The Director-General of the Zambezi Agency, Celso Cunha, believes that the Innovative Financing Line for Agribusiness (FINOVA) will facilitate access to financing through collateral credit guarantees, climate insurance and technical assistance, facilitating financing for leading companies in value chains.
According to Celso Cunha, this financing instrument could benefit small rural producers by giving them access to the market, with minimised risk through climate insurance, which is an innovative practice in this project, in addition to technical assistance. The official made the comments today during the launch ceremony for the Innovative Financing Facility for Agribusiness (FINOVA), valued at EUR 45.5 million (forty-five million five hundred thousand euros) provided by German Financial Cooperation through KfW – German Development