The African Development Bank (AfDB) has approved $150 million to support ETC Group’s trade and agriculture value-chain development in Africa.
Amba Mpoke-Bigg, Head, AfDB Communication and External Relations Department made the disclosure in a statement on Saturday, in Abuja.
Mr Mpoke-Bigg said that AfDB’s board of directors had approved a $150 million facility to ETC Group Ltd., to address the company’s working capital requirements and support its food production expansion plans across 10 countries in Africa.
According to him, this will be a boost for…