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FMO
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The Dutch entrepreneurial development bank that invests in private sector growth in developing countries.
News published about FMO
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Moroccan Agritech Startup YoLa Fresh Shuts Down After Failing to Secure Funding
Tech In Africa - Oct 12, 2026
YoLa Fresh has ceased operations after failing to secure additional investment. The startup aimed to modernize Morocco's fresh produce supply chain by connecting smallholder farmers directly with retailers.
YoLa FreshJumia MoroccoFMOCareemAl Mada Ventures
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African startups raise $2.16B in nine months as debt falls 33%
Tech In Africa - Oct 09, 2026
African startups raised $2.16 billion between January and September 2026, a 4% decrease from 2025. Equity funding reached $1.5 billion, marking a 23% year-on-year increase.
MooveFMOM-KOPAPaymentologyJumia
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Delta40 Completes $20M Fundraising Effort to Build and Support Innovative Ventures Across Africa
Tech Labari - Feb 11, 2026
Delta40 announced $20 million in funding to support its Venture Studio and Fund. The initiative marks Africa's first institutional raise linking venture building and early-stage capital.
Delta40The Rockefeller FoundationFMOSoros Economic Development Fund
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Accion Ventures Secures $61.6 Million Fund to Boost African Fintech Startups Amid Silicon Valley’s Declining Interest
Tech In Africa - Sep 08, 2025
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Accion Ventures announced the final close of its new fund at $61.6 million. The investor pool includes Dutch bank FMO, France’s Proparco, and the Ford Foundation.
Ford FoundationMastercardAccion VenturesFMOProparco
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Nile Secures $11.3M to Power Agri-Tech Growth and Financial Access Across Southern Africa
Tech In Africa - Jun 11, 2025
Nile raised $11.3 million to boost its expansion across Southern Africa. The funding round was led by the Cathay AfricInvest Innovation Fund with support from FMO.
Platform Investment PartnersFMOHenry RahmannCathay AfricInvest Innovation FundNile
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