Business

Sagemcom solar mobile tower in Sierra Leone Foto - Norfund.jpg

Nordic DFIs double down on off-grid projects despite corona uncertainty

Nordic DFIs are expanding their investments in off-grid projects despite supply problems and falling sales during the past year. Norfund has put USD 10 million in growing the home solar systems market...

Business March 22, 2021

Bold investment by Norfund supports expansion of Kenyan solar home system retailer

A USD 15 million loan from Norway’s DFI Norfund aims to help the Kenyan solar home system retailer d.light...

Business March 22, 2021

Swedfund rolls back half its corona losses, but outlook is still grim

Companies in Swedfund’s portfolio have managed the corona crisis better than feared. The aid-funded investor...

Business March 09, 2021

NDF reaches out to Nordic climate actors

The Nordic Development Fund (NDF) has received a new mandate from its owners to advance Nordic leadership...

Business December 17, 2020

Nordic DFIs step up investments as pandemic takes its toll

Four Nordic development finance institutions (DFIs) have committed almost a quarter billion euros in...

Business December 01, 2020

Nordics inject EUR 350m in new capital into Nordic Development Fund

The Nordic countries will revive the Nordic Development Fund (NDF) as a climate financing vehicle focusing...

Business October 20, 2020

Norfund sells SN Power to Scatec Solar, cashes in NOK 6 billion

Norway’s aid-funded investor Norfund is selling its hydropower firm SN Power to the solar energy company...

Business October 16, 2020

Swedfund estimates coronavirus losses of SEK 435 million

By the end of March the Stockholm-based development finance institution Swedfund wrote down the value...

Business June 16, 2020

Nordic ministers agree on new capital injection for Nordic Development Fund

Nordic development ministers have agreed to start negotiations for a joint capital injection in the Nordic...

Business May 24, 2020

NDF sharpens climate and Africa focus as bargain over capital injection begins

The board of Nordic Development Fund (NDF) has agreed on a new strategy that focuses on climate and Africa,...

Business May 04, 2020

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