Business

Denmark opens coffers for IFU after years-long capital crunch

For a decade, the Danish government took capital out of its aid-financed investor IFU to fill gaps in the fiscal budget at home. Nevertheless, by joining forces with pension funds, IFU managed to grow....

Business March 31, 2020

Sweden drops Uganda forest carbon deal with Green Resources due to unresolved land disputes

After four years in limbo, the Swedish Energy Agency is terminating its agreement with the Norwegian...

Business March 10, 2020

Finn Church Aid investor makes first direct investment in Africa

After its first year of operation, an investment company owned by Finn Church Aid (FCA) has made its...

Business January 29, 2020

2020 is make or break for NDF. Board prepares for possible capital injection

The board of the Nordic Development Fund (NDF) has agreed on a timetable for a new strategy and possible...

Business November 29, 2019

New government plans to expand Finland’s loan scheme by another half billion euros

Finland’s former government launched a EUR 520 million development scheme for loans and investments in...

Business October 31, 2019

Swedish agency agonises over SEK 10m carbon payment to Norwegian forestry firm

Already more than a year behind schedule, the Swedish Energy Agency continues to agonise over whether...

Business September 19, 2019

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Sweden postpones carbon payment to Uganda tree farm where locals have been evicted

A planned disbursement of SEK 10 million by the Swedish Energy Agency (SEA) for emissions reductions...

Business September 05, 2019

Reliance on private capital makes IFU shy away from investments in poorest countries

Due to its heavy reliance on private capital, the Danish aid-financed investment fund (IFU) has shied...

Business May 09, 2019

Finnish aid loans to IFC-funded climate projects in Nepal and Senegal

Finland is contributing USD 20 million in aid-financed loans to climate projects in Nepal and Senegal...

Business April 17, 2019

Finnfund eyes record expansion. Doubts about risks and profit

Finnfund might soon receive its largest-ever injection of capital. It plans to focus on high-risk markets,...

Business February 15, 2019

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