Agro Companies International increases financing facility with BIC-Bred (BPCE Group)

The Swiss milling giant, heavily involved in Africa, wants to strengthen its working capital.

10/02/2022 at 15h36, by Africa Business+

The Swiss group, Agro Companies International, expects increased support from BIC-Bred in a sector marked by soaring world prices. The Swiss subsidiary of BRED Banque Populaire, part of the BPCE Group, is preparing to approve a more substantial financing line than in previous years, based on a mechanism of the International Finance Corporation (IFC).

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