AREF II will invest in Sub-Saharan Africa and has a strong focus on least developed countries and an investment strategy that includes Angola, Cameroon, Kenya, Madagascar, Malawi and Uganda. The technology focus will mainly be small- and medium-sized run-of-river hydropower projects complemented with solar, wind and battery storage solutions.

Read more in our press release, Swedfund commits MEUR 15 to finance renewable energy in Africa

Read more on the Categorisations for environmental and social responsibility

The Fund’s domicile is Luxembourg​, for more information on fund investments and choice of domicile see Fund Investments/OFCs - frequently asked questions and answers