MOLECATEN AFRICA B.V.
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The family owned Dutch company "Molecaten" is specialized in tourism and runs 12 holiday parks in the Netherlands, one in Hungary and in six locations in Zambia and Malawi collectively. The activities in Africa are pursued under the name Robin Pope Safaris (RPS). RPS is seen as an innovator when it comes to responsible tourism and was awarded the Virgin Responsible Tourism Award. It also won an award in the poverty reduction category, where it was distinghuished for its commitment to grass roots sustainable community development through education and business development in the area.
What is our funding objective?
Molecaten Africa/RPS is striving to become one of the larger players on the the market and is therefore enlarging its market share by optimizing and expanding its business. FOM financing supported this through expanded accomodation for guests and optimized logistic services. Both activities contribute to enlarging the company's market share.
Why do we fund this investment?
RPS strives to remain a leader in the field of responsible tourism and continues to invest in this area. RPS cooperates with, amongst others, the WWF, African Parks and Frankfurter Zoo. FMO's financing supports RPS' commitment to poverty reduction and sustainable tourism.
- Region
- Africa
- Country
- Malawi
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 11/16/2012
- End date
- 7/22/2021
- Total FMO financing
- EUR 1.90 MLN
- Funding
- Fund Emerging Markets
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B