Development Finance Institutions

Swedfund estimates coronavirus losses of SEK 435 million

By the end of March the Stockholm-based development finance institution Swedfund wrote down the value of its portfolio by SEK 435 million due to the corona pandemic. Sweden’s DFI reports its financial...

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

European DFIs plan for billion-dollar bailout to save jobs in Africa

Development Finance Institutions (DFIs) in Europe aim to launch an emergency liquidity facility focusing...

Business April 24, 2020

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...

Business March 31, 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

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

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