WIC Capital joins forces with the FMO

The investment fund dedicated to gender investments in French-speaking West Africa has joined forces with the Dutch development bank FMO.

24/12/2020 at 15h40, by Africa Business+

Thanks to a partnership agreement, the Dutch Entrepreneurial Development Bank (FMO), via its investment fund Massif, will provide two grants to the Women’s Investment Club (WIC) Capital and its sister entity WIC Académie. The first grant will serve as a first-loss line and should enable the WIC to raise a total of €12 million on the financial market.

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