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Barak Trade Finance Facility

Sector: Raw Materials • Location: Africa Region

Source: International Finance Corporation (IFC)

Project
Completed
    The proposed project (the “Project”) consists of a senior revolving loan to an SPV managed by Barak Fund Management Ltd (“Barak”) to provide trade and commodity finance to enterprises operating in Africa. The loan proceeds would invest alongside Barak's short-term African trade and commodity funds; the Project will focus primarily on supporting SME

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Project Information

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The project “Barak Trade Finance Facility” is an infrastructure initiative in the Raw Materials sector, located in Africa Region. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Available timestamp type

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Contact

Contact name

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Phone

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Email

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Address

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Description

Description

The proposed project (the “Project”) consists of a senior revolving loan to an SPV managed by Barak Fund Management Ltd (“Barak”) to provide trade and commodity finance to enterprises operating in Africa. The loan proceeds would invest alongside Barak's short-term African trade and commodity funds; the Project will focus primarily on supporting SMEs in the agricultural sector, although other sectors, such as consumer goods, will also be financed.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

Region

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Country

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State

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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