Opportunities
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
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$5M – $100M+
FMO is a development finance institution that provides long-term financing, typically with ticket sizes of $5M to $100M+, for projects and businesses in energy, financial institutions, and agribusiness, food, and forestry. Its focus includes financing energy projects that support low-carbon transition and energy security, working with financial institutions to expand sustainable and accessible finance, and investing across the agribusiness value chain to support food security and inclusive development. The available data indicates pan-African coverage across major markets, with examples including South Africa and Kenya.
Energy
FMO finances long-term projects which power economies, promote the transition to a low-carbon system and safeguard energy security.
Financial institutions
FMO works with financial institutions for a world where finance is more sustainable and accessible to everyone.
Agribusiness, food & forestry
FMO invests across the agribusiness value chain, enhancing food security, supporting sustainability and promoting inclusive development.
Dutch government-owned development bank. €12B+ portfolio. 900+ investments across emerging markets. Major Africa investor in financial institutions, energy, and agribusiness. Fund-of-funds investor in African PE/VC. Pioneered gender lens investing with $1B commitment.
Long-term capital, governance support, ESG/impact frameworks, climate finance structuring
DFI process — very long timelines. Large minimum tickets. Not for startups. Extensive ESG requirements.
Applicants should align clearly with one of FMO’s core sectors and show how their project fits long-term development outcomes such as low-carbon transition, energy security, sustainable finance access, food security, or inclusive development. Given the typical ticket size of $5M to $100M+, this is best suited to larger financing needs rather than small early-stage capital requests.
1970
Active Since
Yes
Deploying
900+ investments globally; major African PE fund investor