Entrepreneurial Development Bank


2018 Annual Report

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FMO is the Dutch entrepreneurial development bank

We invest in growth and frontier markets, supporting jobs and income generation, and improving people’s lives in those parts of the world where this makes the biggest difference. We invite others to partner with us - lowering thresholds for other financiers, opening up new markets and opportunities. We can do this because of our ability, experience and appetite to take on the most challenging investments and carry a significant share of the risk.

See our investments
See our investments
Latest news

Financial Institutions

We work with financial institutions for a world where finance is more sustainable and accessible to everyone

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Go to sector page

Request for proposals for the NASIRA program

On 3 June 2019, FMO has initiated three tender procedures.

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Read more

Powering economies, empowering lives

Power shortages are one of the biggest barriers to development. FMO finances energy projecst that not only power economies but also promote the transition to a low-carbon system. Watch the video or visit our sector page Energy

Sector page Energy

Human Rights Progress Report

Respect for human rights is a fundamental and non-negotiable part of FMOs mission and is integral to the way we select and support our clients and partners. In our first Human Rights Progress Report we focus on the main changes we have made to further strengthen our due diligence approach.


Agribusiness, food & water

We invest across the agribusiness value chain - enhancing food security, supporting sustainability and promoting inclusive development.

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Go to sector page

Local-for-local production in Zambia

Yalelo is a fully integrated tilapia farm in Zambia. FMO supports this leading regional aquaculture player boosting local-for-local production and affordability of proteins. Yalelo has a positive impact on the local economy and job creation (it currently employs 700 people) and is contributing to the development of the broader local aquaculture sector by providing smallholder tilapia farmers with inputs and training.