The financing will support the company’s ambition to scale sustainable rice production while reducing greenhouse gas emissions from one of the world’s most important staple crops.
The court has directed government agencies to release records linked to the duty free importation of 490,000 tonnes of rice within seven days.
Central African countries continue to spend hundreds of millions of dollars on imported rice as regional leaders step up plans to increase local production.
Scientists found that a single rice gene can protect plants from drought while helping them maintain healthy growth, leading to much higher yields in field trials.
The renewed agreement builds on more than six decades of cooperation between Indonesia and IRRI as both sides seek to strengthen rice production, research capacity, and climate resilience.