Friday, January 24, 2020

Market Update / DT 5 / 2016

IFU, Norfund in Nordic microfinance scheme

 
Two Nordic aid-financed investment funds have joined forces with private Norwegian investors in the launch of the Nordic Microfinance Initiative (NMI).  
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Norad saves rent worth NOK 120m

 
The Norwegian aid agency Norad has moved a few hundred metres away from the Ministry of Foreign Affairs in downtown Oslo. The new 10-year rental contract reduces Norad’s costs by NOK 120 million over the next ten years. 
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Limiting damages of oil development

 
Of the 61 applications received by Norad from non-governmental organisations in and outside of Norway, six have been awarded grants for 2016-2018 under the Oil for Development Programme. 
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