Fefisol II

Subsidy : November 2022

BIO has granted EUR 350,000 of technical assistance to FEFISOL II, a debt fund focused primarily on sub-Saharan Africa

Amount

€ 350,000.00

Type of investment

Subsidy

Beneficiary locations

Middle East & North Africa:
Sub-Saharan Africa: Burkina Faso, Côte d'Ivoire, Democratic Republic of Congo, Kenya, Mali, Niger, Uganda

Investment field

Investment Companies & Funds

Activity

KK.64.302 FI Fund

Organisation

Fefisol II

Domicile

Luxembourg

More investments in

Fefisol II

  • Equity € 3,000,000.00 (2022)

FEFISOL II, the European Solidarity Financing Fund for Africa II, is a fund that will provide medium to long-term loan financing, essentially in local currency, to African MFIs and agricultural entities, including smallholder producer organisations and small agricultural entities.

Technical assistance facility

The technical assistance facility aims to improve the capacities of Fefisol II investees, their skills and know-how.

The objective is to finance and strengthen the African economic agents underserved by the mainstream banking sector, bringing services and markets to vulnerable and rural populations, as well as small enterprises, particularly those of the agricultural sector to fulfil the objectives of improving living standards, reducing inequalities and achieving sustainable development

Expected impact

  • Strengthen access to finance for Africa's underserved private sector
  • Strengthen agricultural value chains
  • Support the implementation of social and environmental practices
  • Support inclusive, customised, and responsible product offerings
  • Implement sustainable agricultural practices
  • Reduce vulnerabilities to climate change

In order to improve living standards, reduce inequalities and achieve sustainable development

View more of our investments in this region

Alterfin

Investment Companies & Funds

Alterfin

 21,500.00

  11/07/2023

  Subsidy

Metier Capital Growth Fund III

Investment Companies & Funds

Metier Capital Growth Fund III

6,000,000.00

  Ghana, Kenya, Nigeria, South Africa, Uganda

  30/06/2023

La Compagnie Cacaoyère du Bandama

Enterprises

La Compagnie Cacaoyère du Bandama

 38,513.00

  Côte d'Ivoire

  15/06/2023

  Subsidy

Spark + Africa Fund

Infrastructure

Spark + Africa Fund

350,000.00

  Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Rwanda, Senegal, Tanzania, Uganda

  01/06/2023

  Subsidy

Poa! Internet

Enterprises

Poa! Internet

 3,000,000.00

  Kenya

  08/05/2023

  Debt

Agri-Vie Fund II

Investment Companies & Funds

Agri-Vie Fund II

 200,000.00

  Kenya, South Africa, Uganda, Zambia

  21/03/2023

  Subsidy

Afrigreen Fund

Investment Companies & Funds

Afrigreen Fund

 10,000,000.00

  Cameroon, Côte d'Ivoire, Ghana, Mali, Nigeria, Senegal

  23/02/2023

  Equity

Agroserv Industrie SA

Enterprises

Agroserv Industrie SA

 43,924.00

  Burkina Faso

  14/02/2023

  Subsidy

candi solar

Infrastructure

candi solar

 6,180,468.00

  India, South Africa

  03/02/2023

  Debt