Support the expansion of a sustainable date farm and the planting of over 21,000 new Medjool date palms with your investment, thereby promoting the social and economic development of a highly underserved region in Egypt.

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UN Development Goals (SDGs)


Overview of the Packaged Investment Product
The overall project has a funding target of 2,275,650 EUR (including bettervest fees). This total will be financed in individual tranches, with this specific tranche having a funding target of 1,500,000 EUR. The figures and information presented in the text refer to the entire project.
Project intent
Dates are currently considered a global superfood - and demand is rising rapidly worldwide. As the world’s largest date producer, Egypt holds tremendous untapped potential. This is precisely where the project by EG for Agriculture (legal name: The Egyptian International Company for Trade and Distribution) comes in: by expanding a sustainably managed date farm in Egypt’s western desert, the initiative connects regional development with global market demand.
At the heart of the project is the construction of a modern processing facility for fresh dates and high value date-derived products such as stuffed dates, date paste, date syrup, and date powder. In addition, around 300 hectares of new cultivation land will be developed and approximately 21,000 additional Medjool date palms will be planted. By sourcing dates from local smallholder farmers, the project strengthens the supply chain and creates broader market access.
As part of the expansion, the solar powered irrigation infrastructure will also be significantly scaled up - a key step toward climate friendly and resource efficient agriculture. By 2028, the farm’s production volume is expected to more than double a forward-looking agricultural investment with ecological, social, and economic value.
Social & Economic impact
EG for Agriculture actively strengthens the social and economic development of a highly underserved region in Egypt. The project integrates local smallholder farmers into a partnership-based model that gives them access to new markets, technical know-how, and stable sales channels. By aggregating their harvests through the company, their income is stabilized and improved in the long term. This partnership model improves the competitiveness of the entire region and opens up new economic opportunities — both locally and internationally.
In addition, the company creates qualified jobs with fair wages, social benefits, and opportunities for professional growth. Investments in modern processing facilities and product innovation enhance the regional value chain.
EG for Agriculture actively strengthens the social and economic development of a highly underserved region in Egypt. The project integrates local smallholder farmers into a partnership-based model that gives them access to new markets, technical know-how, and stable sales channels. By aggregating their harvests through the company, their income is stabilized and improved in the long term. This partnership model improves the competitiveness of the entire region and opens up new economic opportunities — both locally and internationally.
In addition, the company creates qualified jobs with fair wages, social benefits, and opportunities for professional growth. Investments in modern processing facilities and product innovation enhance the regional value chain.
Climate Protection
The farm already saves approximately 255 tons of CO₂ per year through the use of solar energy. With the implementation of the project, solar capacity will increase to 0.5 megawatts by 2027, raising annual CO₂ savings to 850 tons. The project itself will therefore contribute an additional 595 tons of CO₂ reduction per year, making a significant impact on emissions reduction. In addition, the project will have planted over 97,000 trees across a mix of indigenous species when fully implemented, which provides long term CO₂ sequestration and further strengthens the company’s climate friendly approach.
Established, sustainable company
EG for Agriculture was founded in 2017 and operates one of the largest organic date farms in Egypt. The farm is located in the Bahariya Oasis in the Western Desert of Egypt (Al Wahat) and covers a total area of 700 acres, of which 570 acres are dedicated to cultivation. The company's mission is to modernize the sustainable cultivation and processing of dates in order to preserve their long-term value for future generations.
The company’s main revenue is generated from the sale of Medjool dates, which accounted for approximately 80% of total revenue in 2024. An additional 20% came from the sale of date palm seedlings.
As of March 2025, EG for Agriculture employs around 70staff members across agriculture, processing, and administration – in addition to seasonal workers.
Risk reduction measures
To enable risk-mitigating measures despite the subordinated loan structure, a special purpose vehicle named Afrika Emissions 8 UG (haftungsbeschränkt) was established in Germany for the crowdfunding campaign on bettervest. This entity acts as the borrower in the project. It forwards the raised capital as a secured loan to the project owner in Egypt, The Egyptian International Company for Trade and Distribution (EG for Agriculture). The shareholders and managing directors of Afrika Emissions 8 UG (haftungsbeschränkt) are independent of EG for Agriculture.
Corporate Guarantee:
In the event of a payment default by The Egyptian International Company for Trade and Distribution, the holding company in formation, Ancient Grove Inc., guarantees the repayment of the loan.
Liquidity Buffer:
In addition, Afrika Emissions 8 UG (haftungsbeschränkt) will be equipped with a liquidity buffer of 1.24% of the net proceeds (also raised through the crowdfunding campaign) to enable it to intervene in the event of repayment difficulties on the part of the local partner, The Egyptian International Company for Trade and Distribution, or to initiate legal action if necessary.
Pledging of Assets and Contracts:
Project description
Dates on the Rise – Egypt Unlocks Its Potential
Dates are experiencing a true boom worldwide. As a nutrient-rich, naturally sweet, and versatile fruit, they are increasingly valued as a superfood—whether in healthy diets, organic product lines, or as a natural sugar alternative in the food industry. The demand for high-quality date products continues to grow, driven by trends toward health, sustainability, and conscious nutrition.
Egypt plays a key role: With around 1.8 million tons annually, the country has one of the world’s largest date exports and represents 18% of global production (as of 2023). Despite this impressive production volume, Egypt’s share of global date exports remains low—mainly due to high supply chain fragmentation, low market access and lack of infrastructure, making it difficult for Egyptian growers to meet international quality standards.
To address this, the Egyptian government—together with the FAO and the “One Country One Priority Product” (OCOP) initiative—has launched a national strategy for sustainable date palm development (2024–2029). The goal is to expand quality control, professionalize processing, and promote the cultivation of high-value varieties like Medjool. At the same time, national programs have been launched to expand date palm cultivation, with the ambitious target of planting 2.5 million new palms.
EG for Agriculture (legal name: The Egyptian International Company for Trade and Distribution) is a company actively contributing to this vision—with a clear focus on sustainable value creation, climate-resilient agriculture, the use of renewable energy, education, awarness and principles of the circular economy. The result is a model that is not only comercially viable, but also ecologically and socially impactful.
Sustainable Value Creation in the Desert: Expansion of an Ecological Date Farm in Egypt
The project by EG for Agriculture strengthens the local date industry. The existing farm in Egypt’s Western Desert is being developed into a future-oriented production site for premium dates. The aim is to sustainably increase production volume, enable on-site processing, and integrate smallholder farming structures in the region.
The project is divided into three central measures:
1. Construction of a Modern Processing Facility
To meet international export standards, a sorting and packaging line will be established that cleans fresh dates, sorts them by quality and size, and packages them for export according to client specifications, and meeting international quality standards. The new production site also includes construction, installation, and infrastructure measures, as well as the acquisition of all necessary certifications (e.g., ISO) to ensure quality along the entire value chain.
In addition, the facility enables the production of attractive value-added products intended for both the local and international markets. These include premium refined dates such as chocolate-coated or filled varieties, healthy snack products, as well as date paste, date syrup, date powder, and other processed forms specifically developed for the food and beverage (F&B) industry and agri-industrial further processing. In this way, the date is positioned not only as a fresh product but also as a versatile ingredient – with great potential for innovation and market expansion.
2. Expansion of Farm Infrastructure
To expand the cultivation area, approximately 300 additional hectares will be developed – providing space for around 21,000 new Medjool date palms. This includes land leveling and preparation, the expansion of the solar-powered irrigation system, new internal pathways, and a nursery for raising future seedlings. Operating costs related to soil preparation and the introduction of sustainable farming methods are also part of this project.
3. Financing of Working Capital for Fulfilling Export Contracts
To fulfill existing export contracts, additional dates will be sourced from small, neighboring farms. This strengthens local producers and gives them access to the international market. In addition, packaging materials will be procured and storage costs covered – a central component for a smooth logistics chain.
Through the planned measures, the number of date palms on the farm will more than double – from the current 21,000 to around 42,000. By 2028, a production increase of approximately 432,020 kgs of dates is expected. The project represents innovative, socially responsible, and climate-conscious agriculture in one of the world’s most challenging regions – and offers investors the opportunity to become part of this success story.
EG for Agriculture actively contributes to 9 of the United Nations Sustainable Development Goals (SDGs) through its business model:
SDG 1 – No Poverty
EG for Agriculture strengthens the economic independence of local smallholder farmers through a partnership based model that aggregates their harvest and provides access to stable sales channels. Their integration into the value creation process opens up new income opportunities for small farms in a structurally weak region.
SDG 2 – Zero Hunger
As a sustainable agricultural enterprise, EG for Agriculture contributes to food security. The company develops climate resilient food systems that produce high quality and nutrient rich dates to meet the growing demand for healthy nutrition.
SDG 3 – Good Health and Wellbeing
The company’s main products are dates and date based goods, which are considered natural superfoods. They replace conventional sugar with healthy sweeteners and serve as natural flavoring and coloring agents in health conscious food products.
SDG 7 – Affordable and Clean Energy
A large portion of the farm’s energy needs is met through solar power. The use of renewable energy in agricultural production demonstrates how clean energy sources can be successfully deployed in rural areas.
SDG 8 – Decent Work and Economic Growth
The company creates high quality jobs with fair wages, social benefits, and opportunities for professional development. By investing in infrastructure in an underdeveloped region, it fosters regional economic growth and enables long term employment.
SDG 9 – Industry, Innovation and Infrastructure
EG for Agriculture invests in modern processing facilities and innovative product development to expand the local date value chain. The company also leverages its business model as a large industrial player in the region, to the benefit of local farmers with whom it partners, thereby strengthening the industrial foundation of the region.
SDG 12 – Responsible Consumption and Production
The company relies on resource efficient irrigation systems, minimizes waste through circular economy principles, and utilizes organic byproducts such as palm waste. Sustainable operations are at the core of its production approach.
SDG 13 – Climate Action
By planting large numbers of date palms, mahogany, and casuarina trees, EG for Agriculture actively and naturally removes CO₂ from the atmosphere, which is then stored in the tree and soil. This is complemented by agroforestry and regenerative farming methods that contribute to long term soil improvement and climate stability.
SDG 15 – Life on Land
EG for Agriculture promotes biodiversity by planting various tree species, including indigenous ones. These trees create habitats, serve as natural barriers against desertification, and support the preservation of ecologically sensitive areas.
Investments in organic date cultivation, solar powered irrigation, and modern processing technologies make a significant contribution to the development of climate resilient agricultural systems in Egypt. By expanding farm infrastructure and enabling local processing, EG for Agriculture not only increases productivity but also reduces emissions along the supply chain.
Solar Powered Irrigation
EG for Agriculture relies on solar energy to irrigate its farm in the Bahariya Oasis. The company currently covers approximately 60-70 percent of its energy needs through three existing solar power stations with a combined capacity of 150 kilowatts. These systems power the pumping and distribution of water through the drip irrigation systems across the planted fields of the farm. In the next development phase, solar capacity will be increased to 500 kilowatts, to service newly cultivated fields and reducing CO₂ emissions from operations.
CO₂ Sequestration Through Reforestation
A core part of EG’s climate protection strategy is the planting of more than 97,000 trees, including date palms, casuarina, and mahogany. These tree species store carbon in both their biomass and surrounding soil over their lifetime. The long term CO₂ sequestration is currently being scientifically assessed in cooperation with climate and carbon consultants and is expected to serve as the basis for generating certified carbon credits in the future.
Sustainable Organic Date Farming
The farm spans 700 feddan (approximately 294 hectares), of which 570 feddan are dedicated to Medjool date cultivation. By 2028, a total of 46,000 date palms are planned to be planted — including 21,000 new trees in the current expansion phase. Cultivation is carried out according to organic principles, focusing on biodiversity, soil health, and circular farming practices.
Local Processing and Value Creation
As part of the project, a new processing and packaging facility is being established. This will enable on site cleaning, sorting, and refinement of dates into products such as date paste, date syrup, date powder, or healthy date-based snacks. By doing so, CO₂ intensive raw material handling is avoided, and regional value creation is strengthened.
The investment risks associated with the subordinated loan are described in detail in the Basisinformationsblatt. The measures taken to reduce these risks are outlined in this section:
To incorporate risk mitigation measures despite the subordinated loan structure, a special purpose vehicle named Afrika Emissions 8 UG (haftungsbeschränkt) was established in Germany for the crowdfunding campaign on bettervest. This entity acts as the borrower in the project. It forwards the raised capital to the project owner in Egypt, The Egyptian International Company for Trade and Distribution (EG for Agriculture), as a secured loan. Shareholders and management of Afrika Emissions 8 UG (haftungsbeschränkt) are independent from The Egyptian International Company for Trade and Distribution (EG for Agriculture).
Corporate Guarantee:
In the event of a payment default by The Egyptian International Company for Trade and Distribution, the holding company in formation, Ancient Grove Inc., guarantees the repayment of the loan.
Liquidity Buffer:
In addition, Afrika Emissions 8 UG (haftungsbeschränkt) will be equipped with a liquidity buffer of EUR 25,000 (also raised through the crowdfunding campaign) to enable it to intervene in the event of repayment difficulties on the part of the local partner, The Egyptian International Company for Trade and Distribution, or to initiate legal action if necessary.
Pledging of Assets and Contracts:
All assets and contracts financed through this loan will be pledged in favor of Afrika Emissions 8 UG (haftungsbeschränkt). Should The Egyptian International Company for Trade and Distribution fail to repay the loan, these pledged assets may be seized and liquidated.
The total project has a financing target of 2,275,650 EUR (including bettervest fees). This amount will be raised in individual tranches, with this tranche having a funding target of 1,500,000 EUR.
The loan will finance the establishment of a modern processing facility, the expansion of the date farm’s infrastructure, and the working capital necessary to fulfill export contracts.
The loan term is 3 years.
The funding threshold for this project is EUR 50,000.
If the funding target of 1,500,000 EUR is not reached, the project owner will still use the investor funds to finance its business operations and invest to a lesser extent in the aforementioned fixed assets.
Interest
Crowd investors will receive an annual interest rate of up to 7.5% on the loan amount. Interest payments are made quarterly in arrears, with the first payment due three months after the start of the regular interest period and the final payment at the end of the term. The amount of each interest payment may vary as it is adjusted to the seasonal fluctuations of the project owner’s revenues. A detailed overview of the planned payments is provided in the interest and repayment schedule attached to the subordinated loan agreement.
Repayment
Repayment will be made in quarterly installments, with the first installment due 15 months after the start of the regular interest period and the final installment at maturity. The amount of each quarterly installment may vary and is detailed in the interest and repayment schedule attached to the subordinated loan agreement.
The loan will be repaid from the funds generated by EG for Agriculture through increased revenues, improved margins, and income from export contracts in the course of its business operations.

Ahmad Awad
CEO & Founder
The borrower and county profile

Afrika Emissions 8 UG (haftungsbeschränkt)
C/o emerging markets invest UG
Richard-Wagner-Str.8
61440 Oberursel
Germany
The Egyptian International Company for Trade and Distribution
Office Nr. 10-3-C, 3. Floor, Building 10
Polygon Business Park
Sheikh Zayed
Giza, Egypt
Afrika Emissions 8 UG (haftungsbeschränkt): Issuer and Borrower
The special purpose vehicle Afrika Emissions 8 UG (haftungsbeschränkt) is based in Germany and acts as the issuer and borrower for this project. The role of this entity is to forward the funds raised from crowd investors as a project loan to the local asset holding company and project owner, The Egyptian International Company for Trade and Distribution (EG for Agriculture). Afrika Emissions 8 UG (haftungsbeschränkt) will not engage in any other business activities during the entire loan term. Shareholders and management of Afrika Emissions 8 UG (haftungsbeschränkt) are independent from The Egyptian International Company for Trade and Distribution) EG for Agriculture.
EG for Agriculture (legal name: The Egyptian International Company for Trade and Distribution): Project Owner
EG for Agriculture is an Egyptian agricultural company based in the Bahariya Oasis, founded in 2017. The official legal name of the company is The Egyptian International Company for Trade and Distribution and is the literal translation of the Arabic name, whereas EG for Agriculture is the meaning-based commercial name of the company. EG for Agriculture follows an integrated business model encompassing the cultivation, processing, and export of Medjool dates. It combines its own agricultural production on a 700–acre farm with procurement from local smallholders, who supply up to 70 percent of the raw material. The goal is to sustainably strengthen the Egyptian date industry through local value creation, technological advancement, and international trade.
EG for Agriculture is currently building its own processing and packaging facility to produce fresh and refined date products such as paste, syrup, powder, or chocolate coated dates for export markets. Starting in 2026, these products are to be exported primarily to Europe (including Germany, Sweden, and France), as well as to the Middle East and parts of Asia. Advanced talks with potential major buyers such as Lidl and Golden Dates have already been confirmed.
The company structure is currently being reorganized through the establishment of a holding company in Delaware, which will oversee three operating subsidiaries in Egypt: for cultivation, processing, and distribution and export. EG aims to increase its export share to 80 percent of revenue, thereby securing more of its income in foreign currencies.
EG employs modern technologies such as AI powered sorting machines and efficient irrigation systems, some of which are solar powered. To finance the processing facility and international growth, the company has successfully raised equity from local investors. Part of the funds will also be used for the expansion of organic certification, infrastructure investments, and working capital to prefinance export orders.
With revenue growth of over 175 percent in the past two years, stable profit margins over 30 percent, and a professional team of around 70 employees, EG for Agriculture has established a solid economic foundation. Through entry into international marketing and vertical integration along the value chain, the company plans to further expand sustainable agriculture. This initiative thus makes a significant contribution to Egypt’s economic diversification and export development.
When making investment decisions, it is advisable to find out in advance about the project location, in particular the country in which the project will be implemented. To gain an overview, the following indicators provide a helpful starting point for independent research. The information was retrieved from the relevant data sources in July 2025 and is published without guarantee.
INDICATOR | ASSESSMENT OF EGYPT |
Euler Hermes Ranking | Euler Hermes has assessed the risk of non-payment by Egyptian companies as “high risk” and rated it with a D4 on a scale from AA to D (Source: Euler Hermes Country Risk Map). |
OECD Classification | The OECD classifies the overall country risk of Egypt on a scale from 0 (low risk) to 7 (high risk) as 6 (Source: OECD Ranking 2025). |
Corruption index (Transparency International) | The corruption index published by Transparency International, measured on a scale of 0 (high level of corruption) to 100 (no perceived corruption), stands at 30 for Egypt (Source: Transparency International 2024). |
Commercial Bank Prime Lending Rate | The Commercial Bank Prime Lending Rate indicates the average annualized interest rates that local commercial banks charge their most creditworthy customers for new loans in the local currency. In Egypt, the Commercial Bank Prime Lending Rate was 25.70% in April 2025 (Source: Trading Economics 2025). |
Creditworthiness (S&P’s) | In April 2025 S&P’s has rated the creditworthiness of Egyptian government bonds at B- on a scale from AAA to D, classifying them as stable (Source: Trading Economics 2025). |
Foreign Exchange Market (Bundesbank) | In the last five years, the exchange rate for the euro in Egypt has overall increased; five years ago, the price was 17.63 Egyptian Pounds, one year ago it was 51.11, and today the price is 56.18 Egyptian Pounds (Source: Bundesbank 2025). |
Key figures
Borrower | Afrika Emissions 8 UG (haftungsbeschränkt) |
Type of Investment | Subordinated Loan |
Loan amount | EUR 1,500,000 |
Term | 3 years |
Interest | up to 7.5% p.a. |
Repayment of Loan and Interest | quarterly |