| Project Detail |
Location: Egypt Project number: 55703 Business sector: Agribusiness Notice type: Private Environmental category: B Approval date: 14 Jan 2025 Status: Approved English-language PSD published: 30 Jan 2025 Provision of a senior unsecured loan of up to EUR 3 million to Agrana Nile Fruits to finance the Companys investment plans for the construction, equipping and placing into operation of a new production line, as well as to refurbish the existing facility in Obour City, Egypt. Project Objectives The Project will increase annual production capacity of the Company, as well as enhance its operational efficiency. The Project will allow the Company to expand its export base and eventually become a net exporter of high-quality fruit ingredients to leading dairy produces in Middle East and West Africa. |
