MARIS LIMITED
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
Maris Ltd is an industrial holding company with diversified interests spread across Africa.
What is our funding objective?
To allow Maris’s management to hire an international consultant to guide them on Environmental and Social policies and Business integrity practices.
Why do we fund this investment?
Armed with more knowledge on the implementation of an ESMS and better Business Integrity (BI) practices, Maris will be better equipped to take E&S aspects and BI into account in their deal structuring. At the same time, this Capacity Development project will generate new business insights that help Maris decision makers and senior staff steer the organization to a higher level of performance.
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9/12/2019 | USD 10.20 MLN |
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- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 10/13/2017
- End date
- 1/30/2019
- Total FMO financing
- EUR 0.05 MLN
- Funding
- MASSIF
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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) - A