Madagascar: Serge Rajaobelina receives €20m EIB loan for Sahanala project
The integrated agricultural development programme covers more than 6,100 hectares of rainfed crops developed by Agrima of the SMTP Group and managed by a GIE chaired by the founder of the Fanamby NGO.
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▪ Madagascar: Serge Rajaobelina receives €20m EIB loan for Sahanala project
▪ The integrated agricultural development programme covers more than 6,100 hectares of rainfed crops developed by Agrima of the SMTP Group and managed by a GIE chaired by the founder of the Fanamby NGO.
▪ https://www.africabusinessplus.com/en/814898/madagascar-serge-rajaobelina-receives-e20m-eib-loan-for-sahanala-project/
Sahanala, on the west coast of Madagascar, is about to receive a major boost from the European Investment Bank (EIB). The financial institution has just approved a €20 million loan for this integrated development project led by Serge Rajaobelina – a leading figure in Madagascar’s social economy – which has a total amount of €40 million over six years.
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