The information on this page is intended for journalists, press and media. Click YES to get to the newsroom. If you click NO you will come back to Mynewsdesk.com.
Swedfund and Ukraine’s state-owned energy company Naftogaz, has signed a Memorandum of Understanding (MOU) aimed at supporting the modernisation of combined heat and power plants (CHPs) and advancing renewable energy projects in Ukraine.
Swedfund, Sweden’s development finance institution, has published its integrated annual report for 2023: Voices for Development Finance. With a growing portfolio, increased job growth and a continued focus on climate, gender equality and digitalisation, the report showcases the impact of Swedfund’s results from 2023.
Swedfund invests 15 MUSD in African Rivers Fund IV, an impact-oriented credit fund empowering sustainable growing companies in Central and East Africa to increase access to long term small and medium-sized enterprise (SME) financing and support for sustainable private sector growth.
Swedfund invests USD 5 million in a loan to Teyliom Finance, a subsidiary of Teyliom Group, a leading pan-African group active in five industries, across twelve countries. The investment is directed towards Bridge Bank Microfinance to strengthen financing for micro, small and medium sized enterprises (MSMEs) and is expected to enhance financial empowerment of women in Côte D'Ivoire.
On December 31, 2023, Swedfund, Sweden’s Development Finance Institution, invested 15 MEUR Joliba Capital Fund I. The investment will enable growth of small and medium sized companies which are key for private sector growth and job creation in the least developed regions of Francophone Africa.
Swedfund has decided to support the agri-fintech company Apollo Agriculture in Kenya through a loan of USD 5 million.
On December 22, 2023, Swedfund invested 12 MUSD in Southeast Asia Clean Energy Fund II (SEACEF II). This investment will contribute to providing scale-up capital to early-stage companies focused on advancing the low-carbon transition in some of Southeast Asia's most fossil fuel-intensive economies.
Swedfund invests USD 32 million in Apis Growth Markets Fund III, a fund serving low- and middle-income consumers across Africa, South and Southeast Asia.
On October 20th, Swedfund, Sweden’s Development Finance Institution, invested an additional USD 5 million in Husk Power Systems (Husk), a rural electrification company. The funding will contribute to the continued construction of mini grids in Nigeria and India, enabling increased access to clean, affordable, and reliable energy in rural and semi-urban areas.
Swedfund has invested USD 25 million in the Indian fund South Asia Growth Fund III (SAGF III), managed by GEF Capital. The fund has a broad mandate to invest in various sectors, where the focus is on climate benefits and resource efficiency in everything from the agricultural sector to industrial solutions, primarily in India, and to some extent in Southeast Asia.
Swedfund invests EUR 20 million in Amethis Fund III, which is an African fund to further support the development of the private sector in Africa. The fund will help create new jobs and tax revenues through its investments across the African continent.
Swedfund, together with the EBRD (European Bank for Reconstruction and Development) and anumber of other development financiers, has the 21st of June signed an MoU (Memorandum of Understanding) on investments in the private sector as part of the reconstruction of the country.Several European development finance institutions are now stepping up their efforts to prepare for the reconstruction o
When you choose to create a user account and follow a newsroom your personal data will be used by us and the owner of the newsroom, for you to receive news and updates according to your subscription settings.
To learn more about this, please read our Privacy Policy, which applies to our use of your personal data, and our Privacy Policy for Contacts, which applies to the use of your personal data by the owner of the newsroom you follow.
Please note that our Terms of Use apply to all use of our services.
You can withdraw your consent at any time by unsubscribing or deleting your account.
Email sent to __email__. Click the link there to follow Swedfund.