Press release
2nd Mar, 2026
Olam Agri secures 7-year US$100 million financing from FMO
Singapore
Olam Group Limited (“Olam Group”) announced today that its food, feed and fibre operating group, Olam Agri, has secured a 7-year US$100 million financing facility (“the Facility”) from Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”).
The Facility has Olam Agri subsidiaries, namely, Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as borrowers. The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger of Olam Agri.
Olam Agri will use the proceeds to support the flow of rice from India, Thailand, and Vietnam to African countries that depend on rice as a dietary food staple. This contributes to food security and strengthens value chain resilience in those markets.
Hans Bogaard, Director Agribusiness, Food & Forestry at FMO, said: “We are pleased to support Olam, a founding member of the Sustainable Rice Platform that promotes low-emission, water-efficient rice farming. Its c
Blog
20th Mar, 2023
Building a Business that Conserves Forests, One Step At a Time
“I have worked in the Congo basin for years, but nothing could have prepared me for the moment when I was just steps away from Buka, who belongs to one of the four groups of habituated silverback gorillas living in the vicinity of our forest concessions in the Congo Basin,” says Vincent Istace, Head of Corporate Responsibility & Sustainability at Congolaise Industrielle des Bois (CIB), an Olam Agri subsidiary.
Personal pictures of Paki Paki taken by Vincent Istace in 2021. © Vincent Istace
“This landscape is ideal for wildlife viewing compared to other natural forests in the area. The forest is more open, making it easier to see and spot gorillas and other wildlife. This feature has made sites such as Mondika one of the world’s most interesting spots for the study of great apes.
It may surprise some to hear that critical gorilla and chimpanzee habitats around the buffer zones of Nouabale-Ndoki National Park, are also where sustainable timber harvesting is practiced.”
Forest