REGMIFA, the Regional MSME Investment Fund for sub-Saharan Africa, has attracted a further $10 million from Dutch-based entrepreneurial development bank FMO.

The investment will finance loans to businesses and low- and middle-income households via more than 50 selected financial institutions. The investment in class B-Shares for a maturity of seven years will increase the fund’s total assets to above $160 million.

REGMIFA is a public-private partnership advised by Symbiotics. ...