News
Press
May 14, 2025
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 pan-African private credit fund focused on addressing the financing needs of mid-sized businesses in Africa, with an emphasis on ESG best practices and meaningful impact.
Press
May 9, 2025
Amartha improves 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. The loan is part of a broader syndicated facility of up to USD 199 million, led by the International Finance Corporation (IFC), a member of the World Bank Group.
Press
May 6, 2025
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.
Press
April 8, 2025
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. The investment aims to increase access to financial services for underserved individuals and small businesses, with a focus on digital innovation, economic empowerment and inclusion.
Press
March 20, 2025
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.
News
April 24, 2025
Laying the Groundwork for Lozova’s Sustainable Water Future
As the war in Ukraine continues, municipalities are under immense pressure to address immediate needs while planning for sustainable recovery. In the city of Lozova, located in Ukraine's Kharkiv region, one of the most pressing challenges is to modernise its ageing water supply and wastewater systems.
Press
January 31, 2025
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 is part of a joint initiative together with the Dutch, British and French development finance institutions and the Dutch fund manager ILX.
Press
January 29, 2025
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), a company of the Private Infrastructure Development Group (PIDG), managed by Ninety One. 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.
Press
February 24, 2025
Swedfund continues to support SME lending in Kenya
Swedfund has announced a second investment of USD 7.5 million in Kenya's Victoria Commercial Bank (VCB) PLC. The loan will further strengthen the bank's ability to finance small and medium-sized enterprises (SMEs), which play a vital role in Kenya's economy by creating jobs and driving growth.
Press
February 20, 2025
Swedfund, BII and Norfund invest $85 million in AgDevCo to support agribusinesses in Africa
The joint commitment will support small and medium-sized agribusinesses to increase productivity and expand food systems across sub-Saharan Africa. AgDevCo’s investments have already benefited over two million smallholder farmers, improving their livelihoods, climate resilience and food security.
News
February 17, 2025
Preventing and responding to Sexual Exploitation, Abuse and Harassment: new good practice handbook
Since 2019, the Kvinna till Kvinna Foundation and Swedfund have been working together to strengthen Swedfund's ability to identify, prevent and respond to risks of sexual exploitation, abuse and harassment (SEAH) in its investment portfolio and operations. One key result in this partnership is the publication of the Good Practice Handbook on the Prevention of and Response to SEAH, a practical guide to help fund managers, investment platforms and financial institutions address SEAH risks.
Press
December 10, 2024
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.