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Digital Subscriptions > Development Finance > Development Finance > FMO joins Energy Access Venture fund to support renewable energy in Africa

FMO joins Energy Access Venture fund to support renewable energy in Africa

Sub-Saharan Africa

The Dutch development bank FMO has joined Energy Access Ventures (EAV), a venture capital firm focused on Africa, in raising its Fund I vehicle to €75 million.

FMO has increased the fund’s capital with the support of its existing partners, Schneider Electric and UK development finance institution CDC.

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