Contracts CD 2025

EA Foods Limited — €7,000 Technical Assistance

This task order finances an external board and governance evaluation for EA Foods, in collaboration with the consultant Board Excellence Limited. The project supports the company as it evolves its board following a new funding round. The evaluation includes board composition advisory, document reviews, surveys, interviews, meeting observation, and a final roadmap to strengthen governance, board effectiveness, ESG oversight, and long‑term performance.

Lendable Transportation and Energy Fund (LTEF) under Dynolabs Asset Management Ltd, acting as Fund Advisor — $175,000 Development Contribution Grant

The Lendable Transportation and Energy Fund "LTEF" is a fund advised by Lendable Inc, an impact focused investment advisor. The fund will provide debt capital in emerging markets in Asia, Africa and Latin America, in particular in specific subsectors of energy and transportation markets such as e-mobility, (solar) C&I, energy efficiency, clean cooking and sustainable agriculture. The development contribution grant is received and managed by Dynolabs Asset Management Ltd, a subsidiary of Lendable Inc. The objective is to build and enhance the ESG capacity of the Fund and embed this knowledge into the investment cycle, allowing Lendable to sustainably invest in (more) customers, promote responsible management of high-risk transactions and scale strong environmental and social standards across these pioneering sectors.

Endeavor SA — €69,310 Partnership Development Contribution

This 3rd round of the Endeavor Agri‑tech Accelerator, implemented with the partner Endeavor SA, strengthens Africa’s pipeline of investment‑ready agri‑tech ventures by delivering tailored 1‑1 mentoring, portfolio management, masterclasses, and visibility support over a 14‑month program. The project aims to overcome the continent‑wide shortage of Series‑A/B‑ready agritech companies, improve job creation, and contribute to market‑building aligned with FMO Ventures Program and Building Prospects objectives. The main participants, and therefore beneficiaries of the accelerator, were 8-10 agri-tech or agri-adjacent ventures across Africa.

Global Food and Agribusiness Network Peer Ederer — €28,000 Technical Assistance

This Technical Assistance project finances the development and facilitation of two agribusiness case studies for the African Cheetahs Roundtable 2026, a peer‑learning platform for high‑growth African agribusinesses, implemented alongside the consultant Global Food and Agribusiness Network Peer Ederer. The work supports strategic dialogue on geopolitical shifts, growth constraints, and capital allocation, strengthening leadership, sector insights, and FMO’s engagement with key current and prospective clients, who are therefore the main beneficiaries.

Watu Credit Uganda Limited — €23,153 Technical Assistance

Implemented with the consultant IBIS Environmental Social Consulting Europe SAS, this assignment supports Watu’s electric mobility subsidiary EVAM/GOGO Uganda by developing and implementing a practical Environmental & Social Management System (ESMS) tailored to both corporate operations and a network of 72 battery‑swapping stations. The project includes ESMS design, training, operational procedures, governance structures, and three months of ongoing advisory to strengthen E&S compliance and long‑term sustainability.

Ecofy Finance Private Limited — €12,200 Technical Assistance

This project supports Ecofy India in obtaining CERISE+SPTF Client Protection Certification by assessing their current client protection practices, identifying gaps, and guiding them through compliance with entry‑level, progress, and advanced indicators. The assignment includes desk review, onsite assessment, detailed reporting, and—if needed—an adjustment phase to help Ecofy achieve certification and strengthen responsible finance practices.

Nile Fresh Pty Ltd — €25,526 Development Contribution Grant

This project supports Nile Fresh in developing and implementing a fit‑for‑purpose Environmental & Social Management System (ESMS) to address key risks such as food safety, occupational health & safety, pesticide management, data privacy, and supply‑chain ESG practices. A consultant will conduct an ESG gap assessment, build the ESMS, and provide coaching and tools to embed E&S management into Nile’s growing operations.

Nile Fresh Pty Ltd — €22,883 Development Contribution Grant

This project supports Nile Fresh in implementing Microsoft Dynamics 365 Business Central ERP, including modules for warehouse management, exports, financing, and business intelligence. The ERP upgrade addresses operational inefficiencies, strengthens financial transparency, reduces food waste through improved traceability, and builds a scalable digital backbone to support Nile’s expansion into agri‑financing and sea‑freight exports.

EA Foods Limited — €14,625 Technical Assistance

This Technical Assistance project supports EA Foods in developing a comprehensive HR strategy, beginning with an HR gap assessment—interviews, document audit, and an employee pulse survey—followed by the creation of a unified HR Strategy Playbook, implemented in collaboration with the consultant Sagana GmbH. The work aims to professionalize HR across areas such as performance management, compensation, career progression, and organizational design, enabling EA Foods to align HR systems with business growth and improve gender‑responsive talent management.

Sagana GmbH — €20,225 Technical Assistance

This project finances Module 1: Overall Project Management for FMO’s Climate TA Framework in Year 2, supporting coordination between Sagana, SLR, FMO teams, and participating customers. Activities include bi‑monthly updates, task‑order tracking, reporting, stakeholder alignment, proposal development, and ensuring smooth delivery of climate advisory assignments across the portfolio.

Ikigai SA Holdings (Pty) Ltd (“Sustainabuild Group”), a portfolio company of African Forestry Fund II — $156,000 Technical Assistance

This project, implemented in collaboration with the consultant Seric Partners, aims to strengthen Sustainabuild’s (a portfolio company in the Africa Forestry Fund II) organizational capacity by developing a skilled, adaptive workforce through structured professional development, leadership training, and workforce innovation. It focuses on improving productivity, enabling rapid growth, and advancing gender equity within South Africa’s sustainable construction and manufacturing sectors.

New Forests Company Holdings I Limited — €23,851 Technical Assistance

This project, implemented with the consultant Technoserve, supports the New Forests Company in developing an Inclusive Business Plan to prioritize value‑addition opportunities, strengthen downstream processing capacity, and prepare for fundraising. It also identifies how to integrate smallholder farmers into NFC’s timber supply chain to enhance climate impact, wood utilization, and inclusive growth.

Afrigreen Debt Impact Fund SLP — €21,075 Technical Assistance

This project, implemented in collaboration with the consultant Value for Women, supports AfriGreen in developing a practical, data‑informed understanding of gender inclusion across its Nigerian renewable‑energy portfolio. It identifies realistic, actionable pathways for improving gender inclusion—spanning recruitment, workplace culture, leadership pipelines, and investee engagement—while strengthening AfriGreen’s internal capacity to promote inclusive practices across its operations.

Value for Women — €26,750 Technical Assistance

This project provides coordination support for FMO’s Gender‑Inclusive Business & Investment Practices Technical Advisory Offering with the consultant Value for Women. This project management module ensures alignment between Value for Women, FMO teams, and participating FMO clients. It focuses on managing task orders, convening meetings, knowledge sharing, and producing bi‑annual learning reports to strengthen gender‑inclusive approaches across FMO’s global portfolio.

AMI African Management Initiative — €7,370 Technical Assistance

This project funds a 2‑day design workshop between multiple educational service providers such as AMI (the selected Program Manager) and GFAN, and other DFIs to kickstart the design of the proposed African Cheetahs Academy, a world-class offer for middle-upper managers of FMO's key customers and prospects to develop leadership and business skills. The workshop aims to refine program structure, evaluate partnership fit, and agree on next steps for shaping a sector‑level capacity‑building initiative supporting high‑potential agribusiness leaders across Africa.

Miro Forestry Developments Limited — €40,000 Technical Assistance

This project, implemented with the consultant Stichting BoP Innovation Center, funds an independent business review and action plan to help Miro address financial and operational underperformance, strengthen liquidity, and support short‑ to medium‑term turnaround efforts. The work focuses on improving sawmill/plymill efficiency, cost‑cutting, working‑capital management, and validating the company’s business plan to safeguard viability and the impact of FMO’s investment.

Yalelo Uganda SMC Limited — €1,824 Development Contribution Grant (FMOxChange Program)

This FMOxChange initiative enables Yalelo Uganda to learn from Kilic Holding’s advanced aquaculture practices, with a focus on GHG emissions monitoring, waste management, and health & safety systems. The exchange aims to strengthen Yalelo’s environmental sustainability management, equip the HSES team with practical methodologies, and support integration of improved monitoring tools and safety practices into YU’s operations.