African Forestry Impact Platform
Status: Proposed investmentWhy disclosure?
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In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. 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 prospective customer?
Our investee is the Africa Forestry Impact Platform (AFIP), an established impact-driven investment platform focused on acquiring, managing, and scaling sustainable forestry assets across Sub-Saharan Africa. The platform is managed by New Forests, a global investment manager specializing in sustainable forestry with a strong track record in ESG integration and impact delivery.
What is our funding objective?
FMO is converting an option on an existing equity stake in Green Resources AS (now a portfolio company of AFIP) into the AFIP platform, thereby supporting the transition to a more diversified and institutionally managed forestry vehicle.
Why do we want to fund this investment?
This investment supports FMO’s strategic goals in forestry. By converting our Green Resources stake into AFIP, we are enabling the evolution from a single-company investment into a scalable platform model with greater reach, professional management, and a dedicated impact mandate. AFIP has the potential to demonstrate the viability of sustainable forestry investments in Africa and to mobilize additional capital towards the forestry sector.
What is the Environmental and Social categorization rationale?
This is a Category A investment, as AFIP is a forestry platform engaged in projects that potentially trigger all IFC Performance Standards (IFC PS). The sector inherently carries reputational risks, in part due to land issues and media scrutiny of the sector generally. The Fund Manager, New Forests, demonstrates good integration of E&S considerations into investment strategies and business development, including value-add opportunities. The organization has good capacity, with E&S accountability embedded at the senior management level, with E&S governance structures advising decision making, and supported by competent staff. The Fund maintains a good E&S policy framework aligned with international standards and demonstrates a clear understanding of forestry-specific requirements, such as the importance of FSC certification.
- Region
- Africa
- Country
- Africa
- Sector
- Agribusiness, Food & Forestry
- Publication date
- 8/1/2025
- Deadline for feedback
- 9/30/2025
- Total FMO financing
- USD 0.00 MLN
- Funding
- Building Prospects
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A