FMO

Hydrobox specializes in the development and manufacturing of hydropower plants that harness the energy of flowing water to generate electricity. The company focuses on renewable energy solutions, including mini-grids and solar power, aimed at improving electrification and reliability in off-grid areas, particularly in Kenya. By leveraging advanced AI technology and smart grid services, Hydrobox enhances the efficiency and sustainability of its energy systems, contributing to broader efforts in promoting clean energy and environmental sustainability.

ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, and South East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.

Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.

Tagaddod is an Egyptian renewable energy and waste-management company founded in 2013 and based in the Giza region. The company specializes in converting waste vegetable oil into biodiesel and other green fuels, contributing to sustainable energy and reduced environmental pollution. By producing biodiesel, Tagaddod provides a renewable fuel alternative compatible with conventional diesel engines, supporting cleaner transportation and waste valorization.

Credrails is a fintech company that specializes in providing infrastructure for open banking. It connects diverse financial data sources such as banks and mobile money services via a unified API, facilitating seamless money transfers and fostering interoperability within Africa's digital economy.

Trans-Oil Group specializes in the production of sunflower oil, serving primarily Chisinau, Moldova. The company operates in oilseed crushing, grain handling and storage, international commodities trading, and offers bottled oil alongside related services.

First City Monument Bank, established in 1982 and headquartered in Lagos, Nigeria, is a prominent commercial bank that offers a diverse array of financial services. As part of the FCMB Group, the bank caters to individuals, small and medium enterprises, and large corporations through its personal, business, and corporate banking divisions. Its offerings include loans, savings and current accounts, credit cards, and online banking, facilitating digital transformation in the banking sector. Additionally, First City Monument Bank provides specialized services such as cash management, foreign exchange, corporate finance, and trade services, which encompass financial advisory, capital raising, and infrastructure financing.

Masdar is a renewable energy company that develops large-scale clean energy projects. It aims to embody the UAE's commitment to sustainable practices and support its transition towards a knowledge-based economy.

Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe

Nithio Holdings is an energy finance company established in 2018 and headquartered in Washington, D.C. It specializes in providing data-driven financing solutions to small and medium-sized enterprises (SMEs) in the off-grid energy sector across sub-Saharan Africa. Nithio leverages a proprietary artificial intelligence risk analytics engine to support distributed energy service companies, capital providers, governments, and other stakeholders involved in the solar energy market. The company focuses on enhancing access to solar home systems, productive use appliances, agribusiness, and microfinance, thereby facilitating sustainable energy solutions in underserved regions.

Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Red Rocket South Africa, established in 2011 and headquartered in Cape Town, specializes in the development, design, construction, operation, and ownership of utility-scale grid-connected renewable energy projects across Africa. The company focuses on wind, solar, hydro, and biomass power generation, with operations spanning multiple countries on the continent.

Dashen Bank is a commercial bank based in Addis Ababa, Ethiopia, established in 1995. It provides a range of financial services, including saving deposits, current deposits, and fixed time deposits. The bank also offers various loan products such as consumer loans, term loans, merchandise loans, project loans, and overdraft facilities. In addition to traditional banking services, Dashen Bank features interest-free banking options and digital banking solutions, catering to the diverse needs of its customers. The bank is involved in international trade and provides guarantees, enhancing its role in the financial landscape of Ethiopia.

AMEA Power is a company focused on the development, ownership, and operation of renewable energy projects, aiming to facilitate the transition to clean energy. It operates a diverse portfolio that includes thermal, wind, solar, battery storage, ammonia, and water desalination plants. By providing a variety of power solutions, AMEA Power seeks to support economic development and enhance living standards, particularly in emerging markets across Africa and other regions. The company is committed to delivering reliable and sustainable energy to meet the needs of the communities it serves, contributing to both environmental sustainability and economic growth.

liwwa, Inc. is a peer lending platform based in Amman, Jordan, established in 2013. The company connects small and medium-sized enterprises (SMEs) seeking capital with individual and institutional investors looking to diversify their investment portfolios. Through its platform, liwwa enables borrowers to apply for small business loans, facilitating access to necessary funds while allowing investors to earn regular monthly returns. The company conducts in-house evaluations of borrowers' creditworthiness and employs a lease-to-own model that provides interest-free returns for investors. By focusing on the MENA region, liwwa aims to enhance capital access for small businesses and create investment opportunities for individuals and institutions.

Equity Group Holdings is a financial services provider based in Nairobi, Kenya. It operates primarily through Equity Bank Kenya, which is a licensed commercial bank regulated by the Central Bank of Kenya. Equity Bank Kenya was established in 2014 following a corporate restructure of Equity Group Holdings Limited. The organization offers a range of banking and financial services aimed at various customer segments, contributing to the financial inclusion and economic empowerment of individuals and businesses in the region.

Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.

ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces. TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.

Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.

ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, and South East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.

ZIZ Energie specializes in developing, financing, constructing, and operating decentralized electric grids, primarily focusing on metro-grid projects. They also provide construction services for rural and urban electrification, distribute electrical products, and offer energy services to industrial and commercial clients.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Easy Solar is a prominent energy distribution company focused on providing solar solutions to off-grid communities in West Africa, particularly in Sierra Leone and Liberia. The company specializes in financing high-quality solar products, including solar lanterns and home systems, aimed at individuals with limited or no access to conventional electricity sources. Easy Solar offers flexible payment plans, allowing customers to make an initial deposit followed by weekly or monthly installments, payable through cash or mobile money. Since its inception, the company has positively impacted over 400,000 beneficiaries by leveraging a vast network of agents and outlets, thereby facilitating the transition to eco-friendly and affordable energy solutions.

Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.

ASOBO is a Nairobi-based company founded in 2019, specializing in the manufacture of electric outboard engines powered by lithium batteries. The company's primary focus is on providing sustainable e-mobility solutions for fishermen operating on Lake Victoria in East Africa. By offering these electric outboard engines on a full-service basis, ASOBO enables fishers to utilize clean energy, thereby reducing costs and promoting environmentally friendly practices. Through its innovative approach, ASOBO aims to create a sustainable platform for marine transportation in emerging markets.

Agrocorp International is a prominent player in the distribution and trading of agro-based commodities, operating across various global markets, including Canada, West Africa, China, Turkey, the Middle East, India, Bangladesh, and Vietnam. The company specializes in a diverse range of products, including grains such as wheat and rice, a variety of pulses and beans, oilseeds like soybeans and canola, and cotton. Additionally, Agrocorp offers animal feed products, which encompass corn and various meals, as well as edible nuts such as cashews and peanuts. Beyond agricultural commodities, the company also engages in the trade of non-agricultural goods, including coal, construction materials, and edible oils. Through its comprehensive portfolio, Agrocorp International plays a crucial role in the global agribusiness landscape.

liwwa, Inc. is a peer lending platform based in Amman, Jordan, established in 2013. The company connects small and medium-sized enterprises (SMEs) seeking capital with individual and institutional investors looking to diversify their investment portfolios. Through its platform, liwwa enables borrowers to apply for small business loans, facilitating access to necessary funds while allowing investors to earn regular monthly returns. The company conducts in-house evaluations of borrowers' creditworthiness and employs a lease-to-own model that provides interest-free returns for investors. By focusing on the MENA region, liwwa aims to enhance capital access for small businesses and create investment opportunities for individuals and institutions.

Founded in 2011, Yalelo Limited is a leading aquaculture company based in Lusaka, Zambia. It specializes in the breeding and sale of tilapia fish, operating sustainably on Lake Kariba's pristine waters. The company sells its products nationwide through its stores.

Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

Access Bank, established in 1988 and headquartered in Lagos, Nigeria, is a commercial bank that offers a wide range of banking products and services to individual and business customers. The bank operates in Ghana and provides various accounts, including standard savings and current accounts, as well as specialized options such as access advantage and premier accounts. Access Bank also offers online banking services, facilitating ATM transactions, online access, point-of-sale terminal services, bill payments, and Western Union money transfers. In addition to personal banking, the bank provides corporate and investment banking, commercial and business banking services, along with mortgage loans and sustainable international banking solutions.

ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

Yoco is an African technology company that enables entrepreneurs and small businesses to accept secure payments online and in person through a single platform. Its product ecosystem includes payments, lending, and business software.

Apollo Agriculture, established in 2015, is a Kenyan agtech company with a presence in Nairobi. It specializes in providing smallholder farmers with access to critical farming inputs, financing, and advisory services. The company leverages agronomic machine learning, remote sensing, and mobile technology to assess credit risk and tailor financial and technical assistance to each farmer's unique needs and location. This approach aims to enhance farm yields and profitability in emerging markets, with a focus on Kenya.

liwwa, Inc. is a peer lending platform based in Amman, Jordan, established in 2013. The company connects small and medium-sized enterprises (SMEs) seeking capital with individual and institutional investors looking to diversify their investment portfolios. Through its platform, liwwa enables borrowers to apply for small business loans, facilitating access to necessary funds while allowing investors to earn regular monthly returns. The company conducts in-house evaluations of borrowers' creditworthiness and employs a lease-to-own model that provides interest-free returns for investors. By focusing on the MENA region, liwwa aims to enhance capital access for small businesses and create investment opportunities for individuals and institutions.

JCM Power is a Canadian-based developer and operator of renewable energy projects. It focuses on utility-scale solar photovoltaic and wind projects as well as HVDC transmission lines, developing and operating assets in growth markets across Africa, Latin America, and South Asia. Founded in 2009 and headquartered in Toronto, the company applies its Canadian development experience to international markets with rising demand for clean power, pursuing a diversified portfolio of renewable energy assets.

Mobisol GmbH is a Berlin-based company that specializes in the development and installation of solar home systems, aimed at providing clean and affordable electricity to low-income customers without access to conventional power sources. Founded in 2010, Mobisol offers modular solar energy solutions that power LED lights, radios, mobile phones, and various household appliances, along with productive use devices. The company combines solar technology with an innovative repayment scheme facilitated through mobile banking, making it accessible for its target market. With additional offices in Tanzania, Rwanda, and Kenya, Mobisol focuses on delivering a sustainable alternative to fossil fuels, enhancing energy access and promoting environmental sustainability in developing nations. As of October 31, 2019, Mobisol operates as a subsidiary of ENGIE SA.

Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.

African Century Limited, founded in 2008 and based in Grand Baie, Mauritius, is a private equity firm that provides a diverse range of financial services. These services include lease finance, retail and corporate banking, treasury, and international banking solutions. The company is dedicated to delivering customized financial products to address the varied needs of its clients. With a workforce of 250 employees, African Century Limited is committed to fostering economic growth and development through innovative financial solutions, while also focusing on investment opportunities in sectors such as food, financial services, real estate, and agriculture.

African Century Limited, founded in 2008 and based in Grand Baie, Mauritius, is a private equity firm that provides a diverse range of financial services. These services include lease finance, retail and corporate banking, treasury, and international banking solutions. The company is dedicated to delivering customized financial products to address the varied needs of its clients. With a workforce of 250 employees, African Century Limited is committed to fostering economic growth and development through innovative financial solutions, while also focusing on investment opportunities in sectors such as food, financial services, real estate, and agriculture.

Family Bank is a commercial bank established in Kenya in May 2007 and regulated by the Central Bank of Kenya. With a customer base exceeding 1.7 million, the bank operates a network of 93 branches across the country. It specializes in providing financial services to underserved segments of the market, including small-scale farmers, salaried employees, micro, small, and medium-sized enterprises, as well as youth and women. Additionally, Family Bank seeks to attract large corporate clients to bolster its deposit base. Notably, it was the first bank in Kenya to implement paperless banking through smart card technology, showcasing its commitment to innovation in the financial sector.

Hygeia Group, based in Lagos, Nigeria, specializes in integrated healthcare services, managing hospitals and health maintenance organizations (HMOs). Founded in 1986, the company operates its flagship facility, Lagoon Hospital Apapa, along with two additional hospitals located in Ikeja and Victoria Island. Hygeia's hospital services encompass a wide range of specialties, including surgery, cardiology, pediatrics, and critical care, among others. Through its HMO, Hygeia provides managed care to over 400,000 enrollees from more than 250 corporate clients, working with a vast network of over 1,200 healthcare providers nationwide. Additionally, the Hygeia Community Health Plan is a donor-funded initiative designed to enhance healthcare access for low-income groups in Nigeria. As a subsidiary of CIEL Healthcare Ltd, Hygeia Group is committed to delivering comprehensive healthcare solutions to its patients and communities.

Real People is a financial institution that offers credit to small enterprises and individuals who otherwise have limited access to financial services in South Africa and other countries in the region. Real People is one of South Africa’s largest non-banking independent financial services provider that has been operating in Southern Africa for more than 15 years. Real People is a consumer finance and mortgage financing institution that targets customers from previously disadvantaged communities, with low to moderate household earnings who would traditionally not qualify for credit from the banking institutions in South Africa.

CELTEL International B.V. was a telecommunications company that provided essential communication services across multiple African countries. Founded by Mo Ibrahim, the company specialized in the development and operation of GSM telephone networks, offering wireless cellphone services to a growing customer base. CELTEL played a significant role in expanding telecommunications infrastructure in Africa, contributing to increased connectivity and communication options in the region.