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Digital Subscriptions > Development Finance > Issue 5 > NGOs raise concerns over financing of palm oil business

NGOs raise concerns over financing of palm oil business

Workers at Lokutu palm oil plantation
© Feronia

Canada and UK-based agribusiness Feronia has drawn down the second tranche of a US$49 million loan provided by Germany’s DEG and three other European development finance institutions for its palm oil business in the Democratic Republic of Congo.

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