Building Prospects 2020

Annual report

Building Prospects is the Dutch government fund for private investments in the agribusiness value chain, infrastructure and climate in developing countries.

In poor countries, agribusiness is generally the most important sector and needs to be the driving engine out of poverty. A strong agribusiness value chain needs access to energy and water, and also to logistics and transport. In addition, investment in climate change resilience and mitigation is critical.

The previous year of 2020 has certainly been a year of challenges, uncertainty, and partnerships.

COVID-19 lockdowns and travel restrictions have made local value chains increasingly important while routes to market changed overnight.

Building Prospects’ fund capital at year end was EUR 313 million. Its portfolio counted 66 clients in 22 individual countries and 5 regions. It has made 7 new investments and supporting 12 clients through Capacity Development in 2020. Additionally, 2020 saw the launch of FMO Ventures Program where, together with FMO, Access to Energy Fund and MASSIF Fund, commitments were made to empower innovative business models to improve affordable access to goods and services to the un(der)served in emerging markets.

Our committed portfolio

Total committed portfolio

€449 million

Total committed portfolio by region