Cocoa Financing Limited Company
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?
Cocoa Financing Limited Company is a cocoa processing company that is owned by the same owner as cocoa processing company and existing customer Niche Cocoa Industry Ltd.
What is our funding objective?
The objective of the funding is to enable Cocoa Financing Limited Company to purchase cocoa beans, have cocoa products produced, and sell cocoa products to a dedicated off taker. This is done by way of an uncommitted, revolving, structured trade finance facility secured against the cocoa stocks FMO is financing. Total facility amount is USD 10 mln, with the dedicated off-taker party participating for USD 2.5 mln.
Why do we fund this investment?
Existing customer Cocoa Industry Ltd needs more working capital funding to increase business operations and related cash generation, and FMO is additional by facilitating this by way of providing a debt facility to affiliated company Cocoa Financing Limited Company.
What is the Environmental and Social categorization rationale?
E&S category is B+ (high medium). IFC Performance Standards (PS) 1-4 are triggered, and IFC PS 6 through the supply chain. IFC PS 5, 7 and 8 (on land acquisition, Indigenous people and cultural heritage) are not applicable as the funding is provided for exiting operations located in an industrial zone. The main E&S risks are related to the cocoa processing activities in the factory. These are related to Occupational Health and Safety, Working Conditions, Air and effluent emissions, etc. Through its supply chain, the company is also indirectly exposed to biodiversity risks. Niche Cocoa has in place an Environmental and Social Management System, and several ISO certifications which facilitate the management of the identified risks.
More investments
| Date | Total FMO financing |
|---|---|
| 9/26/2025 | USD 2.50 MLN |
- Website customer/investment
- https://www.nichecocoa.com/
- Region
- Africa
- Country
- Ghana
- Sector
- Agribusiness, Food & Forestry
- Publication date
- 12/17/2025
- Effective date
- 9/26/2025
- Total FMO financing
- USD 7.50 MLN
- Funding
- FMO NV
-
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) - B+