FMO weighs $11.5m financing for Kenya avocado oil producer Origen

Origin FMO

Dutch development bank FMO is considering an $11.5 million debt facility for Kenya-based avocado oil producer Origen Fresh EPZ to expand processing capacity and support cleaner, circular manufacturing operations, according to project documents seen by DevFiNews. The proposed package includes $10 million in committed financing and an additional $1.5 million uncommitted tranche. The funds will … Read more

Philippines Launches SE Asia’s First Green Equity Label with Tougher Sustainability Rules

PSE Philippines

Philippine-listed companies and firms planning to go public will need to meet stricter sustainability requirements to qualify for the country’s new Philippine Green Equity Label, the Securities and Exchange Commission (SEC) said on Thursday. The guidelines, the first of their kind in Southeast Asia, require companies to demonstrate that at least half of their revenues … Read more