Development Partners International (DPI) launches its second fund, African Development Partners II (ADP II). Through an investment in ADP II, Swedfund sees an opportunity to contribute to the expansion of a number of growing companies in Central and Sub-Saharan Africa.
Addax Bioenergy has become the first in Sierra Leone to be registered as a Clean Development Mechanism (CDM) project of the United Nations Framework Convention on Climate Change (UNFCCC). It is also the first sugarcane-based power generation project for ethanol production to be registered as a CDM project in Africa.
Swedfund International AB is participating with MUSD 10 in a long-term subordinated loan facility to TBC Bank in Georgia arranged by FMO, the Dutch development bank.
Swedfund’s mission is to work in the world’s most difficult environments where economic, as well as political, social and environmental risks are high. Sierra Leone is a country still greatly affected by the civil war of 1991-2002. Youth unemployment is currently 60 percent and is among the highest in West Africa.
Anna Ryott has a unique background with experience from both business and civil society organisations. At present, Anna Ryott holds the post of Managing Director of SOS Children’s Villages, Sweden.
Swedfund invests 3 MUSD in AAR Healthcare to accelerate growth and to increase accessibility and service offerings in East Africa.
For ten years I&P Capital has successfully invested in small and medium-sized companies (SMEs). By partnering with I&P Swedfund will contribute to the development of SMEs in Western Africa and the Indian Ocean region.
Swedfund International AB (Swedfund) welcomes independent reviews, either the focus is on our internal processes or on our portfolio companies operations. Such reviews are valuable as a complement to the reviews and monitoring we do ourselves.
Swedfund and 26 international finance institutions issued a joint communique below on the occasion of the launch of IFC’s Jobs Study “Assessing Private Sector Contributions to Job Creation and Poverty Reduction”.
UN Principles for Responsible Investment (UN PRI) has acknowledged Swedfund’s commitment to integrate the six Principles in our business activity and to submit an annual report of this work.
Four Nordic development finance institutions – Finnfund, IFU, Norfund and Swedfund – have completed a USD 34 million equity investment in Norsad Finance Limited, a provider of long term financing for SMEs in Southern Africa. The investment increases Norsad’s capital base to over USD 100 million and will facilitate the company’s strategy of expanding its investment activities in the region.
IFC, a member of the World Bank Group, and Swedfund, Sweden’s development finance institution, agreed today to increase and streamline their collaboration to provide much-needed financing to private sector companies and help boost growth and jobs in emerging markets.
