in Short
Ghana $ 2 million from DEG to create cocoa processing unit
The German bank DEG (Deutsche Investitions und Entwicklungsgesellschaft), a subsidiary in charge of the private sector of the development agency KfW, granted a loan of € 2 million to Munich start-up fairafric GmbH, specialized in the production and marketing of bio-fair trade chocolate bars since 2016. The loan will help create a chocolate production plant in Ghana.