Barak Trade Finance Facility

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.
Status
Active
Start Date
2018
Donor
Funding Instrument
Country
Region
Unique ID
=A274+1
Amount in USD (in million)
60.00