Malawi, Nov. 7 -- IFC has announced a partnership with Illovo Sugar Malawi that will reduce the company's water and energy consumption and cost of production, while supporting and creating thousands of jobs for farmers and others along the agriculture supply chain.Under the partnership, IFC will provide an innovative, local-currency-linked loan facility to Illovo Sugar Malawi of $36 million. The loan, supported by Associated British Foods plc and the World Bank Group's International Development Association Private Sector Window Local Currency Facility, provides funding disbursed and repaid in U.S. dollars but denominated in Malawi kwacha, allowing the company to align repayments with its primary currency of earnings.IFC's funding will finan...