HABESHA BREWERIES SHARE COMPANY
Status: Approved investmentWhy disclosure?
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In case of questions, please contact us at disclosure@fmo.nl
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
Habesha is an upcoming player (#4, 8% market share) in the Ethiopian beer market and majority (60%) owned by Swinkels Family Breweries N.V. (“Bavaria”), a large and well-known Dutch brewer with a long track-record.
What is our funding objective?
The objective is to substantially increase Habesha’s sourcing of commercially available malt barley from smallholder and emergent commercial farmers in Ethiopia. A “whole value chain” approach would look at key challenges and opportunities along the upstream Habesha malt barley supply chain.
Why do we fund this investment?
The project is relevant for different reasons: FMO is funding this project to substantially increase the commercial sourcing of malt barley from smallholder farmers whilst improving food security, enhancing livelihoods of smallholder farmers and reducing reliance on imported malt barley.
More investments
| Date | Total FMO financing |
|---|---|
| 1/28/2022 | EUR 18.00 MLN |
- Website customer/investment
- http://www.ifc.org
- Region
- Africa
- Country
- Ethiopia
- Sector
- Agribusiness, Food & Water
- Effective date
- 6/29/2020
- Total FMO financing
- EUR 0.14 MLN
- Funding
- FMO NV
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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+