News

News

DFC invests in BIX Capital and FMO recommits

DFC becomes BIX Capital’s most recent investor and FMO makes further commitments

U.S. International Development Finance Corporation (DFC), formerly the Overseas Private Investment Corporation (OPIC), has committed a USD 5 million loan to BIX Capital. In addition, FMO, the Dutch entrepreneurial development bank has reclassified part of its existing USD 5 million commitment to mezzanine financing, showing their continued commitment to clean cooking and to BIX Capital.

Read the full announcement here

BIX IS AN INITIATIVE OF CARDANO DEVELOPMENT, SHELL FOUNDATION AND FOUNT