Swedfund welcomes Adam Levén as new CFO
Swedfund, Sweden's development finance institution, has appointed Adam Levén as Chief Financial Officer (CFO).
Swedfund, Sweden's development finance institution, has appointed Adam Levén as Chief Financial Officer (CFO).
Swedfund is providing a USD 20 million loan to the Africa Go Green Fund to support companies that reduce emissions and improve energy efficiency across Africa. The investment will increase access to debt financing for businesses working in areas such as green buildings, clean cooking, green transport and industrial energy efficiency.
Swedfund invests USD 12 million in Acumen Resilient Agriculture Fund II (ARAF II). The investment supports growing food and agriculture companies across Africa that strengthen agricultural value chains. By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.
Swedfund is investing an additional USD 5 million in TLG Africa Growth Impact Fund II (TLG II). The investment will further support the preservation and creation of decent jobs in small and medium sized companies that otherwise struggle to access financing.
Swedfund invests USD 15 million in Citizens Development Business Finance (CDB) to expand access to financing for micro, small and medium-sized enterprises (MSMEs) in Sri Lanka. The investment is expected to contribute to job creation and women’s economic empowerment. Sri Lanka has faced several years of economic challenges that have constrained access to long-term financing for businesses. MSM
Swedfund has committed USD 15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines. The investment aims to help local businesses grow, strengthen their operations, and create more productive and better-quality jobs.
Swedfund invests USD 15 million in LB Finance to expand financing for micro, small and medium sized enterprises (MSMEs) in Sri Lanka and support lower emissions transport solutions. The investment is expected to contribute to job creation and long-term private sector development.
Swedfund’s Annual and Sustainability Report 2025 shows that long-term investments in developing countries contribute to positive development outcomes, while the portfolio has continued to deliver stable results.
Swedfund has committed USD 600,000 to support Jacaranda Maternity expand its network of affordable maternity hospitals in Kenya. The funding supports innovations in neonatal intensive care and strengthens Jacaranda's ability to provide life-saving services to underserved populations.
Swedfund is investing USD 15 million in Phatisa Food Fund 3, which focuses on established companies across the food value chain in multiple African markets. The investment aims to improve food security, support decent job creation, and contribute to more resilient and sustainable food systems.
Swedfund invests USD 15 million in the Rebuild Ukraine Fund (REBUF) to support Ukraine’s economic recovery. The investment will provide long term capital to small and medium sized enterprises, helping sustain jobs and access to essential goods and services in a country affected by war.
Swedfund invests USD 20 million as a loan to India’s leading microfinance institution CreditAccess Grameen Ltd. The loan will contribute to empowering primarily low-income women across India, largely in rural areas, to participate in the economy. This in turn will spur job creation and local development.
Swedfund invests USD 20 million in Mutual Trust Bank PLC (MTB), in Bangladesh. The loan will secure long term financing for Micro-, Small- and Medium-sized Enterprises (MSMEs), contributing to growth and job creation, as well as for climate action measures.
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.
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.
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.
Swedfund invests EUR 26 million in AfricInvest’s Financial Inclusion Vehicle (FIVE), a platform designed to support financial institutions across Africa.
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.
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.
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.