Africa · Western

Key Facts

—Total package. The Bank of Industry and EIB Global signed an €85 million agribusiness credit line, with at least 70 percent earmarked for cocoa and dairy value chains.

—Dedicated facility. A €60 million slice of the package is a dedicated credit facility specifically for cocoa processing and dairy industrialisation.

—Geopolitical backing. The financing is supported by the European Union’s Global Gateway initiative, designed as a counterweight to China’s Belt and Road.