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. 

There is often limited information publicly available about what development banks are funding through financial intermediaries. In 2021, the Early Warning System partnered with Oxfam International to incorporate information on high-risk projects being funded by financial intermediaries financed by the International Finance Corporation (IFC) and the Dutch Development Bank (FMO).

The relationships listed below contain information about the high-risk subprojects of IFC and FMO's financial intermediary investments made from 2017 through 2020, and any associated ring fences.

The database does not explicitly or implicitly imply that IFC or FMO have material exposure to or are contractually or legally accountable to the sub-projects financed by their financial intermediaries.

For more information, please review our Methodology.