DekelOil

Oil palm processor sourcing fruits from thousands of smallholder farmers in Côte d'Ivoire.  

 

Investment information

$9,612,000
Committed investment
$8,505,000
Investment made
Processing
Primary value chain focus
Committed investment
Investment made
Primary value chain focus

Expected impact

407

Jobs created / maintained

$3,000,000

Increase in smallholder farmers' annual income

8,242
Smallholder farmers linked to market

Jobs created / maintained

Increase in smallholder farmers' annual income

Smallholder farmers linked to market

Our role

AgDevCo’s investment will be used to to support DekelOIl’s Environmental, Social and Governance activities and to strenghen DekelOIl’s balance sheet through the refinancing of short and medium-term facilities, thereby freeing up cashflow for working capital and growth initiaitives.

ESG activites supported through AgDevCo financing will include the completion of the DekelOIl’s certification under the Roundtable for Sustainable Palm Oil (“RSPO”) programme and the implementation of a traceability programme which ensures fruit is ethically and sustainably sourced from smallholder growers without adverse impacts on natural and critical habitats.

Our investments in Côte d'Ivoire

Investment Total invested Investment type Start date
DekelOil $9,612,000 Debt / Equity