Project detail - AFRICAN FORESTRY

AFRICAN FORESTRY

Status: Completed investment
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Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

In case of questions

In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

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

Forestry East Africa (FEA), a regional forestry association has been founded at the beginning of 2016 by two of FMO’s Forestry clients (The New Forests Company and Green Resources).

What is our funding objective?

To enable FEA to address fundamental weaknesses that exist in the forestry sector in East Africa. FEA’s objectives are two-fold: to lobby and to provide research. FMO is requested to support the research activities of FEA. Increased dissemination of research is currently lacking and of great importance to the forestry sector in East Africa and can become a driver to provide a valuable proposition to the FEA members.

Why do we fund this investment?

Forestry is seen as a strategic sector to invest in for FMO. Supporting the creation of a forestry association in East Africa through our Capacity Development Funds contributes to a more sustainable sector which is valued by FMO and its (future) clients.

Region
Africa
Country
Africa
Sector
Infrastructure, Manufacturing and Services
Effective date
12/30/2016
End date
7/10/2018
Total FMO financing
EUR 0.04 MLN
Funding
ForeignAffairs - CD