Monday
December 2
2024

OPEC Fund Signs $394 Million Sustainability-Linked Loan with ETC Group to Support Smallholder Farmers in Africa

The OPEC Fund for International Development (OPEC Fund) has announced the signing of a $40 million sustainability-linked loan as part of a $394 million financing package for ETC Group (ETG), a leading agricultural commodity supply chain manager in Africa.

Photo courtesy of UN Women Africa.

Source: SolarQuarter (link opens in a new window)

Categories
Agriculture
Tags
development finance, food security, global development, lending, smallholder farmers, supply chains