Swedfund welcomes Adam Levén as new CFO
Swedfund, Sweden's development finance institution, has appointed Adam Levén as Chief Financial Officer (CFO).
Swedfund, Sweden's development finance institution, has appointed Adam Levén as Chief Financial Officer (CFO).
Swedfund is providing a USD 20 million loan to the Africa Go Green Fund to support companies that reduce emissions and improve energy efficiency across Africa. The investment will increase access to debt financing for businesses working in areas such as green buildings, clean cooking, green transport and industrial energy efficiency.
Swedfund invests USD 12 million in Acumen Resilient Agriculture Fund II (ARAF II). The investment supports growing food and agriculture companies across Africa that strengthen agricultural value chains. By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.
Swedfund is investing an additional USD 5 million in TLG Africa Growth Impact Fund II (TLG II). The investment will further support the preservation and creation of decent jobs in small and medium sized companies that otherwise struggle to access financing.
Swedfund invests USD 15 million in Citizens Development Business Finance (CDB) to expand access to financing for micro, small and medium-sized enterprises (MSMEs) in Sri Lanka. The investment is expected to contribute to job creation and women’s economic empowerment. Sri Lanka has faced several years of economic challenges that have constrained access to long-term financing for businesses. MSM
Swedfund has committed USD 15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines. The investment aims to help local businesses grow, strengthen their operations, and create more productive and better-quality jobs.
Swedfund invests USD 15 million in LB Finance to expand financing for micro, small and medium sized enterprises (MSMEs) in Sri Lanka and support lower emissions transport solutions. The investment is expected to contribute to job creation and long-term private sector development.