Dutch development financier FMO has approved a $10 million investment to Ascent Rift Valley Fund II (ARVF II), managed by Ascent Capital Africa.

ARVF II aims to invest in and develop regional SMEs in East Africa, making use of its local presence and hands-on investment approach to do so. By investing in ARVF II, FMO can contribute to the economic growth of East Africa and help develop the p...