Oil palm processor sourcing fruits from thousands of smallholder farmers in Côte d'Ivoire.
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.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| A2P | €5,500,000 | Debt / Equity & Technical assistance | 2022 |
| Cashew Coast | €9,000,000 | Debt / Equity | 2024 |
| DekelOil | €8,700,000 | Debt / Equity | 2019 |