Swedfund supports increased local processing capacity in African through a working capital loan of up to USD 15 million to Robust International (Robust). The loan will enable Robust to source local commodities to new processing facilities and thereby spur job creation, economic growth and trade.
Swedfund, Sweden's development finance institution, is committing €40 million to the Emerging Africa & Asia Infrastructure Fund EAAIF. The investment will address infrastructure gaps in Africa, the Levant and South and Southeast Asia by supporting projects that elevate climate action and support inclusive and sustainable development.
Swedfund and the Danish Investment Fund for Developing Countries, IFU, have partnered with Sturdee Energy to accelerate the expansion of renewable energy in Southern Africa, with a primary focus on South Africa, a country heavily reliant on coal-fired electricity.
Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy.
To help cities in Africa adapt to the effects of climate change and reduce greenhouse gas emissions, Swedfund has invested EUR 30 million in The Urban Resilience Fund (TURF).
Swedfund, Sweden's development finance institution, has announced an equity investment of USD 10 million in Xurya, an innovative Indonesian solar rooftop company. Xurya enables commercial and industrial companies across the country to adopt solar power with no upfront costs, displacing fossil fuel-based power generation.
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.