AGRICULTURE
The African Development Bank (AfDB) has approved a $100-million facility to finance agricultural supply chain Export Trading Group’s (ETG’s) soft commodity value chain operations in sub-Saharan Africa. This soft commodity finance facility (SCFF) is one of the core trade finance instruments used by the bank and innovatively structured to provide pre- and post-shipment finance along various stages of ETG’s commodity value chain operations in the 17 countries expected to benefit from the initiative.
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