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Green Resources

Norfund has a long history of engagement with Green Resources, and has provided financing through various instruments over the years.

Green Resources was previously known as Tree Farms and is one of Africa’s leading forestry enterprises. Deforestation represents a large problem in Africa, such as in Tanzania where 420 000 hectares of forest disappear annually. Green Resources work to develop the commercial tree-planting industry and related local industry in Uganda, Tanzania and Mozambique.

Facts

  • Sector: Forestry
  • Investment year: 2009
  • Instrument: Loan and mezzanine
  • Committed amount (MNOK): 146,2