SUB SAHARAN – FMO, a Dutch development bank, has approved the commitment of US$10 million in senior shares of Eco.business II Sub-Fund (EBF II), an open-ended debt fund managed by Finance-In-Motion. EBF II aims to promote ecologically sustainable businesses, with a special focus on fighting deforestation in Sub-Saharan Africa, through the provision of dedicated financing and technical assistance. The eco.business II Sub-Fund was initiated by Germany’s KfW Development Bank with financial support from the German Federal Ministry for Economic Cooperation and Development (BMZ). The investment by FMO will be used…
Read MoreDebt fund EBF II secures US$10m from FMO for contribution of biodiversity conservation
