FinDev Canada proposes funding for agro-processor
Facility will support procurement and processing across sub-Saharan Africa.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Canada’s development finance institution, FinDev Canada, has disclosed a working capital facility of up to $40 million for Robust International, a Singapore-based processor and exporter of agro-commodities.
The funding will support Robust International’s sourcing and processing of sesame, cashew, soya and other agricultural products in least developed countries in sub-Saharan Africa.
The company operates in Mozambique, Burkina Faso, Guinea Bissau, Mali, Togo, Guinea Conakry, and Tanzania.
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now