EBRD bolsters agriculture sectors of Cote d'Ivoire and Nigeria
Cote Dlvoire, Feb. 17 -- The European Bank for Reconstruction and Development (EBRD) is bolstering value chains in the agribusiness sectors of two west African countries, providing a €70 million loan to Valency International.The EBRD funds will help Valency International to meet its working capital needs, enabling the procurement of cashew, soya beans, cocoa and sesame in Cote d'Ivoire and Nigeria for processing and exports. They will also support the scaling-up of Valency International's operations and the expansion of its sourcing from local farmers, strengthening the competitiveness and resilience of both countries' agribusiness sectors.A significant portion of the investment will also help Valency International to increase the uti...
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