XSML CAPITAL LTDStatus: Completed investment
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 email@example.com
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
XSML Capital is a fund manager investing in SMEs in Central Africa, notably, DR Congo, Central African Republic, Uganda and Republic of Congo. With a total of USD 69 million under management spread over two funds, the Central Africa SME Fund (Fund I) and the African Rivers Fund (Fund II), a total number of 40 investments in local businesses in DRC and CAR.
What is our funding objective?
To support implementation of portfolio management software.
Why do we fund this investment?
This project will allow XSML to get an excellent portfolio management that will improve their reporting on financials also on E&S and value add aspects which FMO find of great importance.
|Date||Total FMO financing|
|8/26/2021||EUR 0.28 MLN|
- Website customer/investment
- Infrastructure, Manufacturing and Services
- Effective date
- End date
- Total FMO financing
- EUR 0.02 MLN