[unknown investor] #44532
Created at
2022-10-23
Last update
2024-09-13
2 Parents (Involvements as child)
ID
Name
Elite Agro LLC
Country of registration/origin
United Arab Emirates
Relationship
Parent company
Investment type
Shares/Equity
Comment
Elite Agro LLC is an agricultural company based in Abu Dhabi in the United Arab Emirates
ID
Name
African Development Bank (AfDB)
Country of registration/origin
Côte d'Ivoire
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
24 000 000
Comment
In May 2022, a "loan agreement of $2.4 million to finance the feasibility study of the Agricultural Development Pole project on the right bank of the Bas-Mangoky delta" was signed between the Malagasy State and the AfDB group (6) . This loan, explicitly concerning the agropole intended for Elite Agro