Balmed signed Trade Finance Agreement with the African Agriculture Trade and Investment Fund

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Balmed signed Trade Finance Agreement with the African Agriculture Trade and Investment Fund

In order to boost and increase its cocoa and coffee sales Balmed signed Trade Finance Agreement with the African Agriculture Trade and Investment Fund. (AATIF) The AATIF is an investment fund backed by the german development bank KfW, the International Labour Organisation (ILO), the Federal Ministry of Economic Cooperation and Development (BMZ), the Deutsche Bank as Investment Manager and the Common Fund for Commodities as Technical Assistance Manager. The AATIF public private partnership facility provides various funding sources ranging from loans to equity investment.