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The OPEC Fund
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Development
  1. Operations
  2. Tolaro Global Factory Expansion (Cashew Benin)

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Tolaro Global Factory Expansion (Cashew Benin)

Benin

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) 5.46

Processing of raw cashew nuts into kernals for export to the U.S. and European markets. As per agreement from "Amendment to the Framework of FInancial Support to the CFC", signed Sept. 18, 2013. This amount will be used as a loan. Loan has been signed and Project is now operational. (reported on 25 JAN 2019) / SH

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