financial inclusion

Additional commitment to strengthen the support to African companies

Press releases   •   Dec 11, 2020 09:09 UTC

The Swedish Development Finance Institution Swedfund is making an additional investment in African Development Partners (“ADP”) III to further support the development of the private sector in Africa. The fund will contribute to significant social development by creating new jobs and tax revenues through its investments across the African continent. The fund exercises active ownership with a clear

Swedish investments for private sector growth – in DRC, Uganda and Angola

Press releases   •   Sep 03, 2020 09:55 UTC

Today Swedfund announces an investment of USD 10m in African Rivers Fund 3 (ARF 3), together with IFC, FMO, BIO and DGGF. African Rivers Fund 3 will primarily provide loan financing to small and medium-sized companies in DRC (Democratic Republic of Congo), Uganda and Angola.

​Swedfund supports inclusive growth in Sri Lanka

Press releases   •   Dec 20, 2019 15:17 UTC

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 contributes with 15 million dollars in loan financing to the Bank of Georgia

Press releases   •   Dec 18, 2019 10:39 UTC

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.

​Swedfund makes large commitment to the off-grid solar energy sector

News   •   Aug 31, 2020 11:55 UTC

Swedfund invests in Equity Bank Kenya

News   •   Jul 31, 2019 08:57 UTC

​Swedfund provides a USD 15 million long-term subordinated loan to Equity Bank Kenya, a leading Kenyan commercial bank with strong focus on small and medium sized enterprises (SMEs). By supporting Equity Bank, Swedfund will contribute to private sector development, job creation, and responsible lending practices.

Swedfund supports SMEs in Kenya, Uganda and Tanzania

News   •   Jan 04, 2019 13:14 UTC

The Swedish Development Finance Institution, Swedfund, lends 10 million EUR to Premier, a financial institution providing credit to private individuals and small and medium-sized enterprises, SMEs, in Kenya, Uganda and Tanzania.

This is why we invest in financial institutions and funds

News   •   Oct 02, 2017 06:59 UTC

​An effective finance sector is fundamental for a country’s economic growth. By investing in banks and funds, Swedfund contributes to financial inclusion, job creation and sustainable businesses.