News
All news
For more information, please contact:
Axel Hallgren, Press and Communications Manager
axel.hallgren@swedfund.se+46 70 234 49 46Press
October 20, 2015
Swedfund invests in NIGERIAN Ecobank
Swedfund invests MUSD 10 in the Nigerian Ecobank through a subordinated term loan. The investment is made in conjunction with, among others, the Dutch development bank FMO and is an important contribution to the development of the country’s private sector.
Press
October 7, 2015
Swedfund Enhances Access to Capital to SMEs in Tanzania
Swedfund invests MUSD 5 in Tanzanian National Microfinance Bank (NMB) through a syndicated loan led by the Dutch Development Bank FMO. The funds will primarily be used for on-lending to small-and-medium enterprises (SMEs) and corporate borrowers, thereby contributing to job creation in Tanzania.
Press
March 31, 2015
Swedfund and Scania invest in Indian biogas
Scania and the development financier of the Swedish state Swedfund are establishing a partnership to develop the production of biogas as an automotive fuel in the Indian city of Nagpur, which is located in the state of Maharashtra and has 2.5 million inhabitants. The biogas will be produced from digested sludge from one of the city’s wastewater treatment plants in collaboration with local companies. Nagpur is participating in the Indian Government’s initiative to improve the environment and transport systems in the country’s 100 largest cities.
Press
January 26, 2015
Swedfund Sells Stake in Insurance Company, Makes Capital Gain of SEK 160 Million
Sweden's Development Finance Institution, Swedfund, is selling its stake in the Kenyan insurance company UAP. The sale, to insurance group Old Mutual, entails a capital gain exceeding SEK 160 million for Swedfund.
Press
October 16, 2014
Swedfund invests in small and medium enterprises in Sub-Saharan Africa
Swedfund invests MEUR 8 inAfricInvest Fund III LLC, a pan-African fund focused on small and mediumenterprises in Sub-Saharan Africa. Through this investment Swedfund willcontribute to stimulating growth, job creation and sustainable development inmore companies in the region.
Press
October 14, 2014
Swedfund increases commitment to fighting climate change
On October 12, Swedfund increased its financialcommitment to the Interact Climate Change Facility (ICCF) by providing anadditional MEUR 5 for climate change projects in emerging markets.
Press
September 2, 2014
H&M and Swedfund initiate cooperation in Ethiopia’s textile industry
H&M and Swedfund have initiated a unique cooperation with the aim of contributing to the development of a responsible textile industry in Ethiopia with high social and environmental standards.
Press
August 28, 2014
Swedfund invests in Ghanaian banking sector
Swedfund provides Fidelity Bank, an indigenous Ghanaian bank with a strong focus on small and medium sized enterprises (SMEs) a MUSD 14 long-term subordinated loan. By supporting the banking sector in Ghana, Swedfund will contribute to job creation, increased demand and private sector development.
