ZAMBEEF PRODUCTS PLC
Status: Completed investmentWhy disclosure?
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In case of questions
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
Zambeef Plc. is a leading integrated agribusiness company in Zambia, involved across the value chains of of beef, chicken, pork, dairy products, edible oils, stock feed, grains, flour and bread. Its activities include production, processing, distribution and retailing.
What is our funding objective?
FMO's loan will be used to further develop the edible oils activities of Zambeef Plc.
Why do we fund this investment?
Zambia is one of the 55 poorest countries in the world. The expansion of Zambeef's operations will facilitate employment generation in a country with relatively high unemployment rates. In addition to this, increased production will provide consumers with better access to affordable food products.
More investments
| Date | Total FMO financing |
|---|---|
| 4/29/2022 | USD 7.50 MLN |
| 3/10/2024 | USD 10.00 MLN |
- Region
- Africa
- Country
- Zambia
- Sector
- Agribusiness, Food & Water
- Effective date
- 3/5/2013
- End date
- 4/29/2022
- Total FMO financing
- USD 5.00 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) - A