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For more information, please contact:
Axel Hallgren, Press and Communications Manager
axel.hallgren@swedfund.se+46 70 234 49 46News
May 16, 2023
Marie Aglert new Head of Investment at Swedfund
Swedfund, which is Sweden's development finance institution for sustainable investments in developing countries, has a new investment manager who will lead the investment organization: Marie Aglert. She comes most recently from the Swedish Export Credit Agency, EKN, where she was Director Large Corporates.
Press
April 29, 2023
Swedfund invests USD 15 million into Horizon Capital Growth Fund IV to back leading high-growth tech and export-oriented companies in Ukraine and Moldova
Swedfund invests USD 15 million in HCGF IV for investments in small and medium-sized companies in the IT-sector in Ukraine. The investment will help create jobs and export revenues to Ukraine.
Press
April 24, 2023
Swedfund finances alternative fuels study in Lagos, to reduce emissions
Swedfund’s Project Accelerator has entered into a grant agreement for a study on the possibilities of introducing alternative fuels for Lagos public transport system, a development aimed at reducing emissions, especially CO2.
Press
April 14, 2023
Additional investment of 1.9mn USD to increase access to reliable and clean energy
Swedfund announced on December 29th, 2022 an additional investment in d.light (1.9mn USD). d.light is a company providing affordable off-grid solar electricity to people living without access to reliable and clean energy in Africa and India. Swedfund’s funding will be used for supporting the company’s further expansion.
Press
April 6, 2023
$25 million investment in Vietnam to create jobs
Swedfund provides a loan of USD 25 million to Vietnam Prosperity Joint Stock Commercial Bank (VP Bank). It aims to reach small and medium-sized companies and create more jobs and is Swedfund's first direct investment in the financial sector in Vietnam.
Press
March 27, 2023
Swedfund invests USD 10 million in the ASEAN Frontier Markets Fund (AFMF) to promote job creation in Cambodia and Laos
Swedfund invests USD 10 million in the ASEAN Frontier Market Fund (AFMF). The main purpose of the investment is to support small and medium-sized companies and contribute to job creation and development, including through the promotion of gender equality, climate resilience, strong ESG standards and financial inclusion in the countries of Cambodia and Laos.
Press
March 22, 2023
Swedfund invests in solar energy
Swedfund invested USD 30 million on the 1stof March in the Mirova Gigaton Fund[1]. The main purpose of investing in the fund is to reach out to projects in developing countries, with debt financing through a wide range of important, complementary solar energy solutions outside the regular grid, so-called off-grid solutions.
Press
March 17, 2023
Swedfund invests USD 5 million in Somali fund
Swedfund has decided to invest USD 5 million in NHAO (Nordic Horn of Africa Opportunities Fund). The amount is split into 2 tranches where the second tranche requires certain conditions to be met.
Press
February 16, 2023
Swedfund's Project Accelerator assists Ukraine in the procurement of 112-system
Swedfund will assist Ukraine in their ambition to establish and implement a 112-system. Today, Ukraine has different emergency numbers for police, rescue, and ambulance. Through the initiative, the country's citizens will have a better opportunity to get hold of the right actor more quickly when an incident has occurred. A 112 system can both save lives and save suffering.
Press
February 3, 2023
Investment in the African infrastructure fund AIIF4
On December 16, Swedfund invested USD 26 million in African Infrastructure Investment Fund 4 (AIIF4). It is an African infrastructure fund, managed by Africa Infrastructure Investment Managers (AIIM).
Press
January 12, 2023
Swedfund invests in entrepreneurs and businesses in South Sudan
Swedfund invests an additional USD 4 million in loan financing in Kinyeti Venture Capital (Kinyeti), alongside the Norwegian Development finance institution Norfund. Kinyeti is an investment company established in 2012 as a joint venture between Swedfund and Norfund. Kinyeti’s target is to assist in building the private sector in South Sudan by offering capital to entrepreneurs and to growing businesses which supports job creation.
Press
January 5, 2023
Swedfund's Project Accelerator contributes to study in Sarawak, Malaysia to improve the potential to integrate renewable power
On December 12th, a cooperation agreement was signed between Swedfund’s Project Accelerator and the Malaysian company Sarawak Energy for a technical study on battery solutions in the Sarawak region, Malaysia, to enable the transition to renewable energy.
