KENYA - Equity Bank Kenya has secured US$50 million from the Dutch Development Bank (FMO) for onward lending to small and medium-sized firms hit by…
WEST AFRICA - MASSIF, the financial inclusion fund managed by FMO on behalf of the Dutch government, has made a follow-on investment of €0.25 million…
CHAD – FMO, a Dutch Entrepreneurial Development Bank, has signed an €500,000 (US$598,280) convertible note through its Ventures Program to ZIZ Energie (ZIZ), a privately-owned…
EGYPT – Ezdehar Egypt MidCap Fund, a private equity fund, has invited FMO, the Dutch Development Bank, to co-invest in Eagle Chemicals Group, a leading…
SOUTH AFRICA – NASIRA Fund, a COVID-19 emergency facility set by the EU and FMO’s NASIRA fund has provided a 7-year $35m guarantee to the…
AFRICA - Mini-grid supplier Husk Power Systems has been awarded $5 million by the Dutch development finance company Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO). The company…
KENYA - Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new…
SOUTH AFRICA – Dutch development financier FMO is seeking to invest R42.75 million (US$2.5m) in Aerobotics, a South African Agritech company. The proposed investment will come…
EGYPT – Egyptian fintech startup, Paymob will now be able to fast-track its regional expansion after successfully raising US$3.5 million in a round led by…
NIGERIA - Access Bank, Africa’s largest bank by customer base, has secured a syndicated loan amounting to US$93.8 from FMO, Proparco and Symbiotics to enable…