Investing in farmers in Zambia
In 2010, we helped Zambia secure the USD140 million loan it needed to improve the country’s food supply.
With the loan, the government bought around 470,000 tons of maize, providing Zambia with a reliable food reserve if faced with a drought or other natural disaster.
We also acted as an intermediary between the farmers, millers and traders, and the deal brokers, and ensured a transparent market for 350,000 small-scale farmers.
The agricultural finance deal has been hailed as a milestone in agriculture finance in Zambia, due to its size and the creative approach of securing a market prior in advance of reviewing production and trade.