Robust International Pte Ltd
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Robust International Pte. Ltd. (Robust) is a multinational agri-commodity processing & import-export business with its headquarters in Singapore. It has a vast operational network and presence in several countries across Africa. Its portfolio includes a wide variety of agricultural commodities with a focus on cashew and sesame seeds. The company is transforming from a traditional merchant to an end-to-end integrated supply chain company.
What is our funding objective?
This is a Technical Assistance project in which FMO is contributing to the cost of contracting an E&S consultancy that will support and advise Robust in the implementation of the E&S Action Plan (ESAP) agreed with FMO which includes the strengthening and implementation of an E&S Management System, and to build the required E&S knowledge and capacity of the E&S personnel at Robust country operations.
Why do we fund this investment?
Through its loan signed earlier in 2023, FMO aims to support the company not only financially, but also in their journey to strengthen their Environmental and Social Management System. This Technical Assistance project that will contribute to the implementation of the ESAP is one of the ways in which FMO adds value to the company as they are moving from trading towards processing of commodities, thereby helping them prepare for the different types of risks they will onboard.
More investments
| Date | Total FMO financing |
|---|---|
| 12/15/2023 | USD 22.50 MLN |
| 12/15/2023 | USD 10.00 MLN |
| 12/15/2023 | USD 7.50 MLN |
| 10/13/2024 | USD 10.00 MLN |
- Country
- Global
- Sector
- Agribusiness, Food & Water
- Publication date
- 4/5/2024
- Effective date
- 3/12/2024
- Total FMO financing
- USD 0.02 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+