AfDB approves US $20 million for Meridian’s soft commodity value chain operations in Southern Africa

The African Development Bank has approved a US $20-million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe. This Soft Commodity Finance Facility is designed to provide pre- and post-shipment finance along various stages of Meridian’s soft commodity value chain operations in the three countries concerned, to help local farmers and soft commodity suppliers to grow their revenues and produce quality crops for export.

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