Yalelo (U) SMC Limited
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
Yalelo Uganda SMC Limited (Yalelo Uganda) is the Ugandan subsidiary of our customer FirstWave Aquaculture. FirstWave Aquaculture has built and operates a vertically integrated group of companies across the production, distribution, and retail of tilapia fish and aquafeed in Southern and Eastern Africa.
What is our funding objective?
Our FMOxChange funding objective is to put clients who share common challenges and opportunities into contact with one another, to facilitate knowledge exchange. In this FMOxChange Yalelo Uganda will visit another one of our aquaculture clients, based in Turkey, with the goal of learning about greenhouse gas control and mitigation, waste management, and resource efficiency.
Why do we fund this investment?
By funding this project, we intend to help Yalelo Uganda to improve its environmental practices and thus contribute to FMO's priority SDG 13: Climate Action.
- Region
- Africa
- Country
- Uganda
- Sector
- Agribusiness, Food & Water
- Publication date
- 4/25/2025
- Effective date
- 3/13/2025
- Total FMO financing
- EUR 0.01 MLN
- Funding
- Building Prospects