Investing

Finnfund expects responsibility, impact and profitability of its investees

To meet the Sustainable Development Goals, developing countries need massive investments in clean energy, infrastructure and businesses that create proper jobs.

However, the challenging business environment of many developing markets often makes it difficult for businesses to mobilise financing that can stand the risks.

Finnfund and its partners help make these crucial investments happen. Our focus is on the poorest countries, where the need for financing is greatest, and where the impact of investments is most significant.

Finnfund offers businesses equity, long-term investment loans, mezzanine financing and expertise on how to invest in the developing markets.

Each year, we make 20-30 new investments totaling 200-250 million euros

In 53 countries 256 investment decisions (2023)

Annual Report 2023

New investmenet decisions 256 million euros (2023)

Of new investment decisions 95% targeted countries in three lowest income categories (EUR, OECD, DAC)

Investees generated 108,000 direct jobs (2022)

Investments removed 98,000 t CO2-e more than they emitted (2022)22)

Investees generated 9,100 GWH of clean energy (2022)

Finnfund puts special emphasis on sectors that are critical to sustainable development, namely renewable energy, sustainable forestry, sustainable agriculture, financial institutions and digital infrastructure and solutions.

Finnfund invests in plantation forests and related industries, such as sawmills and plywood factories.
In terms of climate change, it is crucial how developing countries respond to their rapidly growing energy needs.
Finnfund invests in microfinance institutions and other financial institutions as well as insurance companies.
Increasing the productivity of agriculture in a sustainable way creates jobs and increases the income of people who live on agriculture.
Many global problems can be solved by building digital infrastructure and developing digital solutions.
In addition to the five focus sectors, we also invest in other good projects if they fit our investment strategy and meet our requirements.

Current investments

Finnfund is a development financier and impact investor. We build a sustainable future and generate lasting impact by investing in businesses that solve global development challenges.

Examples of our investments

Current investments
Two paramedics carrying a patient to an ambulance

Case: CIM Santé Group: Developing the private healthcare sector in Morocco

In Morocco, the resources of the current healthcare system remain limited, in view of…
Kuvassa Esther Mwakali, Penda Healthin aluepäällikkö

Case: “I never knew I was a natural born leader” – Penda Health saw something special in Esther Mwikali

Esther Mwikali joined Penda Health in 2015 with previous experience from a hospital in Nairobi.…
Kuvassa Zhanna Zhakupova

Case: Accelerating female leadership in Asia

Determined to be a leader Zhanna Zhakupova is the Executive Director of Microfinance Organization Asian…
Employee of EthioChicken working in a hen house and holding and egg carton

Case: EthioChicken – Improving food security and quality of life in the midst of turmoil

EthioChicken: Improving food security and quality of life in the midst of turmoil “I…
Person using a sewing machine and a child standing behind the person

Case: JUMO brings financial services to mobile users

“Poor access to basic saving and loan facilities is a major problem” How can…
View of the nursery of MLR Forestal

Case: MLR Forestal – Sustainable agroforestry in Nicaragua

“This is an amazing hot spot for biodiversity,” summarises Harold Gordillo, Environmental and Social Adviser…

Case: Miro Forestry leads the way for sustainable FSC certified plantation forestry in West Africa

Ghana’s forest could be exhausted by 2030 “Over the last 100 years the forestry…
three persons sitting down at the porch

Case: The New Forests Company – Social survey provided valuable feedback from tree out-growers

Is the company’s impact on your community more positive or negative? What is your…

Case: Twiga connects merchants and food production

A heartily smiling Naomi Wambui, 74, sits on the steps of an apartment building,…
Landscape view of a large solar panels

Case: Valle Solar – Clean solar energy in rural Honduras

Solar energy replaces imported oil and creates jobs Clean electricity for nearly half a…
Photo of group of women with Purvi Bhavsar

Case: Women leadership in microfinance

Purvi Bhavsar is the Co-Founder and Managing Director of Pahal Financial Services Private Limited, a…
Man feeding fish from a boat. Throwing food to the water.

Case: Yalelo – Voices of the employees – piloting a video survey in Zambia

“I think one if the most neglected aspects in many companies is understanding where…