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

Website

https://www.inpulse.coop/managed-funds/

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