Wednesday, July 17, 2019

Business / DT 16 / 2009

Nordic risk capital funds: we are the ‘third pillar’

In a fresh report by the risk capital fund branch organisation, the Nordic funds refer to themselves as the “third pillar" in development policy, and present the case for substantially increasing their role in Nordic aid.

Sida says ‘no’ to SEKAB

Sida will not give a guarantee to the Swedish biofuel company SEKAB for ethanol projects in Tanzania. SEKAB now sells its Africa biofuel operations to a firm owned by SEKAB’s former CEO for almost nothing.

‘Efficient way of spending tax crowns’

Björn Blomberg of Swedfund argues for a dramatic increase in aid channelled through risk capital funds. Today Swedfund is the smallest of the Nordic funds.

Denmark seeks to promote UN Global Compact

As part of the effort to combat corruption, the Danish Ministry of Foreign Affairs wants to develop a global tool to assist companies to make use of the ten principles and the underlying conventions of the UN Global Compact.