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.

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.

21 October 2024 10:47

Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy

Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy.

Inside Equity Fund invested in Alpha Polyplast, a Zambian company that specialises in recycling plastic waste, to increase its capacity to recycle plastic waste throughout the country. Photo: Alpha Polyplast

29 July 2024 12:47

Catalysing sustainable growth through SMEs in Southeast Africa

Swedfund, Sweden’s development finance institution, has invested USD 10 million in Inside Equity Fund II, aiming to support small and medium-sized enterprises (SMEs) with impactful and innovative solutions in Zambia, Madagascar, Mauritius, Tanzania, Malawi and Mozambique.

16 July 2024 13:46

Investment for enhanced access to finance for MSMEs in Nigeria

Swedfund invests USD 30 million in Access Bank Nigeria Plc to reach underserved MSMEs (micro, small and medium enterprises) at scale. By providing long-term capital and capacity building to unbanked and under-banked companies in Nigeria, the investment is expected to support sustainable private sector development and inclusive growth.

At least 75,000 inhabitants in low-lying areas of Nouakchott will be protected against flooding and benefit from new drainage solutions. Photo: Shutterstock

4 July 2024 07:22

Swedfund invests in urban resilience fund for African cities

To help cities in Africa adapt to the effects of climate change and reduce greenhouse gas emissions, Swedfund has invested EUR 30 million in The Urban Resilience Fund (TURF).

Xurya’s solar systems in Indonesia, South Jakarta. Photo: Xurya Daya Indonesia

2 July 2024 13:06

Swedfund makes first renewable energy investment in Indonesia

Swedfund, Sweden's development finance institution, has announced an equity investment of USD 10 million in Xurya, an innovative Indonesian solar rooftop company. Xurya enables commercial and industrial companies across the country to adopt solar power with no upfront costs, displacing fossil fuel-based power generation.

5 April 2024 13:08

Sustainable investments for job growth and climate action: Swedfund's Annual Report 2023

Swedfund, Sweden’s development finance institution, has published its integrated annual report for 2023: Voices for Development Finance. With a growing portfolio, increased job growth and a continued focus on climate, gender equality and digitalisation, the report showcases the impact of Swedfund’s results from 2023.

Founded by a female entrepreneur, Kinshasa-based DPXL is known for urban signs & billboards. The company has received XSML funding for new equipment and is now looking to expand further. Photo: Sighted Design, DRC

11 March 2024 11:33

Investing for continued support to SMEs in Central and East Africa

Swedfund invests 15 MUSD in African Rivers Fund IV, an impact-oriented credit fund empowering sustainable growing companies in Central and East Africa to increase access to long term small and medium-sized enterprise (SME) financing and support for sustainable private sector growth.

12 February 2024 07:00

Swedfund invests in Teyliom Finance to promote financial inclusion in West Africa

Swedfund invests USD 5 million in a loan to Teyliom Finance, a subsidiary of Teyliom Group, a leading pan-African group active in five industries, across twelve countries. The investment is directed towards Bridge Bank Microfinance to strengthen financing for micro, small and medium sized enterprises (MSMEs) and is expected to enhance financial empowerment of women in Côte D'Ivoire.

30 January 2024 12:40

Investment to strengthen small and medium sized companies in Francophone Africa

On December 31, 2023, Swedfund, Sweden’s Development Finance Institution, invested 15 MEUR Joliba Capital Fund I. The investment will enable growth of small and medium sized companies which are key for private sector growth and job creation in the least developed regions of Francophone Africa.

22 January 2024 08:30

Investment to accelerate the energy transition in Southeast Asia

On December 22, 2023, Swedfund invested 12 MUSD in Southeast Asia Clean Energy Fund II (SEACEF II). This investment will contribute to providing scale-up capital to early-stage companies focused on advancing the low-carbon transition in some of Southeast Asia's most fossil fuel-intensive economies.

Categories: responsible investment