Press release -
Swedfund invests in small and medium enterprises in Sub-Saharan Africa
Swedfund invests MEUR 8 inAfricInvest Fund III LLC, a pan-African fund focused on small and mediumenterprises in Sub-Saharan Africa. Through this investment Swedfund willcontribute to stimulating growth, job creation and sustainable development inmore companies in the region.
The fund has closed a total of154 MEUR in capital commitments to date. Investors include development financeinstitutions (DFIs), institutional investors and other private investors.
Read the press release fromAfricInvest here.
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About Swedfund
Swedfund, owned by the Swedish state, provides risk capital, expertise and financial support for investments in the emerging markets of Africa, Asia, Latin America and Eastern Europe. Our mission is poverty reduction through sustainable business, contributing to economic and environmental development as well as a positive impact to society. Since 1979 Swedfund has been engaged as an active, responsible and long-term investor in more than 230 companies in our countries of operation. www.swedfund.se