The fund targets investments in renewable energy, climate and digitalization in developing countries in sub-Saharan Africa, including Kenya, South Africa, Ghana and Nigeria.
Swedfund
Swedfund is a Swedish development finance institution founded in 1979 that is owned by the Swedish government and managed by the Swedish Ministry of Enterprise and Innovation. Swedfund’s operations are financed by capital injections, for which the Swedish Ministry for Foreign Affairs is responsible, and through reflows from the portfolio. It contributes to poverty reduction through viable and sustainable businesses in low and middle-income countries in Africa, Asia, Latin America and Eastern Europe.