DAL Group secures US$75m to improve food security in Sudan

SUDAN – The African Development Bank (AfDB) has signed an agreement with DAL Group, Sudan’s largest foods and agriculture business company, for the provision of up to US$75 million to improve the agribusiness sector, as well as leveraging private sector investments The agreement is the Bank’s first private-sector loan to the East African nation. The Bank loan will contribute to DAL Group’s Investment Programme, part of the company’s strategic growth initiative for Sudan and the East African region. Under this programme, DAL Group aims to reduce the nation’s dependence on…

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