ALEMA KOUDIJS FD (IFC-43214)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Ethiopia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Bishoftu town in Oromia Region
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
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
May 30, 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
ALEMA KOUDIJS FEED PLC
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
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)
$ 10.00 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.
Loan Amount (USD)
$ 10.00 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.
Project Cost (USD)
$ 12.30 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.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Apr 28, 2026

Disclosed by Bank Apr 24, 2026

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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.

As stated by the IFC, Alema Koudijs Feed PLC (“AKF”) is an Ethiopian-based animal feed producer (https://www.alemakoudijs.com/) located in Bishoftu town in Oromia Region. The company uses locally sourced materials (maize, soybean) for the production of animal feed for local livestock producers. AKF is a Joint-Venture (JV) between Alema Farms PLC and De Heus Animal Nutrition - deheus.com. The proposed IFC investment is a corporate loan up to US$10 million equivalent to AKF in local currency (Ethiopian Birr) which specific use of proceeds will finance AKF’s capital and operational expenditure (CAPEX/OPEX) for the:

(i) expansion and improvements of feed production equipment within the existing feed mill;
(ii) increase capacity of storage facilities, including establishment of new storage facilities;
(iii) improvement of fire detection, suppression and firefighting equipment at the feed mill; and
(iv) working capital to support sourcing of raw materials.

A comprehensive advisory services program is being developed by IFC to support the Company in the following areas:

(1) training and coaching of aggregators on sustainable sourcing using Agribusiness leadership program;
(2) support the development of Environmental and Social Management System; and
(3) viable Digital traceability solutions.

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

As stated by the IFC, the total project cost is expected to be approximately US$12.3 million. The proposed investment is an own account A Loan of Up to US$10 million equivalent in Ethiopian Birr (ETB).

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.

As stated by the IFC, AKF is owned by De Heus Animal Nutrition BV (51%) and Alema Farms PLC (49%).

As stated on the company's website, Alema Farms PLC is one of the leading private integrated farms in Ethiopia.

As stated on the company's website, De Heus Animal Nutrition B.V. offers animal food and feed products and services. The Company produces and exports compound feed, premixes, concentrates, and feed specialities. De Heus Animal Nutrition serves livestock and aquaculture customers worldwide.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
Alema Farms PLC Client Agriculture and Forestry contracts with De Heus Animal Nutrition Client Agriculture and Forestry

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.

Client - Alema Koudijs Feed PLC:

Piet Schutter - General Manager
Phone: +251 11 433 0662
Email: piet@alemakoudijs.com 
Address: P.O.Box 1162, Ziquala Road, Bishoftu, Ethiopia
Website: www.alemakoudijs.com  

General IFC Inquiries - IFC Communications:

Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works