Year 2019
In 2019, Finnfund continued to expand its portfolio while maintaining a tight focus on high-impact investments in low-income countries. We made significant strides towards our strategic goal of tripling impact by 2025 without compromising the profitability or sustainability of our investments.
Read more about Finnfund’s year in the Annual Review.
617
million euros
96%
of new investment decisions
237
million euros
78%
targeted countries in three lowest income categories
(€, OECD, DAC)
56,000
direct jobs (2018)
6,500
GWH of clean energy (2018)
Chief Executive Officer’s review
“What I am most proud of, though, is our recent work on gender investing.
Finnfund adopted a gender statement to guide our investment decisions to better promote gender equality and women’s economic empowerment. We joined the 2X Challenge, which aims to collectively mobilise USD 3 billion in commitments for women’s economic empowerment in developing countries.”
Chief Executive Officer’s review (pdf)
Investments
In 2019, Finnfund’s investment portfolio grew to 617 million euros. Seventy-eight per cent of new investment decisions target the least developed countries and countries of low or lower-middle income, in which the need for sustainable investments is the highest. Most of our new investment decision targeted Africa.
One of our investees is Sanergy in Kenya. The Fresh Life outdoor toilets, installed by Sanergy, help solve the sanitation problem while providing work and livelihood for the residents in the area. Sanergy employs over 250 people, and more than 60 per cent of them live in Nairobi’s unofficial settlements. In addition, more than 1,200 entrepreneurs operate according to a franchise model.
Read more about our investmentsPrevious Annual Reports
Finnfund’s annual report is published in April-May.
Annual Review 2019 (pdf)
Annual Report 2018 (pdf)
Annual Report 2017
Annual Report 2016
Annual Report 2015
Annual Report 2014
Annual report 2013
Annual report 2012
Annual report 2011 (pdf)
Annual report 2010 (pdf)
Annual report 2009 (pdf)
Annual report 2008 (pdf)
Annual report 2007 (pdf)
Annual report 2006 (pdf)
Annual report 2005 (pdf)
Annual report 2004 (pdf)
Annual report 2003 (pdf)
Annual report 2002 (pdf)
Annual report 2001 (pdf)
For older annual reports, please contact Finnfund’s communications team.