Seed Co Zambia

Seed Co Group - Proparco Direct Loan

Borrower (s)
Industry
Agri/Soft Commodities/Grains
Area of finance
Commodity Trade Finance
Country
Zimbabwe

Deal Overview

France's Proparco is providing a loan to African agricultural group Seed Co Group. The loan divided into two tranches, will finance the group’s international expansion via a loan to Seed Co Zambia and the development of Seed Co Zimbabwe. It will allow Seed Co to finance a corn dryer in...

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France's Proparco is providing a loan to African agricultural group Seed Co Group. The loan divided into two tranches, will finance the group’s international expansion via a loan to Seed Co Zambia and the development of Seed Co Zimbabwe. It will allow Seed Co to finance a corn dryer in Zimbabwe which will double the harvests of farmers - one in the summer and one in the winter - and help improve efforts to address the climate risk. 

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Deal Volume
$ 25m
Financial Close
07 October 2020

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Tranches


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