The Board of Directors of the African Development Bank Group (AfDB) has approved a €100 million agricultural commodity financing facility for Sucres et Denrées Côte d’Ivoire (Sucden) , one of the country’s leading commodity trading firms. The financing is designed to reinforce Côte d’Ivoire’s position as the world’s largest cocoa producer while promoting sustainability, resilience, and inclusion in the agricultural sector.

Financing structure and partners

The facility includes:

€25 million from the Africa Growing Together Fund (AGTF) , a co-financing initiative of the AfDB and the China Development Bank .

$10 million from the Agribusiness Small and Medium Enterprise Catalytic Financing Fund (ACFM) , a special AfDB fund dedicated to stimulating agribusiness financing.

Structu

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