Swedfund

14 May 2025 13:09

European DFIs invest in BluePeak Private Capital Fund II to boost jobs, resilience, and private sector growth

Four European Development Finance Institutions (EDFIs), British International Investment (BII), FMO, Swedfund, and Swiss Investment Fund for Emerging Markets (SIFEM) have jointly committed $80 million to BluePeak Private Capital Fund II (BPCF II), a fund focused on addressing the financing needs of mid-sized businesses in Africa, with an emphasis on ESG best practices and meaningful impact.

Evi – Klaten, Central Java – Pottery Maker. Evi is one of Amartha’s customers who runs a traditional pottery business. What started in her backyard has now reached homes all the way in France through her handcrafted pieces.

9 May 2025 08:40

Swedfund, Finnfund and BIO join IFC-led syndication to invest in Amartha, improving access to finance for women in rural Indonesia

Development Finance Institutions Swedfund, Finnfund, and the Belgian Investment Company for Developing Countries (BIO), have jointly provided a loan of USD 55 million to Amartha, an Indonesian microfinance fintech company, to drive financial inclusion for women entrepreneurs.

6 May 2025 07:00

Swedfund invests in preservation and creation of African SME jobs

Swedfund is investing USD 15 million in TLG Africa Growth Impact Fund II (TLG II). Through the investment, Swedfund aims to support the preservation and creation of decent jobs in small and medium size companies that otherwise struggle to find financing.

8 April 2025 07:50

Swedfund invests for improved access to financial services in Africa

Swedfund invests EUR 26 million in AfricInvest’s Financial Inclusion Vehicle (FIVE), a platform designed to support financial institutions across Africa.

1 April 2025 08:16

In a time of increased need - Swedfund's model delivers sustainable results

Swedfund accelerated sustainable investments for climate action and poverty reduction to a total value of SEK 2.7 billion while also delivering a positive financial result. Ukraine was prioritised, resulting in 25 new projects within critical infrastructure. On Monday, Swedfund published its Integrated Annual and Sustainability Report for 2024 - Investing for Employment, Environment, Empowerment.

20 March 2025 07:52

Swedfund invests in African SME Fund

Swedfund has committed EUR 15 million to the AfricInvest Small Cap Fund, a private equity initiative focused on supporting small and medium-sized enterprises (SMEs) across Africa. This indirect investment can enable more growth-oriented investments to unlock the full potential of SMEs in Africa.

20 February 2025 09:30

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.

18 February 2025 15:51

Swedfund continues to support SME lending in Kenya

Swedfund has announced a second investment of USD 7.5 million in Kenya's Victoria Commercial Bank (VCB) PLC. The loan will further strengthen the bank's ability to finance small and medium-sized enterprises (SMEs), which play a vital role in Kenya's economy by creating jobs and driving growth.

31 January 2025 14:14

Swedfund supports local food processing and smallholder farmers in Africa

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.

Biovea biomass plant in Côte d'Ivoire. Photo: EAAIF

29 January 2025 09:22

Swedfund invests for climate resilient infrastructure and digital connectivity in Africa and emerging Asia

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.

Sturdee Energy’s Bobonong and Shakawe Solar PV Projects in Botswana, the first solar IPP projects in Botswana. Photo: Sturdee Energy

9 December 2024 09:21

Swedfund and IFU invest in renewable energy development in Southern Africa

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.

Mohizi is a small-scale, women-led plantain chips producer in Côte d'Ivoire that has been able to formalise and grow its business with loans and support from COFINA. Photo: Axel Hallgren/Swedfund

13 November 2024 09:06

Closing MSME finance gap in Côte d’Ivoire and Senegal

Swedfund has invested EUR 20 million in Compagnie Financière Africaine (COFINA), a leading mesofinance institution that provides loans to micro, small and medium-sized businesses in West and Central Africa to enable them to develop and grow their business.

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