38327
GLOBAL TEA AND COMMODITIES LTD
May 14, 2018
Malawi
Africa
Jun 15, 2018
B - Limited
Active
Sep 29, 2018
Regional Industry - MAS Africa
Agribusiness and Forestry
Approved : Jun 14, 2018
Signed : Jun 21, 2018
Invested : Sep 25, 2018
Coffee, Cocoa, Tea
Blended Finance
The proposed investment is up to US$8 million senior secured loan, comprised of up to US$4 million each from IFC and the Global Agriculture and Food Security Program (“GAFSP”), to Global Tea & Commodities Ltd. and five of its subsidiaries: namely, Global Tea & Commodities (Kenya) Ltd., Gold Crown Foods (EPZ) Limited, Gold Crown Beverages (Kenya) Ltd., Global Tea & Commodities (Malawi) Ltd., and Sable Farming Company Ltd. (together “Global Tea” or the “Group”).
Global Tea is an agribusiness group with macadamia and coffee plantations in Malawi, as well as tea sourcing business and tea packing facilities in Kenya. The proposed IFC/GAFSP investment will support the Group’s capacity expansion in Malawi and Kenya.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Global Tea & Commodities (Kenya) Limited
Chai Street, Mombasa, Kenya
mail@globaltea.co.ke
Sable Farming Company Limited
Mapanga Estate, Zomba Road, Limbe, Malawi
mail@sablefarming.com