78 posts found.
Selected Category: Africa
OP Finnfund Global Impact Fund I invests in CIM Santé Group to support the development of the private healthcare sector in Morocco
OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund has invested USD 10 million in equity in CIM Santé Group, a leading Moroccan private healthcare group. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and support […]
Read moreNovember 5, 2021
OP Finnfund Global Impact Fund I investit dans le Groupe CIM Santé pour accompagner le développement du secteur de la santé privée au Maroc
OP Finnfund Global Impact Fund I, le premier fonds finlandais d’impact sur les marchés émergents mondiaux, a investi 10 millions de dollars dans le capital du Groupe CIM Santé, un groupe marocain de premier plan opérant dans le secteur des soins de santé. Grâce à cet investissement, OP Finnfund Global Impact Fund I vise à […]
Read moreCDC Group, Finnfund, Norfund propose innovative partnership with New Forests with an ambition to raise $500m for sustainable forestry across sub-Saharan Africa
CDC Group (“CDC”), the UK’s development finance institution; Finnfund, the Finnish Fund for Industrial Cooperation; Norfund, the Norwegian Government’s investment fund for developing countries; and New Forests, a global investment manager focusing on sustainable landscapes, have today announced an intention to partner to develop investment strategies designed to scale and transform the sustainable forestry sector […]
Read moreNovember 3, 2021
OP Finnfund Global Impact Fund I invests in food distribution platform Twiga to improve food security across Sub-Saharan Africa
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests 3 million US dollars in Kenyan headquartered B2B e-commerce food distribution platform Twiga. OP Finnfund Global Impact Fund I joins a group of investors, led by Creadev, in a financing package totalling 50 million US dollars. Twiga operates a […]
Read moreNovember 1, 2021
Finnfund and University of Helsinki to invest together into microfinancing in Africa and Asia
Finnfund, a Finnish development financier and impact investor, announce today a EUR 10 million debt facility commitment to the Advans Group, one of the leading international microfinance group serving over one million clients in nine countries: Cambodia, Cameroon, Ghana, Democratic Republic of Congo, Cote d’Ivoire, Pakistan, Nigeria, Tunisia, and Myanmar. University of Helsinki participates in […]
Read moreOctober 12, 2021
Electric mobility is a question of health and it needs investments to develop
Earlier this year, I had the pleasure of moderating a panel discussion where investors gathered to discuss the risk profile of investing in charge points. Having worked with investments in developing countries for the past 20 years, it was refreshing to discuss with investors whose focus is elsewhere than the emerging markets. We discovered a […]
Read moreSeptember 14, 2021
Discovering outcomes in gender-lens investing
By Juho Uusihakala, Finnfund; Ilona Mooney, Work Ahead; and Nilah Mitchell, 60 Decibels The article has originally been published in The catalytic effects of DFI investment – gender equality, climate action and the harmonisation of impact standards by ODI. Abstract Gender-lens investing has quickly become a priority for many development finance institutions (DFIs). The 2X […]
Read moreAugust 13, 2021
Finnfund’s investment in digital connectivity increases access to internet in East, Central and Southern Africa
Finnfund provides a 12 million US dollar senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries. With Finnfund’s help as a key project investor, BCS is expanding its operations in East, Central and Southern Africa. The project increases reliability, accessibility and affordability of the internet when […]
Read moreOP Finnfund Global Impact Fund I invests in EthioChicken, a forerunner in African poultry farming
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests USD 5 million in EthioChicken, an Ethiopian poultry company. The aim is to generate good jobs, improve food security and reduce poverty in Ethiopia. Established in 2010, EthioChicken has become a forerunner and one of the largest poultry companies […]
Read moreJune 2, 2021
Finnfund invests in Uhuru Growth Fund I to foster growth of West African businesses
Finnfund, a Finnish development financier and impact investor, announce today a USD 10 million commitment to Uhuru Growth Fund I (UGF). UGF is the first generation fund focusing on high growth SME and middle market businesses operating in the consumer-facing and financial services sectors. The fund will seek investments in West African countries including Nigeria, […]
Read moreMay 5, 2021