May 2021
CDC Group, the UK’s development finance institution and impact investor, has announced a $100m debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to global markets through its operations in 48 countries worldwide.
The institution said the debt commitment would support the growth of ETG’s food and agriculture business, and help ETG strengthen food value chains by expanding its logistic networks, boosting agriculture yields and the production of staple foods such as grains, rice and cocoa.
ETG has long-standing relationships with over 550,000 smallholder farmers across Africa, according to a statement on Tuesday.
It said as part of the funding facility, CDC would support ETG’s ongoing efforts towards implementation and alignment with international Environmental and Social standards with enhanced focus on supply chain risk management, safeguarding work and procedures. ....

United Kingdom , Manish Jain , Tony Morgan , Chief Treasury Officer , ஒன்றுபட்டது கிஂக்டம் , ஆநிஶ் ஜெயின் , டோனி மோர்கன் , தலைமை கருவூலம் அதிகாரி ,