Thursday
March 26
2026

FMO Supports CiGaba to Unlock Domestic Capital for Young and Growing Businesses in West Africa

FMO, the Dutch entrepreneurial development bank, announces USD 1,25 million in catalytic operational support for CiGaba, a Ghana-domiciled fund of funds managed by Savannah Impact Advisory, to strengthen its early-stage operations and market building role. The support is funded by the European Union under the Investing in Young Businesses in Africa Team Europe Initiative (IYBA‑TEI), contributing to the broader Team Europe ambition of strengthening inclusive private sector development and resilient local capital markets in Africa.

Source: Entrepreneurial Development Bank (link opens in a new window)

Categories
Investing
Tags
business development, development finance, youth