According to FMO website, the FMO is providing a USD 25 mln Trade finance facility under the Rabobank Trade finance Enhancement Facility Agreement with FMO, to strengthen Equity’s Trade Finance activities. The FMO is supporting Equity Bank as part of our strategy to promote and facilitate trade in and between emerging markets in support of economic growth. Kenya is the major Eastern African hub, therefore crucial for east African and global trade. Through this facility, FMO will support job creation, in agriculture, transport, manufacturing and wholesale sectors in Kenya and the eastern African community.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism.