IFC, EU, and the Netherlands Back Ukraine’s Astarta to Boost Jobs, Agriculture, and the Economy

  • New $40 million financing package to establish Ukraine’s first soy protein concentrate plant
  • Funds de-risked with guarantees from the EC’s Ukraine Investment Framework and the government of the Netherlands in support of IFC’s Economic Resilience Action (ERA) Program
  • Investment to create jobs, enhance agri-competitiveness, and diversify exports

Kyiv, Ukraine, May 14, 2025IFC today announced a $40 million investment in Astarta, a leading Ukrainian agricultural group, to support the construction of the country’s first soy protein concentrate plant. The investment is in line with an up to $80 million financing package approved by IFC’s Board of Directors on April 1, 2025. The project is expected to boost employment, enhance agricultural productivity, and drive economic growth.

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Information session on international financing options for reconstruction projects in Ukraine

Are you interested in contributing to Ukraine’s reconstruction and looking for financial opportunities? Then join our information session on international financing options for reconstruction on 13 February 2025. We will inform you about the opportunities that international financial institutions (IFIs) can offer you.

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Informatiebijeenkomst internationale financieringsopties voor wederopbouwprojecten in Oekraïne

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Thursday 13 February 13:00 (CET) Register

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Information session on international financing options for reconstruction projects in Ukraine

Are you interested in contributing to Ukraine’s reconstruction and looking for financial opportunities? Then join our information session on international financing options for reconstruction on 13 February 2025. We will inform you about the opportunities that international financial institutions (IFIs) can offer you.

Bekijk deze pagina in het Nederlands

Informatiebijeenkomst internationale financieringsopties voor wederopbouwprojecten in Oekraïne

Register

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Ontdek internationale financieringsopties voor wederopbouwprojecten in Oekraïne

Donderdag 13 februari 2025 | Den Haag

 

Beste ondernemer,

U heeft eerder aangegeven dat u interesse heeft in zakendoen met Oekraïne. We vertellen u daarom graag als eerste over een belangrijk evenement, dat wij op 13 februari organiseren in Den Haag.

Tijdens dit evenement hoort u alles over Internationale Financiële Instellingen (IFI’s) en hoe zij bedrijven financieren bij de wederopbouw in Oekraïne. Wilt u als Nederlands bedrijf actief meehelpen met de wederopbouw? Dan kunt ook u in aanmerking komen.

IFI’s investeren veel geld in de wederopbouw in Oekraïne. Tijdens het evenement leggen experts u uit welke financiering beschikbaar is en hoe u hiervan gebruik kunt maken. Ook leggen zij uit hoe het officiële tenderproces werkt. U ontvangt waardevolle informatie, die u een streepje voor geeft in het uitgebreide aanvraagproces.

Zet 13 februari 2025 dus in uw agenda! Binnenkort vindt u op rvo.nl meer informatie over het programma en aanmelden.

Met vriendelijke groet,

De Rijksdienst voor Ondernemend Nederland

 
 
 

 

Updated Ukraine Recovery and Reconstruction Needs Assessment Released

KYIV, February 15, 2024—After almost two years of Russia’s full-scale invasion of Ukraine, an updated joint Rapid Damage and Needs Assessment (RDNA3) released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations currently estimates that as of 31 December 2023 the total cost of reconstruction and recovery in Ukraine is $486 billion over the next decade, up from $411 billion estimated one year ago.

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Ukraine; Supporting and Opportunities

Russia’s invasion of Ukraine continues to inflict a devastating toll on the country and is780-ukraine-030722 causing serious global repercussions. Ukraine’s recovery, reconstruction, and operating needs are staggering. According to the recent Rapid Damage and Needs Assessment (RDNA2), the estimated cost of Ukraine’s recovery and reconstruction stands at $411 billion over the next decade. For 2023, Ukraine is facing an additional funding gap of $11 billion for critical economic and capital expenditures. The highest needs are in transport (22%), housing (17%), energy (11%), social protection and livelihoods (10%), explosive hazard management (9%) and agriculture (7%).

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Rethinking Development in an Age of Crisis

Nowhere is the impact of recent crises – the lingering economic consequences of COVID-19 anna_b_blog_1140x500.jpgand the global spillover effects of Russia’s war in Ukraine – being felt more acutely than in the developing world.  People in poor countries are struggling to cope with higher food and fuel prices and unsustainable debt, while schoolchildren are still suffering from learning loss caused by the pandemic. In many places, economic growth has stalled.

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Governing Effectively During Challenging Times

 

Governments worldwide are facing overlapping crises, including COVID-19, debt, climate change, and conflict, which challenge their ability to provide essential public goods and services to their people, especially the most vulnerable. Fiscal constraints, climate-related disasters, wars, and lack of legitimacy often limit governments’ capacity to act effectively.

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Spring Meetings 2023: Toward a New Era

At this year’s World Bank Group-IMF Spring Meetings, management and shareholdersSM23-Gender-Melinda-780 recommitted to the institution’s vision of a poverty-free world and pledged to explore new solutions to tackle an ever-present set of threats to development and the lives of the poor—from stress in the banking sector and persistent inflation to rising debt, Russia’s invasion of Ukraine, and the mounting dangers of climate change.

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