IFC and Absa to spice up East Africa espresso commerce with US$60million facility

An estimated 5 million smallholder farmers depend on the business for jobs and livelihoods within the area Kampala, Uganda | THE INDEPENDENT | The Worldwide Finance Company, a member of the World Financial institution Group, has partnered with Absa Group Restricted, a South African-based financial institution intends to increase US$60 million commodity commerce finance facility to…

Read More

IFC, Absa Group announce $60M commerce finance facility for Volcafe to assist 75,000 East African espresso farmers

Worldwide Finance Company (IFC), a member of the World Financial institution Group, and Absa Group Restricted, a South African-based financial institution, will present an as much as US$60 million commodity commerce finance facility to Volcafe, a number one world inexperienced espresso service provider, to strengthen the corporate’s operations in East Africa, supporting tens of 1000’s…

Read More