Deal Street

South Africa Based United Exports Ltd. Receives USD 3.6 Mn
South Africa Based United Exports Ltd. Receives USD 3.6 Mn

South African blueberry firm United Exports Ltd. received USD 1.8 Mn loan from World Bank’s International Finance Corporation (IFC) and USD 1.8 Mn B loan from FMO. This loan is aimed to support United Exports’ capital expenditure projects and maintain farmers’ access to markets and employment.

Founded in 2002 as a fruit export business, United Exports produces, packages and ships blueberries under its proprietary OZblu brand within South Africa and exports 90% of its outputs to international markets.