Dutch development bank FMO intends to commit up to €12 million in a long-term facility for CHO Company, an olive oil bulk trader based in Tunisia.

Established in 1996, CHO is currently one of the largest Tunisian olive oil producers, bottlers and exporters. CHO was created by three entrepreneurs, Abdelaziz Makhloufi, Moncef Rekik and Mohamed Tounsi. The original founders still own most of ...