In order to stop the spread of the deadly Ebola viral disease, Balmed is actively working on a community monitoring and data information tool by using smartphone applications syncronized with a cloud server for real time data transfer and global accessibility. Balmed futhermore looks to collaborate with national and international partners interested in data management and information technology. Interested parties can contact Balmed for a system demonstration. Collected data is displayed on a GIS-‐map and globally accessible through a cloud. Please click on the link to view current statistics: cloud.saplumira.com
Balmed Holdings signed a Funding Agreement with the African Enterprise Challenge Fund. (AECF) The company was granted an 800.000 $ facility to upscale the Blockfarming operations and plant another 3.000 acres of treecrops using the Blockfarming System. Balmed will furthermore diversify into cashew production targeting the northern parts of Sierra Leone. The project will result in 930 direct project beneficiaries and an average Net Benefit of 945 $ per household per year, when crops reach full maturity.
In order to boost and increase its cocoa and coffee sales Balmed signed Trade Finance Agreement with the African Agriculture Trade and Investment Fund. (AATIF) The AATIF is an investment fund backed by the german development bank KfW, the International Labour Organisation (ILO), the Federal Ministry of Economic Cooperation and Development (BMZ), the Deutsche Bank as Investment Manager and the Common Fund for Commodities as Technical Assistance Manager. The AATIF public private partnership facility provides various funding sources ranging from loans to equity investment.