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IFC, FMO announce loan to support South Africa's blueberry industry, protect jobs and exports


IFC, FMO announce loan to support South Africa’s blueberry industry, protect jobs and exports
A loan from IFC, a member of the World Bank Group, and the Dutch entrepreneurial development bank (FMO) to United Exports Ltd. announced today will help support growth, exports, and jobs in South Africa’s blueberry industry.
The €3 million loan includes €1.5 million from IFC and a €1.5 million B loan from FMO. The financing will support United Exports’ ongoing capital expenditure projects and help maintain local farmers’ access to markets and employment. United Exports produces, packages and ships blueberries under its proprietary OZblu brand within South Africa and exports roughly 90 percent of its output to markets outside Africa. ....

South Africa , Hans Bogaard , Adamou Labara , Jon Salters , World Bank Group , Africa Berry Producers Association , United Exports Ltd , Africa Western Cape Department Of Agriculture , United Exports , United Export , Western Cape Department , South Africa Berry Producers , ஹான்ஸ் போகார்ட் , ஜான் உப்புக்கள் , உலகம் வங்கி குழு , ஒன்றுபட்டது ஏற்றுமதிகள் லிமிடெட் , ஒன்றுபட்டது ஏற்றுமதிகள் , ஒன்றுபட்டது ஏற்றுமதி , மேற்கு கேப் துறை ,

IFC, FMO announce loan to support South Africa's blueberry industry


A loan from IFC, a member of the World Bank Group, and the Dutch Entrepreneurial Development Bank FMO, announced a loan to support growth, exports, and jobs in South Africa s blueberry industry.
The €3 million loan includes €1.5 million from IFC and a €1.5 million B loan from FMO. The financing will support United Exports ongoing capital expenditure projects and help maintain local farmers access to markets and employment. United Exports produces, packages and ships blueberries under its proprietary OZblu brand within South Africa and exports roughly 90 percent of its output to markets outside Africa.
The company employs around 3,800 permanent and seasonal workers. Since the COVID-19 outbreak, United Exports has put in place extensive social distancing and PPE protocols and facilities to protect its employees, while investing to maintain growth and jobs in the sector. ....

South Africa , Hans Bogaard , Adamou Labara , Jon Salters , World Bank Group , Africa Berry Producers Association , Dutch Entrepreneurial Development Bank , Africa Western Cape Department Of Agriculture , Pie Kamau , United Export , United Exports , Western Cape Department , South Africa Berry Producers , ஹான்ஸ் போகார்ட் , ஜான் உப்புக்கள் , உலகம் வங்கி குழு , டச்சு தொழில் முனைவோர் வளர்ச்சி வங்கி , பை கமாவு , ஒன்றுபட்டது ஏற்றுமதி , ஒன்றுபட்டது ஏற்றுமதிகள் , மேற்கு கேப் துறை ,