According to bank provided information, Nomanini is raising a pre-Series B bridge round for existing and new investors to expand the team and execute on on-going and new projects in the pipeline. FMO intends to participate with a USD 500k convertible loan from the government fund MASSIF.
Headquarters in South Africa, Nomanini Holdings Proprietary Ltd. ("Nomanini", the "Company") offers technological solutions for informal retailers across Africa, allowing them to access financial services and improved access to working capital within the FMCG value chain.
*Contact information not provided at the time of disclosure*
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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