Following the previous successful funds under the Nordic Microfinance Initiative (NMI), Norfund and the other NMI investors have agreed to invest in the first closing of a new fund, NMI Fund IV.
Norfund and consortium partners invest $41 million in d.light. This will enable expansion of d.lights solar and Pay-Go consumer finance business in Africa. As of today d.light has provided solar energy to more than 88 million people in 62 countries worldwide.
While Norway has the most mature cluster focusing on renewables in developing countries, Denmark and Sweden also have interesting policies for speeding up such investments, and the Scandinavian countries should learn from each other, shows a report recently published by Multiconsult.
Norfund is growing and we need more people. Right now we have two vacant positions as HR Manager and Associate in Food & Agribusiness. Are you our new team member?
A venture capitalist with a soft spot for smallholder farmers in Africa and a strong stomach for risk taking,Tellef Thorleifsson has taken over the helm of Norfund, the 22-billion-crown aid-financed investment fund in Oslo. His first task is to oversee a new Norfund strategy, writes Development Today.
A new case study describes how Norfund and partners succeeded in establishing Angola's first private equity fund, and how this has contributed to new jobs and development in Angola.
In 2010 the first PE Fund in Angola, FIPA, was established by Norfund and partners. A new Norfund case study describes the development effects from this investment.
Private equity manager Angola Capital Partners (ACP), a joint venture between Banco Angolano de Investimentos (BAI) and Norfund, launched today its first Impact Report presenting the impact of its 10 years of activity in Angola.
AfricInvest, a leading pan-African private equity firm, has announced the second close of FIVE, an evergreen platform for investing in financial institutions in Africa.
I firmly believe in strengthening the private sector – in doing job creation through establishment of new companies and fostering strong infrastructure. This will improve people’s livelihood and reduce poverty, says Tellef Thorleifsson, Norfund’s new CEO.
"I firmly believe in strengthening the private sector – in job creation through the establishment of new companies and by providing critical infrastructure. This will improve people’s livelihood and reduce poverty. It doesn’t mean I am negative to traditional aid. It only means I believe investments are very important and that my skillset can best be applied to this area," says Tellef Thorleifsson, Norfund’s new CEO.
AfricInvest, a leading pan-African private equity firm, has announced the second close of FIVE, a platform for investing in financial institutions in Africa. FIVE aims to improve access to financial services for the African population, while achieving financial returns for its investors.
Scatec Solar and Norfund's 35 MW Los Prados solar power plant in Honduras is now grid connected and has reached commercial operation.
An evaluation report commissioned by Norad concludes that Norfund has good procedures in place to ensure that human rights are respected - and that an approach based on IFC Performance Standards contributes to the same outcomes as an UNGP-based approach.
Productive firms is the key for economic growth and development in Africa, Professor Paul Collier said at Norfund's Summer Conference 2018
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Norfund - The Norwegian Investment Fund for Developing Countries Fridtjof Nansens Plass 4 |
