DekelOil

Oil palm processor sourcing fruits from thousands of smallholder farmers in Côte d'Ivoire.  

 

Investment information

€8,700,000
Committed investment
Processing
Primary value chain focus
Committed investment
Primary value chain focus

Expected impact

407
Jobs created / maintained
3,000,000
Increase in smallholder farmers' annual income
8,242
Smallholder farmers linked to market
Jobs created / maintained
Increase in smallholder farmers' annual income
Smallholder farmers linked to market

Our role

AgDevCo’s investment will be used to to support DekelOIl’s Environmental, Social and Governance activities and to strenghen DekelOIl’s balance sheet through the refinancing of short and medium-term facilities, thereby freeing up cashflow for working capital and growth initiaitives.

ESG activites supported through AgDevCo financing will include the completion of the DekelOIl’s certification under the Roundtable for Sustainable Palm Oil (“RSPO”) programme and the implementation of a traceability programme which ensures fruit is ethically and sustainably sourced from smallholder growers without adverse impacts on natural and critical habitats.

Our investments in Côte d'Ivoire

Investment Total invested Start date
A2P €5,500,0002022
Cashew Coast €9,000,0002024
DekelOil €8,700,0002019