30th Aug, 2022
ofi secures inaugural US$1,975 million sustainability-linked loan
Singapore olam food ingredients (“ofi”), a global leader in naturally good food & beverage ingredients, announced today that it has secured a multi-tranche sustainability-linked facility aggregating US$1,975 million (the “Facility”). ofi was created in early 2020 following the announcement of the re-organisation within Olam International Limited (now Olam Group Limited “Olam Group”) to unlock and maximize its long-term value. Rishi Kalra, Executive Director and Group CFO of ofi said: “At ofi, sustainability is at the heart our operations. This Facility is fully aligned with ofi’s growth strategy to deliver sustainable, natural, value-added food and beverage ingredients and solutions through a diverse channel mix, to customers across the globe.” The Facility has Olam Holdings B.V. as a Borrower. The Facility is initially guaranteed by Olam Group which will transfer to ofi Group Limited post the planned IPO and demerger of ofi. Proceeds from the
28th Oct, 2022
Olam Agri Cameroon marks World Breast Cancer Awareness Month
In honor of Breast Cancer Awareness Month, Riz Mémé in partnership with Olam Agri Cameroon, launched a week-long awareness campaign to spread knowledge on breast cancer, its preventive measures, and ways to combat the disease. The campaign included various activities highlighting the importance of adopting a healthy lifestyle, methods of prevention, early detection, screening and a donation exercise.
16th Nov, 2022
Enhancing Workforce Nutrition in Ghana
As part of its efforts to improve workplace nutrition and promote healthy living among employees, Olam Agri Ghana is providing fortified rice to employees across all 6 locations during lunchtime.