Symbiotics - Sub-Saharan Africa

Press release: FMO invests USD 10 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

Wednesday 21st, July 2021

REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further USD 10 million from Dutch-based entrepreneurial development bank FMO. This additional funding will support the growth of Africa’s MSME sector and foster economic development through employment creation, inco

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KfW Development Bank invests EUR 20 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

Thursday 14th, January 2021

REGMIFA, an impact investment fund advised by Symbiotics, has attracted a further EUR 20 million from German-based KfW to promote private investment under the G20 Compact with Africa program, initiated under the German G20 presidency. KfW manages this investment on behalf of the German Federal Minis

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Press Release: ASN Bank invests USD 16.2 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

Wednesday 5th, February 2020

Geneva, 5 February 2020 – Netherlands-based ASN Bank has invested USD 16.2 million debt in the REGMIFA Fund to foster development in Sub-Saharan Africa through employment creation, income generation and poverty alleviation. With ASN Bank the first private investor is joining REGMIFA that endorses

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FMO, SYMBIOTICS and ZOLA Electric announce new USD 32.5 million facility for ZOLA Tanzania’s expansion

Tuesday 11th, December 2018

ZOLA Electric, formerly Off Grid Electric; FMO, the Dutch entrepreneurial development bank; and Symbiotics, a leading investment firm specialized in emerging, sustainable and inclusive finance, today announced a USD 32.5 million facility to finance the growth of ZOLA’s Tanzania operations over the

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