Common Fund for Commodities (CFC) #41970

Created at
2020-02-01
Last update
2024-09-13

0 Parents (Involvements as child)

2 Children (Involvements as parent)

ID
41971
Name
Joseph Initiatives limited
Country of registration/origin
Uganda
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
500 000
Comment
CFC was an early seed funder for JI, providing US$ 500,000 in longer term financing which enabled thecompany to finance its infrastructure investments
ID
41966
Name
ASILI FARMS LIMITED
Country of registration/origin
Uganda
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
1 200 000
Loan date
2017-02
Comment
In 2015, Asili Farms received a US$1.2 million loan from the Common Fund for Commodities (CFC), with most of the loan (US$1 million) provided via the OPEC Fund for International Development. The loan contract was signed in February 2017 and a first tranche of resources was disbursed in May 2017. The CFC says the loan was provided to “further expand commercial farm operations”.