Burundi has launched a BIF300 billion ($100.5 million) credit facility through CRDB Bank Burundi to finance investment in agriculture, livestock, agro-processing and other productive activities, in a move aimed at raising farm productivity and strengthening the country’s agricultural value chains.
The facility, announced by the government in August, will provide eligible investors with loans at an annual interest rate of 5%.
Financing can be used to purchase agricultural machinery, livestock equipment and other productive assets required to…
