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PROVISION OF A SOVEREIGN LOAN OF A MAXIMUM AMOUNT OF 150 MILLION EUROS TO THE OFFICE DES CERALES (ODC).

May 19, 2022

The EBRD loan will help finance ODC’s working capital needs related to its international grain purchases in light of the war in Ukraine, disruptions in international grain supplies, and record prices.

The project aims to carry out a study of the Tunisian grain value chain and make recommendations to address the structural weaknesses of the Tunisian grain sector.

It will also aim to promote better business standards with the ODC, which involves improving logistics operations, greater corporatization, better corporate governance, management and quality systems.