12 Best FMO Alternatives & Similar Investors (2026)

Investors similar to FMO by type and sector focus.

Development Bank of Southern Africa

Infrastructure, Energy, E-mobility · South Africa

British International Investment

Clean energy, Financial services, Infrastructure · United Kingdom

Finnfund

Energy, Connectivity, Financial inclusion, Forestry

Africa50

Energy, Infrastructure, Mobility · Morocco

Norfund

Clean energy, Financial services, Agribusiness · Norway

Swedfund

Clean energy, Financial inclusion, Health · Sweden

Absa Group

Energy, Corporates, Structured finance · South Africa

Oikocredit

Financial inclusion, Agriculture, Renewable energy · Netherlands

KCB Group

Corporates, Energy, SMEs · Kenya

IFU

Health, Energy, Agribusiness, Financial services

Stanbic Bank Kenya

Corporates, Energy, Structured finance · Kenya

Afrigreen Debt Impact Fund

C&I solar, Clean energy · France