Office des Cereales - Working Capital

About this project

Provision of up to EUR 150 million sovereign loan (the "Loan") for the benefit of Office des Cereales ("ODC" or the "Company"). ODC is a Tunisian state owned office in charge of international and national procurement, storage, and sales and distribution of durum wheat, wheat, and barley in Tunisia. The Loan will finance ODC's working capital needs related to their international purchase of grains. In light of the ongoing war on Ukraine and the disruption caused in international grain supply and record high prices, the bank aims to support the Tunisian government through the provision of a loan to ensure availability of liquidity for ODC's international grain purchases, and hence contribute to the country's food security. In parallel to financing, the Bank will also seek to mobilise a technical cooperation ("TC") package to (i) support ODC to increase the efficiency of its operations and adoption of best business and governance standards; and (ii) conduct a review of the Tunisian grain value chain and develop subsequently some recommendations addressing structural weaknesses in the Tunisian grain sector.

Published by

European Bank for Reconstruction and Development · Multilateral

Countries

Tunisia

Sectors

Agricultural services

Places

TUNIS

Funded by

European Bank for Reconstruction and Development

Implemented by

OFFICE DES CEREALES

Published by European Bank for Reconstruction and Development to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EBRD-53812.

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