IFC Disburses Loan of ~USD 2.43 Mn to Mali-based Centre d’Étude et de Développement Industriel et Agricole du Mali (CEDIAM)

World Bank Group member IFC recently announced the disbursement of a loan of ~USD 2.43 Mn to support the expansion of Mali-based mango processor Centre d’Étude et de Développement Industriel et Agricole du Mali (CEDIAM) and assist the company in increasing farmers’ access to markets.

Out of the total investment made by IFC, half the amount is a senior A loan and the remaining half is a concessional loan by the IFC in its capacity as implementing entity for the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP).