Home News and publicationsNewsFinnfund invests 15 million US dollars to strengthen the agricultural supply chain in Africa News|11 May 2020Finnfund invests 15 million US dollars to strengthen the agricultural supply chain in Africa Finnfund is one of the investors in a syndicated loan to ETC Group (“ETG”). ETG has developed into a global player with a diverse portfolio of expertise across multiple industries, encompassing agricultural inputs, logistics, merchandising and processing, and supply chain optimization, with most of its footprint in Africa. ETG operates in 26 African countries and manages more than 400 warehouses and over 90 processing plants worldwide. The facility will enable ETG to further develop its business. “We are excited to partner with Export Trading Group in Malawi, Mozambique and Tanzania in their agri-commodity trading and processing operations”, says Finnfund’s Associate Director Jari Matero. “It is important to support the agricultural commodity trade and the supply of key agri-inputs such as fertilizers to local farmers in this challenging situation. Over the past decades, Export Trading Group has played a pivotal role in agricultural development.” With this long-term financing, the DFIs support a major agricultural supply chain of numerous African and Asian countries, which have particularly been affected in this corona pandemic. This contributes to food security for populations in need. “ETG is proud to partner with four marquee DFIs to provide sustainability linked financing facility”, says Anish Jain, Chief Treasury Officer at ETG. “This is a unique facility for African agriculture sector that will allow us to enhance collaboration with small-holder farmers to buy the staple food crops and increase farmers’ linkages to international markets. This facility will bring strength to our operations, especially in such challenging times of Covid-19.” More information: Jari Matero, Associate Director, Head of Agri and Forestry portfolio, jari.matero (a) finnfund.fi, tel. +358 40 523 2815 Categories: NewsAgriculture2020Africa Share: Link to Linkedin Link to Facebook Link to Twitter Link to Bluesky Latest news News and publications News 12 June 2025 Finnfund’s economist Tangeni Shatiwa: Investors finding their way back to the Kenyan market Kenya´s economic growth is expected to strengthen to 5.5 per cent already this year,… News 04 June 2025 Finnfund’s Chief Economist Kristiina Karjanlahti: “Developing Asia remains the growth engine of the global economy – despite the shock caused by tariffs” Trump’s tariff policy has been a series of continuous surprises, the latest being the… News 15 May 2025 Finnfund’s investment portfolio reaches EUR 887 million – more focus on advancing digitalisation, mobilisation of private capital, and Finnish added value “For Finnfund, 2024 was a year of rethinking. We revisited our strategy while reaffirming… News 09 May 2025 Finnfund invests in Amartha, improving access to finance for women in rural Indonesia Development Finance Institutions Swedfund, Finnfund, and the Belgian Investment Company for Developing Countries (BIO),… News 07 May 2025 Investment Manager Kuutti Kilpeläinen, Finnfund: “Digital gap is a significant opportunity to create impact” Impact investor and development financier Finnfund has put digital infrastructure and solutions at the… News 06 May 2025 Finnfund announces successful completion of multi-tranche green and sustainable bond offering Finnfund, a Finnish development financier and impact investor, issues nearly EUR 200 million of… News 04 April 2025 Finnfund and IDB Invest partner with Netwey to expand internet access in Mexico Finnfund closed a 5 million US dollar equity investment with Netwey, a Mexican Internet… News 27 March 2025 Mountain Hazelnuts secures landmark international investment, strengthening Bhutan’s sustainable agriculture sector Mountain Hazelnuts , Bhutan’s first fully foreign direct investment (FDI) and a leading force… News 04 March 2025 Opportunities for impact investing in emerging markets 20 March in Helsinki Impact investment seminar for institutional investors Time: Thursday 20 March 9-12 (breakfast available from… News 03 March 2025 Finnfund’s follow-on investment to Fibertime Group advances digital inclusion in South Africa with the help of Nokia technology Finnfund has made a follow-on investment of 2 million euros to Fibertime Group enabling… Scroll left Scroll right