Olam Global Agri Pte. Ltd (FMO-64877)

Regions
  • Africa
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cameroon
  • Ghana
  • India
  • Ivory Coast
  • Liberia
  • Mozambique
  • Senegal
  • Thailand
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Feb 11, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Olam Global Agri Pte Ltd; Olam Global Agri Treasury Pte Ltd
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ FMO website

Updated in EWS May 12, 2026

Disclosed by Bank May 28, 2025

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Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the funding objective is to provide a USD 100 million senior unsecured 7-year bilateral term loan to Olam Global Agri Pte Ltd and Olam Global Agri Treasury Pte Ltd. The proceeds from this loan are used to finance Olam Agri's working capital requirements for rice trade flows from Thailand, India, and Vietnam to various African countries, including the Ivory Coast, Cameroon, Mozambique, Ghana, Liberia, and Senegal.

The investment in Olam Agri is driven by the company's alignment with strategic goals in the agri-commodities sector, enhancing portfolio diversification and providing stable income. This funding supports food security in African countries, strengthens Olam Agri's sustainability practices, and mobilizes additional resources from risk participation partners, contributing to broader economic development and environmental goals. Additionally, the transaction qualifies for the Reducing Inequalities (RI) label as it enhances access to staple foods in lower-middle and low-income African countries.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

This considers E&S category B+ exposure due to the potential adverse environmental and social (E&S) risks and impacts associated with the business activities, which can be addressed through relevant mitigation measures. Key E&S issues are specifically related to the rice supply chain, next to the processing assets under operational control, and cover, e.g., labour and working conditions (PS-2), biodiversity (PS-6), environmental pollution and resource efficiency (PS-3), occupational and community health and safety (PS-2/4), and community relations and stakeholder engagement (PS-1).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

A USD 100 million senior unsecured 7-year bilateral term loan.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The borrowers are Olam Global Agri Pte Ltd and its subsidiary Olam Global Agri Treasury Pte Ltd. Olam Agri is a leading global agribusiness focused on the origination, processing, and merchandising of various agricultural commodities, including grains, oilseeds, rice, edible oils, animal feed, protein, cotton, wood products, and rubber. It operates in over 35 countries and serves more than 10,000 customers worldwide. Olam Agri Treasury is responsible for securing and centralizing Olam Agri's financing.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Olam Global Agri Pte Ltd Client -
- - - - Olam Global Agri Treasury Pte Ltd. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

https://www.olamagri.com/

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: disclosure@fmo.nl

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW). A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism

How it works

How it works