News
All news
For more information, please contact:
Axel Hallgren, Press and Communications Manager
axel.hallgren@swedfund.se+46 70 234 49 46Press
July 11, 2017
Swedfund Finances Renewable Energy in Developing Asian Countries
Swedfund, Sweden’s development finance institution, is committing MUSD 10 to Renewable Energy Asia Fund II L.P. The fund invests in small and medium-sized renewable energy projects in South and Southeast Asia.
Press
March 24, 2017
Swedfund continues to focus on renewable energy in Sub-Saharan Africa
Swedfund, Sweden’s development finance institution, invests 13 MUSD in the fund Frontier Energy II. The fund focuses on small and medium-sized renewable energy projects, primarily in East Africa.
Press
December 14, 2016
Swedfund promotes inclusive finance in Uganda and Tanzania
Swedfund, the Swedish development financier, invests USD10 million in Bayport Management Ltd ("Bayport”). The investment will improve access to financial services for people with low income, giving them the opportunity to get loans for, inter alia, education and housing.
Press
May 26, 2016
Swedfund, H&M and DBL Group create 4,000 jobs in Ethiopia
The development financier Swedfund and the industry group DBL establish a textile factory in Mekelle, Ethiopia, which will provide job opportunities for 4,000 people. H&M will be a long time buyer and support with expert knowledge in sustainable textile production. ”The factory will be a long-term sustainable industrial plant in every aspect and will be an important step for developing the textile industry in Ethiopia”, says Anna Ryott, Managing Director at Swedfund.
Press
November 10, 2015
Swedfund supports entrepreneurship in Cambodia
Swedfund invests MUSD 5 through a loan in Acleda Bank, a bank with strong focus on social and economic development. The loan enables the Bank's continued expansion in rural areas and thus contributes to increased employment and development of domestic production.
Press
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.
