Green Resources USD

Africa

Region

385.7

Committment (MNOK)

Scalable enterprises

Sector

Green Resources is the largest forest development and wood processing company in East Africa. The company manages approximately 38,000 ha of plantation forest in Mozambique, Tanzania and Uganda. It operates industrial facilities including two sawmills, three pole treatment plants and a briquetting plant. The company was established in 1995.

Norfund has been an investor in Green Resources and Sao Hill for many years. In 2018, due to financial challenges in the company, Norfund used its rights to become a shareholder. Norfund, with Finnish DFI Finnfund, supports the company to meet its financial and sustainability goals.

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  • Sector: Scalable enterprises
  • Committment (MNOK): 385.7
  • Year: 2009
  • Region: Africa
  • Country: Regional
  • Domicile: Norway
  • Instrument: Equity & Loans
  • Status: Active