Norfund

Norfund, established in 1997, is the Norwegian Investment Fund for Developing Countries, fully owned by the Norwegian Ministry of Foreign Affairs. Based in Oslo, Norway, it serves as a tool for strengthening businesses that create jobs and reduce poverty in developing countries. Norfund focuses on investments that drive sustainable development, particularly in renewable energy, financial inclusion, scalable enterprises, and green infrastructure. The fund targets 30 core investment countries, primarily in Sub-Saharan Africa, while also engaging in selected countries in Asia and Latin America. Norfund aims to mobilize private capital through minority equity investments and has made significant impacts, including the creation of over 41,400 jobs and providing electricity access to 750,000 households.

Norfund adds value to its portfolio companies by providing not only capital but also expertise and active ownership. The fund focuses on sustainable and profitable business models, ensuring that investments align with its development mandate. Norfund's local presence and commitment to job creation and service improvement further enhance the impact of its investments.