The Board of Directors of the African Development Bank (AfDB) has approved a US$ 80 million senior loan for OLAM Africa Investment Program (OAIP) to deepen the integration of OLAM Group's agricultural value chain by investments in processing of wheat and palm oil in Africa.
The programme includes five sub-projects in Cameroon, Ghana, Mozambique and Senegal. Ultimately, this programme will enhance the regional food supply chain and act as a catalyst to support job creation and improve sustainability of agribusiness sector, thereby enhancing food security in Africa.
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