About
FMO is a financial institution based in the Netherlands that focuses on private sector development in developing countries. Founded in 1970, FMO aims to support sustainable private sector growth by investing in ambitious projects and entrepreneurs across 85 countries. Its mission includes generating jobs and improving people’s lives in regions where it can make the most significant impact.
Project Focus
Shell Foundation and FMO have a Memorandum of Understanding (MoU) to support the just and inclusive energy transition in sub-Saharan Africa and India. The multi-year agreement signed in 2022 will explore new climate financing opportunities, facilitate market creation in cutting-edge renewable spheres, and encourage a coordinated funding approach for the distributed renewable energy sector.
The MOU builds on a previous agreement that concluded in 2019, as well as collaborations and co-investments in companies and financial intermediaries, such as the Energy and Entrepreneurs Growth Fund (EEGF) and SIMA Fund’s Energy Access Relief Fund (EARF).
Insights and impact
Latest news and updates
Scale Partnerships
Transporters
Southeast Asia
India
Mobility
Electric Vehicles
Food delivery platform Zomato has introduced a new initiative
As summer temperatures soar across India, food delivery platform Zomato has introduced a new initiative aimed at making working conditions…
30th April 2026
Gender
East Africa
Southeast Asia
West Africa
Sub-Saharan Africa
Energy
Advancing clean energy for impact: a pathway to women’s economic empowerment
Climate change is not gender neutral. In Africa, it could push 158 million more women into poverty by 2050.
24th April 2026