- 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, 2025—IFC 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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causing serious global repercussions. Ukraine’s recovery, reconstruction, and operating needs are staggering. According to the recent
and the global spillover effects of Russia’s war in Ukraine – being felt more acutely than in the developing world.
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.