INFRONTIER LIMITED
Status: Approved investmentWhy disclosure?
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In case of questions
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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
InFrontier Limited is a specialist investment firm focusing on frontier markets and the fund manager of InFrontier AP LP (“Fund”) which is an Afghanistan-focused, sector agnostic, first-time fund. The Fund Manager invests in SMEs that are or have the potential to become market leaders in Afghanistan in high growth sectors such as financial services, telecom, agri-processing, healthcare and consumer driven companies.
What is our funding objective?
In August 2021 US troops began withdrawing from Afghanistan, which was followed by an insurgency in the country. The ongoing insurgency has caused significant humanitarian and economic hardship which compounds other challenges that make Afghanistan one of the most fragile states in the world. FMO provides an emergency grant to set up offices for InFrontier Limited in Uzbekistan and UAE and relocate their team members for business continuity purposes. The grant will enable InFrontier to continue operations, safeguard the local team and support their portfolio companies.
Why do we fund this investment?
This project is closely aligned with the MASSIF strategy to fund SMEs in least financially penetrated and fragile countries to enable local prosperity and stability.
More investments
| Date | Total FMO financing |
|---|---|
| 6/8/2023 | EUR 0.20 MLN |
- Region
- Asia
- Country
- Afghanistan
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 10/11/2021
- Total FMO financing
- EUR 0.10 MLN
- Funding
- MASSIF