Monaco Resources’ Agri Resources Group to bring in financial partners into Mauritius and Madagascar businesses
Focusing on vanilla in the Indian Ocean, the subsidiary of the agricultural trade and production group is developing projects in Mauritius and Madagascar. In addition, banks and impact funds have shown interest following the issue of the first sustainability bond in March 2021 for €40 million.
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▪ Monaco Resources’ Agri Resources Group to bring in financial partners into Mauritius and Madagascar businesses
▪ Focusing on vanilla in the Indian Ocean, the subsidiary of the agricultural trade and production group is developing projects in Mauritius and Madagascar. In addition, banks and impact funds have shown interest following the issue of the first sustainability bond in March 2021 for €40 million.
▪ https://www.africabusinessplus.com/en/813995/monaco-resources-agri-resources-group-financial-partners-bring-e8-5-m-into-mauritius-and-madagascar-businesses/
Frédéric Dalmasie, managing director of the Agri Resources Group, told Africa Business+ that he expects financial partners in the vanilla business in Mauritius and Madagascar by the second quarter of 2023.
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