Several clinics and hospitals have already received support. Now support is also going to a cancer clinic in Ghana as well as a healthcare facility in Liberia. At the top of the priority is protective masks, education and the possibility to separate people who are infected with Covid-19 from other patients and healthcare workers.
The Swedish development finance institution Swedfund has long experience of working in developing countries and was during the Ebola outbreak active in the countries most affected in Africa. Based on theexperience of investing in Africa, Swedfund has asked all its hospitals and clinics to specify how Swedfund can assist them in protecting personnel, clinics and hospitals from the Corona pandemic
According to WHO, more than 300 000 women died in 2015 from pregnancy related causes. Two thirds of these deaths occurred in Sub Saharan Africa. Some of the gaps leading to poor outcomes are delays in seeking care, delays in action or inadequate care by providers. Gaps that Jacaranda Maternity addresses through its maternal care model.
LOLC Group subsidiary and LOFC (LOLC Finance PLC) has signed an agreement with Swedfund, to receive a total of 10 million dollars in a Senior Loan. LOFC is a leading financial institution in Sri Lanka that enables financial inclusion, an increased tax base and job creation. For Swedfund these are important tools to reduce poverty and support democratic development.
Swedfund joins several other European development finance institutions in a subordinated 15 million dollar-loan to Georgia's second largest bank, Bank of Georgia. Through lending to small and medium-sized companies in a systemically important bank, Swedfund contributes to supporting growth in Georgia.
Sweden's development financial institution Swedfund has invested 15 million dollars in the African Development Partners III fund. With this investment, Swedfund sees an opportunity to continue to contribute to the sustainable development and growth of more companies in Africa. The Fund exercises active ownership with a clear focus on ESG issues such as business ethics and anti-corruption.
Swedfund, have together with the Development financial institutions IFC, Proparco, Finnfund and the Danish Investment Fund for Developing countries - IFU, invested in Hospital Holdings Investment (HHI) holding company, launched at the Investment for Africa Forum in Cairo on November 23rd, 2019.
For the first time The UN PRI has launched a Leaders’ Group to highlight leading practices in Responsible Investing. Together with 47 other institutional investors, Swedfund has been selected amongst more than 2,300 signatories.
Today, 7 out of every 10 new hospital beds in Asia, are built by the private sector. With an investment of USD 15 million in Quadria Capital Fund II, Swedfund will reach the healthcare sector in South and South East Asia, through investments in areas such as healthcare services, pharma and laboratory businesses in countries like India, Indonesia and the Philippines.
Over the past year Swedfund has assessed a number of investment opportunities in the resource efficiency space in order to broaden Swedfund’s scope within climate and further align Swedfund’s mission with the Paris Agreement. Swedfund, as one of several European development finance institutions, has now invested in South Asia Growth Fund II (SAGF II).
Solar Energy to 360 million people - but lack of responsible management of e-waste can become the dark side of the off grid market in developing countries.
Swedfund continues investing in renewable energy projects by committing to invest USD 15 million in shares of JCM Power. JCM develops, builds and operates solar- and wind power plants in developing countries.
Swedfund is the Swedish government’s Development Finance Institution, contributing through sustainable investment to economic and environmental development as well as a positive impact to society in the world poorest countries.
