Accedere News and Updates

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Accedere Ltd.

02 Oct 2025

80.47

-4.99%

JICA extends $75 million loan to ECOM to support small coffee growers in Asia, including India

Business Line

C0-financed by ADB, the project will also support growers in Indonesia, Papua New Guinea and Vietnam

Accedere Ltd.'s price crossed below 30Day SMA today

Accedere Ltd.

01 Oct 2025

80.47

-4.99%

JICA signs 75 mn loan deal with ECOM to boost Asian coffee supply chains

Business Standard

The Japan International Cooperation Agency (JICA) has signed a loan agreement for up to USD 75 million with ECOM Agroindustrial Corp Ltd and its group company ECOM Agroindustrial Asia Pte Ltd to support coffee supply chains across Asia, JICA said on Wednesday. The loan, co-financed by the Asian Development Bank (ADB), marks JICA's first exclusive working capital loan and aims to strengthen cooperation with global agricultural trading companies to support Asia's agricultural and food supply chains. The financing will support stable procurement of coffee from over 60,000 smallholder farmers in India, Indonesia, Papua New Guinea and Vietnam, JICA said in a statement. The project includes purchase funds and consulting services such as coffee certification support, climate change adaptation pilot projects and farming support for female farmers. India's coffee industry accounted for 3 per cent of global production in 2022, ranking eighth worldwide, and provides direct employment to over

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Accedere News and Updates

Keep track of all breaking news on Accedere from all sources in a single place.