Business

IFU expands investment despite heavy losses in Ukraine

The Danish aid-financed investor IFU is exploring new projects in Ukraine, despite taking heavy losses on its portfolio in the war-torn country last year, according to the IFU annual report for 2022. (Updated)

Business May 11, 2023

Three Nordic DFIs provide risk capital for Ukrainian tech industry, Norway drags its feet

During a ceremony at the presidential palace in Kyiv last week, three Nordic DFIs - Swedfund, the Danish...

Business May 05, 2023

Evaluation: revamp old-fashioned tied Danish aid scheme or it could become irrelevant

Denmark’s mixed credit scheme, which is subsidised by aid, has given billions of crowns worth of contracts...

Business March 08, 2023

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Capital crunch forces Danish IFU to turn down new projects

The Danish development finance institution IFU has tight liquidity, poor profit over time, and faces...

Business September 07, 2022

Capital crunch forces Danish IFU to turn down new projects

The Danish development finance institution IFU has tight liquidity, poor profit over time, and faces...

Business September 07, 2022

Call for new World Bank business model to scale up risk taking and financing

Global investors want the World Bank to take more risk so they can scale up climate financing. A White...

Business June 17, 2022

Scatec and Swedfund write down value of Ukraine investments

The Norwegian renewable energy company Scatec has written down the value of five solar power plants in...

Business May 06, 2022

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The Bombardier Sweden affair: World Bank probe has a long reach, but convictions can be elusive

In a Swedish probe triggered by an on-going World Bank investigation into a project in Azerbaijan, prosecutors...

Business April 01, 2022

World Bank refers fewer cases for criminal investigation, no uptick in corruption during pandemic

The World Bank’s anti-corruption unit routinely refers findings to national authorities for criminal...

Business April 01, 2022

Ukrainian windmill, co-funded by four Nordic DFIs, hit by Russian rockets

Nordic aid-funded DFIs have invested EUR 80 million in Ukraine. One of their projects, the country’s...

Business March 04, 2022

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