Our Investments

Norfund’s investments and expertise are focused on four business areas and on particular countries in three investment regions – where capital is scarce and developing impacts are strong.

Investment regions

Norfund has defined 29 Core Strategy Countries where we are actively building pipeline and have deep country knowledge. The countries were selected based on:

  • Investment needs and Norfund’s ability to be additional
  • Norfund’s knowledge of the markets
  • Investments opportunities in Norfund’s priority business areas

Additionally, 20 countries are selected as extended reach due to partnership opportunities or that they are defined as fragile.

Our Investment Areas

Norfund prioritises investments in four investment areas that are aligned with the UN´s Sustainable Development Goals.

Committed portfolio per investment area (as of 31. December 2019)