IFC to invest $10m in Sri Lankan agribusiness Anthoney's Farms

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a major investment commitment in Anthoney's Farms, positioning the Sri Lankan agribusiness as a model for sustainable farming in the region. The IFC's decision to provide up to USD 10 million in funding reflects confidence in the company's environmental and social governance standards.

Anthoney's Farms has gained recognition internationally for its approach to sustainable agriculture, demonstrating practices that balance commercial viability with environmental stewardship. The investment signals growing institutional support for agricultural enterprises in Sri Lanka that prioritise sustainable operations alongside productivity.

The IFC, which focuses on private sector development in emerging markets, regularly identifies and supports businesses that meet global sustainability benchmarks. This investment in Anthoney's Farms underscores the potential for Sri Lankan agricultural ventures to attract international capital when they demonstrate commitment to responsible business practices.

The funding is expected to support the expansion and enhancement of operations at Anthoney's Farms, potentially creating employment opportunities and contributing to agricultural sector development in Sri Lanka. The partnership reflects broader efforts to promote sustainable farming models across South Asia.