Gambian-based EM Holding has announced it has signed a Memorandum of Understanding (MoU) with non-bank financial institution Reliance Financial Services to enhance poultry production in Gambia
The company, who is engaged in the business of industrialising poultry farming in Gambia, said that it expected the MoU will provide it the opportunity to work with Reliance Finance Services to provide finance to the out-growers in the poultry farming valued chain at their Farato farm.
Reliance Financial Services, managing director, Baboucarr Khan, signed the agreement on behalf of his company while EM Holdings chairman, Edrissa Mass Jobe, who represented his company signed the MoU.
At the signing ceremony Jobe highlighted the importance of the occasion, which was to launch the Farato Hatchery Farms and the signing of the MoU with Reliance Financial Services.
“Today, we are proud to see the benefits of partnering with EM Holdings for the achievement of this magnificent edifice the first of its kind in The Gambia,” said Pa Ousman Njie, the general manager Corporate and Institutional Banking at the FI Bank.