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Press Releases

November 21, 2024
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FinDev Canada, FMO, TDB and others join forces in a US$ 394M loan to ETG boosting sustainable agriculture in Africa

Today, FinDev Canada, Canada’s bilateral Development Finance Institution, FMO, the Dutch entrepreneurial development Bank, TDB, Eastern and Southern African Trade & Development Bank, and other lenders announce the signing of a syndicated US$ 394 million Sustainability-Linked Loan (“SLL”) to ETC Group (“ETG” or the “Company”), a global conglomerate with a strong foothold in Africa and expertise across various industries.