Debt fund EBF II secures US$10m from FMO for contribution of biodiversity conservation

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…

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