JTF Madagascar

Subsidy : December 2019

JTF Madagascar is a Malagasy company created in 2010 and which is involved in the production of maize, soya and Geranium Bourbon for essential oil. The company is a subsidiary of Tozzi Green SpA, an Italian group focused on renewable energy.

Amount

€ 59,581.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Madagascar

Investment field

Enterprises

Activity

Agribusiness

Organisation

JTF Madagascar

Domicile

Italy

More investments in

JTF Madagascar

  • Debt € 3,750,000.00 (2019)

In the framework of BIO's loan to JTF Madagascar, a technical assistance subsidy was granted to the company in order to improve and institutionalize their community dialogue and land use policy and to better assess the development impact of its operations.

The proposed consultancy expertise includes the following components:

  • Socio-economic baseline study to complete gaps in the Environmental Impact Assessment, develop a monitoring plan to assess long term development impacts and inform JTF’s future land acquisition decisions accordingly ;
  • Development of an E&S Management System (ESMS) (e.g. consultation database, grievance mechanism) with selected management plans, tools and the associated electronic databases;
  • Training the staff on best E&S practices, and implementation of the newly developed procedures (ESMS).

The objective of this technical assistance is to support the institutionalization and upgrade of their current practices thereby meeting international standards and best industry practices in social and community management.

Read impact and news about this project

JTF Madagascar financed by DFIs Finnfund & BIO

News

JTF Madagascar financed by DFIs Finnfund & BIO

22-01-2020

Finnfund and BIO have invested in JTF Madagascar, an agricultural company owned by the Italian renewable energy company Tozzi Green.

Read more

View more of our investments in this region

ACEP Group

Financial Institutions

ACEP Group

  30,900.00

  Burkina Faso, Cameroon, Madagascar, Niger, Senegal

  30/07/2018

  Subsidy

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  100,000.00

  Côte d'Ivoire, Ghana, Madagascar

  05/05/2020

  Subsidy

JTF Madagascar

Enterprises

JTF Madagascar

  3,750,000.00

  Madagascar

  25/11/2019

  Debt

ACEP Group

Financial Institutions

ACEP Group

  4,100,000.00

  Burkina Faso, Cameroon, Madagascar, Niger, Senegal

  14/10/2019

  Equity

Adenia Capital IV LP

Investment Companies & Funds

Adenia Capital IV LP

  9,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  01/11/2016

  Equity

ACEP Group

Financial Institutions

ACEP group

  67,512.00

  Burkina Faso, Cameroon, Madagascar, Niger, Senegal

  23/07/2019

  Subsidy

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  5,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/02/2012

  Equity

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  100,000.00

  Côte d'Ivoire, Ghana, Madagascar

  19/05/2016

  Subsidy

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  150,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/09/2012

  Subsidy