The African Development Bank (“AfDB”) partners with Sucden to finance USD 100 Mn for cocoa supply and value chain development in Cameroon, Ghana, and Nigeria.
The African Development Bank is providing a 2-year renewable, USD 100 million loan to Sucden to finance cocoa supply and value chain through Sucden’s network of cooperatives, aggregators and suppliers in Cameroon, Ghana and Nigeria. The project aims to improve sustainability, support smallholder farmers, and enhance supply chain efficiency.
This initiative supports economic growth and the livelihoods of cocoa farmers while ensuring compliance with environmental and social safeguards.
Multinational – SUCDEN SA – Project Summary Note | African Development Bank Group