Malawi Mangoes (Mauritius) Ltd #42464

Created at
2020-06-12
Last update
2024-09-13

4 Parents (Involvements as child)

Name
FMO (Netherlands Development Finance Company)
Country of registration/origin
Netherlands
Classification
Investment fund

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
2 500 000
Loan date
26-06-2014
Comment
US$2.5 million co-investment with IFC and Global Agriculture and Food Security Program (GAFSP) (https://www.fmo.nl/project-detail/32056#:~:text=Malawi%20Mangoes%20sources%20bananas%20and,and%20international%20fruit%20drink%20manufacturers.)
Name
Global Agriculture and Food Security Program (GAFSP)
Country of registration/origin
United States of America
Classification
Investment fund

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
5 000 000
Loan date
2014
Comment
US$5 million co-investment with IFC and FMO.
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
5 000 000
Loan date
2014
Comment
US$5 million co-investment with GAFSP and FMO.
Name
EXMceuticals
Country of registration/origin
Canada
Classification
Stock-exchange listed company

Relationship
Parent company
Investment type
Shares/Equity
Comment
EXMceutical acquired Malawi Mangoes in 2018/19 with the plan to grow medicinal cannabis. https://www.slideshare.net/MomentumPR/exm-ceuticals-fact-sheet-exmcse-july-2019

1 Children (Involvements as parent)

Name
Malawi Mangoes (Operations) Limited
Country of registration/origin
Malawi
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
See https://foreignpolicy.com/2018/10/18/african-governments-are-paying-for-the-world-banks-mauritian-miracle-malawi-mauritius-offshore-tax-havens-evasion-ifc/