05 Aug FMO confirms its role as Strategic Partner
FMO, the Dutch development bank, will become one of four Strategic Parnters for Africa Works! 2016.
FMO has invested in the private sector in developing countries and emerging markets for more than 46 years. Their mission is to empower entrepreneurs to build a better world. They invest in sectors where they believe their contribution can have the highest long-term impact: financial institutions, energy and agribusiness. Together with their partners, they invest in the infrastructure, manufacturing and services sectors. With an investment portfolio of EUR 9.2 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally.
Developing countries are often considered risky from an investment perspective. As a result, even the most innovative and promising businesses often do not have access to the financing needed to reach their potential.
FMO meets this need with a range of services and products that include:
- Equity, loans and guarantees
- Capital market transactions
- Mezzanine and other tailor-made solutions
- Long-term and short-term project financing
- Access to our expertise, vast network and partnerships
They also offer support for capacity development, such as financial administration and planning skills and training in sustainable business practices. FMO’s strong profile allows them to invest in higher risk markets, either with our own capital or on behalf of the Dutch Government. FMO was founded in 1970 and is a public-private partnership, with 51% of their shares held by the Dutch State and 49% held by commercial banks, trade unions and other members of the private sector.