As Regional MSME Investment Fund for Sub-Saharan Africa "REGMIFA" fund and technical assistance facility manager, Symbiotics acknowledges the continued support and trust from FMO - Dutch entrepreneurial development bank and OeEB Oesterreichische Entwicklungsbank AG - The Development Bank of Austria. We look forward to furthering our longstanding relationship to support Sub-Saharan African institutions and enhance access to finance for #MSMEs and low- and middle-income households.
We are proud to announce that our long-standing partner, FMO - Dutch entrepreneurial development bank has formalized its commitment of USD 10 million investment into B-shares, affirming its commitment to supporting REGMIFA’s mission since 2010. This significant capital injection will enhance REGMIFA’s efforts to bolster micro, small, and medium-sized enterprises (#MSMEs) and low- to middle-income households across Sub-Saharan Africa. By collaborating with diverse financial institutions, including microfinance entities, innovative #fintech startups, and SME-focused banks, we aim to support financial inclusion and advance critical sectors such as education, agriculture, and clean energy. Together, we are fostering innovation, resilience, and positive impact on local businesses throughout the region, and we thank FMO for this enduring partnership. Read more here 👉 https://lnkd.in/eiNv72nc #blendedfinance #FMO #SubSaharanAfrica #financialinclusion