Okan Partners helps Filatex-Green Bird’s OrgaEarth secure loan from MCB
Exclusive information from Jeune Afrique Business+.
03/09/2021 at 16h17, by Africa Business+
Mauritius Commercial Bank (MCB) will support OrgaEarth, the joint venture set up by the Malagasy Filatex Group and Green Bird (La Réunion), to develop the high-quality prickly cactus oil industry in southern Madagascar. The bank is granting a bridging loan to the entity, which will enable it to refinance a long-term multi-currency loan and thus continue its development. The amount of the loan has not been disclosed.
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