Project detail - FAN MILK LIMITED

FAN MILK LIMITED

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Who is our client

Fan Milk Limited is a dairy company, and it is the leading manufacturer and marketer of ice cream and yoghurt in Ghana.

Funding objective

To develop an inclusive recycling system which will contribute towards a plastic-free environment by empowering and organizing waste pickers. By the end of two years and a half, Fan Milk will be recovering an equivalent volume of 30% of all post-consumption waste that the company generates.

Why we fund this project

With this project, we intend to enable the development of sustainable practices along the entire waste value chain (from generation to recycling) with technical and operational training of waste pickers in Greater Accra. This project is also in line with the aims of the BCD program.

Region
Africa
Country
Ghana
Sector
Agribusiness, Food & Water
Signing date
8/4/2017
Total FMO financing
EUR 0.13 MLN
Fund
ForeignAffairs - CD
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)