Project detail - INVEST IN AFRICA


Status: Completed investment
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The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Invest in Africa (IIA) was launched as a not-for-profit company to unite businesses across sectors to help them deliver more sustainable investment into Africa and local SMEs. IIA creates innovative programs to support trade and investment into local economies and partnerships with local SMEs giving them greater access to skills, markets and finance. The beneficiaries of this project in this instance are Ghanaian SMEs, many of which are clients of FMO’s clients in the country, including Fidelity Bank and Ecobank.

What is our funding objective?

To introduce a Business Skills Excellence Program (BSEP) in Ghana. To achieve this IIA will link SMEs on the programme with global consultants to embed the right strategies to make them locally, regionally and internationally competitive. To do so, IIA is has partnered with EY to provide expert consultants with SME advisory experience to develop bespoke systems and structures to support SME management teams as they grow their business.

Why do we fund this investment?

This project is aligned with FMO’s aim to stimulate economic development by ensuring the SMEs have the capital and opportunity needed to grow. It is complementary in so far is it enables the SMEs to develop their ability to ensure growth.

Website customer/investment
Infrastructure, Manufacturing and Services
Effective date
End date
Total FMO financing
EUR 0.17 MLN