Investments in Tanzania

Direct investment

Total commitment (MNOK): 1470.9 MNOK

Investment Sector Year Instrument Commitment
Arise B.V. Banking 2016 Equity 25.8% 616.9
Equity Bank Limited Banking 2019 Loan 4.8% 6.1
AfricInvest Financial Inclusion Vehicle LLC Banking 2018 Equity 10% 18.0
Globeleq Ltd Energy 2014 Equity 7% 127.8
E&Co (Persistent Energy) Energy 2009 Loan 21.3% 1.8
Norsad Financial services 2011 Equity 5% 2.8
Alios Finance Tanzania Ltd Financial services 2012 Loan 100% 2.8
Africado Ltd. Food and agribusiness 2009 Equity 100% 12.8
Voxtra East Africa Agribusiness Ini Food and agribusiness 2011 Fund 35% 11.1
Agri-Vie II Food and agribusiness 2017 Fund 15% 18.1
Vertical Agro (Sunripe & Serengeti Fresh) Food and agribusiness 2014 Loan 29% 11.6
Agrica Food and agribusiness 2010 Equity and loan 100% 141.6
Agri-Vie Food and agribusiness 2010 Fund 16% 6.8
Green Resources USD Food and agribusiness 2009 Equity and loan 60% 188.1
Fanisi Venture Management Company Investment funds 2009 Equity and loan 17% 0.5
GroFin Africa Fund Investment funds 2008 Fund 18% 10.5
GroFin SGB Fund Limited Partnership Investment funds 2015 Fund 2% 2.5
Fanisi Capital Fund II Investment funds 2017 Fund 20% 25.5
Fanisi Venture Capital Fund Investment funds 2009 Fund 17% 16.4
European Financing Partners SA Investment funds 2006 Equity and loan 11% 30.4
NMI GP IV AS Microfinance 2018 Equity 3% 0.7
Nordic Microfinance Initiative AS Microfinance 2008 Equity 10% 2.4
AfriCap Microfinance Investment C Microfinance 2007 Fund 0% 0.0
NMI Fund III Microfinance 2013 Fund 12.5% 23.0
Freight in Time Other industrial partnerships 2015 Equity and loan 22% 15.4
African Century Infrastructure Services Ltd. Other services 2014 Equity and loan 100% 56.0
ASILIA (African Spirit Group Limited) Tourism 2013 Equity and loan 85% 74.8
TPS Dar es Salaam Tourism 2011 Equity and loan 100% 46.3

Indirect investment

Investment Sector Year Investor
National Microfinance Bank (NMB) (Tanzania) Banking Arise B.V.
New Hellen School Limited Education GroFin Africa Fund
Waamuzi Secondary School Education GroFin Africa Fund
Happy English Medium Schools Education GroFin Africa Fund
Rabai Power (42-KE-PRO-0708) Energy European Financing Partners SA
Daystar Pre & Primary Co Ltd Financial services GroFin SGB Fund Limited Partnership
Happy English Medium school Ltd Financial services GroFin SGB Fund Limited Partnership
Kijenge Animal Products Limited Food and agribusiness Fanisi Venture Capital Fund
G2L Food and agribusiness GroFin SGB Fund Limited Partnership
Mtanga Farms Limited Food and agribusiness Voxtra East Africa Agribusiness Ini
Mtanga Farms Limited Food and agribusiness Agri-Vie
UHURU HOSPITAL Health GroFin SGB Fund Limited Partnership
Nangoz Minerals (T) Limited Manufacturing GroFin Africa Fund
Mabut Company Manufacturing GroFin Africa Fund
Lenny Plastics Co Ltd- Add Funding Manufacturing GroFin SGB Fund Limited Partnership
BINTI AFRICA Manufacturing GroFin SGB Fund Limited Partnership
CRM Investment Limited Manufacturing GroFin Africa Fund
Sompola Investment Company Limited Manufacturing GroFin Africa Fund
Tito General Stores Limited Manufacturing GroFin Africa Fund
Gabsons (T) Ltd. Manufacturing GroFin Africa Fund
Lenny Plastics Co Ltd Manufacturing GroFin SGB Fund Limited Partnership
Praygod Company Other industrial partnerships GroFin Africa Fund
Shughuru Investment ltd Other industrial partnerships GroFin Africa Fund
Precision Air (35-TZ-FIN-0907) Other industrial partnerships European Financing Partners SA
Kiwanga Trading Store Company Limited Other industrial partnerships GroFin Africa Fund
Charo General Supply Co. Ltd. Other industrial partnerships GroFin Africa Fund
Budget Safaris and Tour Limited (John Nelson Nyagawa) Other industrial partnerships GroFin Africa Fund
Madale Trucking Company Limited Other industrial partnerships GroFin Africa Fund
DODOMA CEMENT Other industrial partnerships GroFin SGB Fund Limited Partnership
Hanai Investment Limited Other industrial partnerships GroFin Africa Fund
Emar Company Ltd Other services GroFin Africa Fund
African Spirit Group (Asilia) Tourism Agri-Vie
Naivera Complex Limited Tourism GroFin Africa Fund
SAWE Hotel Co. Limited (Screened as Lyakundi Investment Company Ltd) Tourism GroFin Africa Fund
Gondo Enterprises Ltd Wholesale and retail GroFin Africa Fund
H. Furniture and Electronics Limited Wholesale and retail GroFin Africa Fund
Dorcas Boutique & General supplies Limited Wholesale and retail GroFin Africa Fund
BLB5 Company Limited Wholesale and retail GroFin Africa Fund
Better fashion limited Wholesale and retail GroFin Africa Fund
Hombolo General Supplies Limited Wholesale and retail GroFin Africa Fund
Lububu Co. Limited Wholesale and retail GroFin Africa Fund
Zam Zam Farm Limited t/a Smart Builders Point Wholesale and retail GroFin Africa Fund
Nyanza Shopping Centre Ltd Wholesale and retail GroFin Africa Fund
Neema Robert Numvire T/A Aronex Enterprises Wholesale and retail GroFin Africa Fund
Madame Sabrina Fashion Enterprises Wholesale and retail GroFin Africa Fund
Segese Import & Export Limited Wholesale and retail GroFin Africa Fund

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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