Topics: Natural resources

  • A farmer uses a Sistema.bio biodigester, part of Novastar’s portfolio supporting sustainable farming. Photo: Sistema.bio

    Swedfund invests in African climate tech and innovation

    Swedfund, Sweden’s Development Finance Institution, commits USD 10 million to the Novastar Ventures Africa People and Planet Fund III (NVIII) to increase access to capital for African companies that are tackling climate change and development challenges through clean and climate-positive technologies.

  • Swedfund, BII and Norfund invest $85 million in AgDevCo to support agribusinesses in Africa

    Swedfund, BII and Norfund invest $85 million in AgDevCo to support agribusinesses in Africa

    Swedfund, alongside BII and Norfund, have announced a joint $85 million investment in AgDevCo, the specialist investor transforming agriculture across sub-Saharan Africa. The investment comprises up to $20 million from Swedfund, $50 million from BII and $15 million from Norfund, aimed at supporting high-impact agribusinesses to increase productivity and improve food security in rural areas.

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