Alpen Capital has successfully advised ETC Group in raising a US$ 110 million unsecured bilateral loan facility from the European Investment Bank.

The funding will be utilized towards financing ETC Group’s multi-year investment plan in Sub-Saharan Africa, focusing on capital expansion, extension services, health and safety measures, and working capital. Key areas include modernizing and upgrading production facilities, expanding and vertically integrating operations along value chains, and enhancing extension services for smallholder farmers.

Additionally, the funding will support knowledge development for farmers and community programs that address societal challenges.