All investments

Norfund has defined 30 core countries where we are actively building pipeline and have deep country knowledge. The countries were selected based on Norfund’s ability to be additional, have an impact and make successful investments. Norfund may also invest directly in other countries in Sub-Saharan Africa or LDCs in Norfund’s regions together with partners on a selective basis.

For the Climate Investment Fund, Norfund has chosen to prioritize 8 core countries, based on the climate impact, our ability to be additional and feasibility to execute successful investments.

The Norwegian Government is the funding source of all of Norfund’s investments, both under the Development Mandate and the Climate Mandate.

Hover over the map to see all countries we invest in.

*Million NOK committed

**H1 Capital was committed over the Development Mandate in December 2021 and moved to the Climate Mandate in 2022.

Activity level data

Activity level data are accessible for download from the OECD Creditor Reporting System (CRS) here.