News
All news
For more information, please contact:
Axel Hallgren, Press and Communications Manager
axel.hallgren@swedfund.se+46 70 234 49 46Press
July 26, 2023
Swedfund strengthens support for African companies
Swedfund invests EUR 20 million in Amethis Fund III, which is an African fund to further support the development of the private sector in Africa. The fund will help create new jobs and tax revenues through its investments across the African continent.
Press
June 27, 2023
Agreement on the reconstruction of Ukraine
Swedfund, together with the EBRD (European Bank for Reconstruction and Development) and anumber of other development financiers, has the 21st of June signed an MoU (Memorandum of Understanding) on investments in the private sector as part of the reconstruction of the country.
Press
June 9, 2023
Swedfund invests USD 5 million in African health fund
On May 24, Swedfund invested USD 5 million into Transform Health Fund (THF) managed by AfricInvest. It is a blended-finance fund that will invest in African health care. The aim is to scale up proven and innovative models and initiatives that improve access to affordable care, thereby increasing the quality and accessibility of health care across Africa.
Press
May 23, 2023
Swedfund invests USD 10 million in fund targeting climate and digitalization investments
On the 12th of May Swedfund invested USD 10 million in "E3 Low Carbon Economy Fund I" managed by Nairobi-based E3 Capital, acting as the investment advisor to the fund. The fund targets investments in renewable energy, climate and digitalization in developing countries in sub-Saharan Africa, including Kenya, South Africa, Ghana and Nigeria.
News
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.
