Evolution One Fund

Africa

Region

1.2

Commitment (MNOK)

Active

Status

Evolution One Fund is an equity capital fund that targets small- and medium-sized enterprises in the energy and environmental technology sectors. The fund has a total equity of NOK 452 million. Our main co investors include the African Development Bank (ADB), Finnfund, IFC and Consensus Business Group. With its investment in Evolution One Fund, Norfund wishes to contribute to growth in the environmental technology sector in Southern Africa.

detail_image

Key information

Sector:
SME Funds
Commitment (MNOK):
1.2
Year:
2009
Region:
Africa
Country:
Regional
Domicile:
South Africa
Instrument:
Funds
Status:
Active
Mandate:
Development

Evolution One Fund investments

Investee Sector Country
Abagold LimitedSouth Africa