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- Operations
- Artemisinin from Outgrower Farmers for its use in Malaria Medication
Artemisinin from Outgrower Farmers for its use in Malaria Medication
Madagascar
| Financing Type | Grants |
| Category | Common Fund for Commodities |
| Focus Area | Agriculture |
| Approved | 20.10.2015 |
| Signed | 20.10.2015 |
| Loan Administrator | Common Fund for Commodities |
| Co-financiers | CFC |
| Organization | CFC |
| Total Project Cost (USDm) | 3.44 |
With the CFC loan of USD 1.49 million out of a total project investment of USD 3.44 million, Bionexx plans to gradually upscale its fully integrated Artemisinin crystal extraction business to reach the targeted annual output of 32 tons/year within a 6 year project life cycle.The project implementation has been started.