Norfund invests $7.4 million in Ethopian Verde Beef Processing

Norfund, a DFI from Norway has invest $7.4 million in a Verde Beef Processing based in Ethopia. The funding provided will be used to complete the construction of an abattoir and meat processing facility. The funding has a convertible debt investment structure. The company was previously supported by a UK based private equity firm known as 8 Miles.


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