News and Updates

On May 23, TXF Limited hosted the 6th edition of its global commodity finance dinner in Amsterdam, a night during which clients, colleagues and market experts came together to celebrate the achievements of the industry. 

Sucafina announced today US$ 5 million in seed funding and working capital over the next 3 years to invest in alternative projects on agency banking, grain and banana production, as well as circular economy models for supplying goods and services to farmers living in proximity to the Group’s assets in East Africa.

Ugacof, Sucafina’s sister company in Uganda, has been named as 'Exporter of the Year' in the 2018 annual Presidential Exporters Awards held on March 7, 2019, at the Imperial Royale Hotel in Kampala, Uganda.

Sucafina is pleased to announce today the signing of a definitive agreement to acquire MTC, a leading specialty coffee trader. 

Nicolas A. Tamari, CEO of Sucafina, awarded the 2018 Sucafina Prize of Excellence to Clayton Philippoz, a student at the Geneva School of Economics and Management (GSEM) for his Master's Thesis in Commodity Trading.

Sucafina SA's Geneva office has undergone an extension and renovation, making it an even better place to work.

Sucafina employees in Brazil and Colombia are feeling happier and more comfortable following the renovation of their local offices. The workplaces look brighter and are equipped with brand new art furniture and kitchen. The walls are even painted with urban street art.

During TXF's global commodity finance dinner, held in Amsterdam on May 17, Sucafina was privileged to win the Overall Commodities Finance Deal of the Year Award as part of the Perfect 10 Deals of the Year awards for commodity finance.

Sucafina has reached a milestone this month, celebrating 40 years of history. Four decades on, the company has grown from the dream of its founder – Abdallah W. Tamari – to a company with over 850 employees in 23 countries.

Sucafina is pleased to announce the successful closing of a senior secured US $300 million Syndicated Borrowing Base Facility. Participating in this 11-bank syndicate are long-time bilateral lenders to Sucafina as well as new partners.