Home Societe JTF Madagascar SARL Societe JTF Madagascar SARL In brief Societe JTF Madagascar SARL was established by the Italian renewable energy company Tozzi Green SpA in 2010. The company now concentrates on food crops such as maize, soya beans and geranium cultivation. The company produces food and feed crops for the local market. The Project Company operates a large-scale farm in Satrokala and Andiolava towns in the district of Ihosy, about 660 km from Antananarivo. The farm is entirely supported by independent wind and solar energy and is not connected to the grid. Societe JTF Madagascar aims to expand cultivation from 5,425 hectares to 6,981 hectares. Main development impact The investment impacts agriculture productivity in a country with a significant need for modern agriculture technology. It increases domestic production of maize and soya used for food and chicken feed and processes geranium oil for export. Further, the project company is an important local supplier of maize for the UN World Food Program, which delivers food to the most vulnerable segments of the population in Madagascar. The company also supports local income-generating activities by creating formal employment and additional income sources (such as post-harvest collection and smallholder programs). It contributes to farmers’ food security by improving access to local seed varieties and seed security. This project is a gender investment: 43% of senior managers in the company are women. Finnfund applies the 2X Challenge criteria to its gender investments. Investment details Name: Societe JTF Madagascar SARL Project number: 80000153 Region: Africa Country: Madagaskar Sector: Agriculture Signing date (month/year): December 2019 Currency: EUR Finnfund's financing (commitment): 3,750,000 Instrument: Loan Size of the project financing: EUR 10 million bslance sheet Share of Finnfund's financing (%): 38 % Status: Active Website: https://www.tozzigreen.com/en/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.December Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: Societe JTF Madagascar SARL Sector: Agriculture Region: Africa Country: Madagaskar Currency: EUR Finnfund's financing (commitment): 3,750,000 Signing date (month/year): December 2019 Last update: December 2019