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For more information, please contact:
Axel Hallgren, Press and Communications Manager
axel.hallgren@swedfund.se+46 70 234 49 46Press
December 4, 2019
Swedfund strengthens the support of African companies through investment in African Development Partners III
Sweden's development financial institution Swedfund has invested 15 million dollars in the African Development Partners III fund. With this investment, Swedfund sees an opportunity to continue to contribute to the sustainable development and growth of more companies in Africa. With one of Africa's most experienced investment teams, the Fund Manager Development Partners International has since 2008 successfully invested in many African companies and created significant social development through, among other things, new jobs and tax revenue. The Fund exercises active ownership with a clear focus on ESG issues such as business ethics and anti-corruption.
Press
November 29, 2019
Swedfund to join IFC and other DFI:s in platform investment within healthcare in East and Southern Africa
Swedfund, have together with the Development financial institutions IFC, Proparco, Finnfund and the Danish Investment Fund for Developing countries - IFU, invested in Hospital Holdings Investment (HHI) holding company, launched at the Investment for Africa Forum in Cairo on November 23rd, 2019. HHI is an investment platform set up by IFHA-II Coöperatief U.A., a private equity fund focused on healthcare in Sub-Saharan Africa.
Press
August 16, 2019
Swedfund invests in healthcare through Quadria Capital Fund
Today, 7 out of every 10 new hospital beds in Asia, are built by the private sector. With an investment of USD 15 million in Quadria Capital Fund II, Sweden’s Development Finance Institution Swedfund will reach the healthcare sector in South and South East Asia, through investments in areas such as healthcare services, pharma and laboratory businesses in countries like India, Indonesia and the Philippines.
Press
July 31, 2019
Swedfund invests in Equity Bank Kenya
Swedfund provides a USD 15 million long-term subordinated loan to Equity Bank Kenya, a leading Kenyan commercial bank with a 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.
Press
July 1, 2019
Swedfund invests in transition towards renewable energy
Sweden’s development finance institution, Swedfund is focused on supporting the transition away from fossil fuels and towards renewable energy. Swedfund has signed a loan agreement for 10 million euros to be part of the financing together with European Bank for Reconstruction and Development, Nordic Environment Finance Corporation and Scatec Solar ASA to construct and operate a 55.4 MWp solar power plant located in Central Ukraine.
News
April 8, 2019
Solar power to 360 million people – but no plan for e-waste
The off-grid solar power market is providing improved electricity access to an estimated 73 million households globally, or over 360 million people*. The industry is delivering a significant environmental and social impact by mitigating greenhouse gas emissions from traditional diesel power sources and providing reliable, clean energy to low- to middle-income countries. However, there are potential negative environmental and social impacts if the products are not responsibly managed when they reach their end-of-Life.
Press
April 2, 2019
Sustainable development results with high ambitions
Today, private sector is driving the development of Africa's economy by creating four out of five jobs and bringing together 33 per cent of Africa's GDP. For 40 years, Swedfund’s mission has been to fight poverty by investing in sustainable businesses in the world's most challenging countries. Job creation has always been the core of our work.
Press
December 20, 2018
Swedfund Finances Off-Grid Solar Solutions Provider in Africa
Swedfund is financing the solar provider d.light for continued expansion in Africa. In total, d.light raise US$41 million from a consortium of several financiers led by Inspired Evolution. Consortium partners include Swedfund as well as the Norwegian and Dutch development finance institutions, Norfund and FMO.
Press
August 8, 2018
Swedfund continues investing in renewable energy
Swedfund continues investing in renewable energy projects by committing to invest USD 15 million in shares of JCM Power. JCM develops, builds and operates solar- and wind power plants in developing countries
Press
June 25, 2018
Swedfund expands renewable energy portfolio with USD 15 million commitment to blended finance
Sweden’s Development Finance Institution, Swedfund, continues to expand its portfolio within renewable energy by investing USD 15 million in the fund Climate Investor One. The fund develops, builds and operates renewable energy projects in developing countries. The fund’s pioneering blended finance structure seeks to leverage private capital to impact investments in emerging markets.
News
June 7, 2018
Swedfund’s Integrated Report wins international award
Swedfund has been awarded the RI Award for Best Report by an Asset Owner: medium & small funds, for their Integrated Report at the RI Reporting Awards 2018, presented at RI Europe on Tuesday 5th June. The prize is given to institutional investment companies with transparent reporting. Swedfund was chosen among 2,500 world-wide reports.
News
May 25, 2018
Swedwatch report highlights important issues
Swedwatch has presented an updated briefing report on the human rights impacts of Buchanan Renewables Fuel in Liberia in conjunction with Vattenfall and Swedfund’s exit of the project in 2012.
