News and Intelligence for the Development Finance Industry
Turkven’s Türkiye-focused private equity fund TPEF V is targeting $400 million in commitments, as the firm looks to back mid-market companies exposed to digital growth and hard-currency revenues. Dutch development bank FMO is considering a commitment to the fund at first close, according to disclosure documents. The size of FMO’s proposed investment was not disclosed. … Read more
Dutch development bank FMO is considering a four-year loan of up to $75 million to Azerbaijan’s AccessBank to support lending to micro, small and medium-sized enterprises, including women, youth and agriculture borrowers, according to documents seen by DevFiNews. The proposed multi-currency facility will comprise a committed tranche of $40 million and an uncommitted tranche of … Read more
Dutch development bank FMO is considering an $11.5 million debt facility for Kenya-based avocado oil producer Origen Fresh EPZ to expand processing capacity and support cleaner, circular manufacturing operations, according to project documents seen by DevFiNews. The proposed package includes $10 million in committed financing and an additional $1.5 million uncommitted tranche. The funds will … Read more
Dutch development bank FMO is considering a $12.5 million senior debt investment in M-KOPA’s Kenya electric mobility business to support financing for electric motorcycles and batteries aimed at micro-entrepreneurs in the country. According to project disclosures seen by DevFiNews, the proposed financing would support M-KOPA Kenya Mobility Ltd’s growing portfolio of electric motorbike receivables and … Read more
Argentine renewable energy platform 360 Energy is seeking up to $120 million in syndicated financing led by Dutch development bank FMO to fund new solar projects and refinance existing debt, according to a disclosure seen by DevFiNews. The move highlights how development lenders are stepping in to provide scarce long-term capital in one of Latin … Read more
Dutch development bank FMO is providing 55 million euros ($62 million) in loans to support one of Côte d’Ivoire’s first privately owned solar power projects, according to documents seen by DevFiNews. The transaction comes as development finance institutions step in to bridge long-term funding gaps for renewable infrastructure in frontier African markets. FMO said the … Read more
Dutch development lender FMO is providing a $20 million senior unsecured facility to Georgia-based JSC Microbank Crystal to support the expansion of its micro, small and medium enterprise (MSME) lending portfolio, with a focus on inclusive and green finance. The facility comprises a $10 million committed tranche and a further $10 million uncommitted portion, offering … Read more
Dutch development lender FMO is providing ZAR333.33 million ($19.8 million) in financing to South Africa-based Gledhow Sugar Company to support the expansion and modernization of its sugar mill in KwaDukuza, KwaZulu-Natal. In a disclosure, FMO said the financing will fund the installation of newer and more efficient equipment designed to reduce steam use and improve … Read more