CFC Executive Board approves 11 new impactful projects to benefit over 148,000 smallholders
Amsterdam, 1 October 2025 – The Executive Board of the Common Fund for Commodities (CFC), meeting for its 80th session in Amsterdam, approved 11 new projects aimed at enhancing sustainable livelihoods across Africa, Asia, and Latin America.
Together, the investments amount to approximately USD 12.8 million in loans and grants and are expected to benefit more than 148,0001 smallholder farmers and entrepreneurs, creating jobs, improving incomes, and strengthening value chains in key commodities such as coffee, cocoa, cashew, vanilla, and microfinance. These investments are also expected to unlock more than USD 73.8 million in total project value.
The projects span nine countries across Africa, Asia, and Latin America — from Cameroon and Côte d’Ivoire to the Philippines and Peru — empowering smallholders and SMEs to build resilient, value-added commodity sectors that drive inclusive and sustainable growth. They include:
- Kennemer Holdings Pte (Philippines) – USD 2,000,000 to finance sustainable cacao sourcing and farmer training.
- NGASSAM Farm SARL (Cameroon) – USD 500,000 to expand local cocoa production and improve processing.
- ECOCAJOU SA (Côte d’Ivoire) – EUR 700,000 to enhance cashew processing capacity and boost exports.
- JKCC General Supplies (Uganda) – USD 1,000,000 in working capital to support coffee farmers and exporters.
- COOPADE (DR Congo) – USD 500,000 to empower smallholder coffee producers and cooperatives.
- Enimiro (Uganda) – USD 1,500,000 to scale up vanilla production with improved traceability systems.
- VisionFund International (USA) – EUR 2,000,000 to strengthen rural microfinance lending for agricultural SMEs in more than 17 CFC member countries.
- Adom Cocoa Buying Company Limited (Ghana) – USD 1,000,000 to promote sustainable cocoa sourcing.
- Johnvents Group (Nigeria) – USD 2,000,000 to support cocoa processing and export growth.
- FEJCEM (Mexico) – USD 750,000 to provide trade finance for coffee cooperatives.
- Cenfrocafe (Peru) – USD 750,000 to strengthen farmer-owned coffee marketing initiatives.
Strengthening Institutional Capacity and Climate Action
In addition to approving new investments, the Board endorsed the CFC Operational Programme for 2026 and adopted key institutional frameworks including the Social and Environmental Management System (SEMS), Gender Policy, Procurement Policy, Data Protection Policy, and Whistleblower Protection Framework—all reinforcing the CFC’s commitment to transparency, equity, and sustainability.
The Executive Board also authorized the CFC to proceed with its accreditation application to the Green Climate Fund (GCF), opening new avenues to channel climate finance to smallholders and commodity-dependent communities.
“Through these initiatives, the CFC is expanding its reach and impact—mobilizing resources where they can deliver the greatest social, environmental, and economic returns,” added Ambassador Belal.
The next meeting of the Executive Board will be held in April 2026.
1 This estimated number of smallholder farmers excludes the estimated 11 million smallholder farmers reached by Vision Fund.
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