Connect with us

Hi, what are you looking for?

Business

CFC Opens Funding Opportunities for Agribusinesses in the Maldives

The Common Fund for Commodities (CFC) has opened applications for financial support aimed at transforming commodity value chains and strengthening smallholder and SME-based enterprises in the Maldives.

The Ministry of Agriculture and Animal Welfare announced that as a member country of the CFC, the Maldives is eligible for this funding opportunity, encouraging local farmers and agribusinesses to apply.

Advertisement


The CFC provides financial and technical support to a wide range of stakeholders, including small and medium enterprises (SMEs), cooperatives, and International Commodity Bodies (ICBs). A particular emphasis is placed on women-led agricultural ventures, ensuring greater inclusivity in the sector.

Funding will be offered in the form of loans for capital expenditures, working capital, or trade finance, allowing businesses to invest in productivity improvements and enhance value chains that involve small-scale farmers and SMEs.

Interested parties must submit their applications by April 1. Proposals should demonstrate strong operational and financial viability while also meeting economic, social, and environmental sustainability standards.

This funding initiative presents a major opportunity for Maldivian agribusinesses to secure financial backing and implement projects that can drive sector-wide growth and resilience.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

News

Bank of Maldives (BML) is selling an average of USD 2.7 million in foreign currency each day through card transactions, telegraphic transfers and other...

News

The Prosecutor General’s Office (PGO) has launched an ambitious two-year digital transformation programme that will modernise prosecution services through artificial intelligence, digital case management...

News

The government has officially launched the My Career Portal, a new digital platform designed to bring together job opportunities, career guidance and recruitment services...

News

The Maldives is set to host the 15th International Congress of Anaesthesiologists of SAARC Countries (SAARC-AA Congress 2026) for the first time, bringing together...