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consolidated

Consolidated Farming Limited

Project Description:

Consolidated Farming is a sugar mill located in Zambia. Through TDB’s financing, the company expanded its production capacity of 1,500 to 2,500 tonnes per day.

Impact:

The project contributes to the economy of Zambia by producing sugar locally, thereby making significant foreign exchange savings in regard to the foreign exchange that would have to be utilised to finance the sugar imports.

Project Details:

  • Asset Financing
  • Long-term Project Financing
  • Structured Trade &
  • Commodity Financing

Project Loans Dates : 2001, 2003, 2006

  • Loan 1: US$ 8.25 million
  • Loan 2: US$ 750,000
  • Loan 3: US$ 8.25 million

Trade Finance Dates : 2006, 2008, 2011, 2013, 2015

  • Trade Finance 1: US$ 3 million
  • Trade Finance 2: Renewal: US$ 6 million
  • Trade Finance 3: Renewal: US$ 5 million
  • Trade Finance 4: US$ 2.5 million
  • Trade Finance 5: US$ 2.5 million
Client name:
Consolidated Farming Limited
Location:
Zambia
Started
2001
Completed:
2015
Date:
2001, 2003, 2006, 2008, 2011, 2013, 2015
Category:
Agri-Business
Architect:
Expansion