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Member of EDFI

As a development finance institution, Swedfund is one of 15 members of the European Development Finance Institutions (EDFI) network, which was established in 1992.

play a key role in accelerating the implementation of the 2030 Agenda by investing in and developing the private sector to promote inclusive growth, an growing tax base and increased trade between countries. Our investments lead to more jobs, increased access to essential goods and services such as electricity, digital solutions, food and access to capital to grow or develop a business locally.

At a strategic level, the EDFI's agenda is harmonised with the UN Sustainable Development Goals. EDFI members make joint investments and have developed common requirements for their activities and how to monitor them. This means that more companies in developing countries are reaching international standards and moving in a more sustainable direction, which is key to mobilising capital from other investors. Together, we have a portfolio worth around €50 billion in sectors such as renewable energy, financial inclusion and financial inclusion. 

The EDFI Management Company (EDFI MC) was established to manage common interests and increase efficiency and opportunities for co-investment between the European development finance institutions. EDFI MC is also responsible for funds from the EU under the two programmes ElectriFI, which implements investments for increased electrification in Africa, and AgriFI, which addresses issues linked to the food sector and agriculture. EDFI MC also has access to guarantees through the EU as a pillar-accredited development finance institution that Swedfund can utilise to reduce the financial risk associated with investments. EDFI MC's responsibilities also include the ICCF/EFP investment platform for co-investment in the energy sector and for increased financial inclusion and job creation.

EDFI MC has developed guarantee programmes that are intended to increase the proportion of sustainable investments in developing countries, with a particular focus on sub-Saharan Africa, Latin America, Asia and Oceania. The guarantee programmes fall within the EU’s Global Gateway strategy, which aims to lead to increased investment in areas such as renewable energy, digitalisation, climate and health. 

Read more at EDFI