The International Finance Corporation, an arm of the World Bank Group, has put forward a proposal for up to US$30 million in funding. This initiative aims to expand the nation's capacity for poultry and flour production, as reported by Shore Africa.
This proposed sustainability-linked loan is intended to support Liberian American Poultry and Modern Mills of Liberia. The investment, which is awaiting approval, seeks to lessen the country's dependence on imported foodstuffs.
It is important to note that this is currently a proposal, not a finalised arrangement. Readers can find the full details in the original reporting.
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