Finnfund

We build a sustainable future and generate lasting impact by investing in businesses that solve global development challenges.

See a video about impact investing in developing countries.

45 years of experience from the developing markets

Finnfund is a development financier and impact investor. We build a sustainable future and generate lasting impact by investing in businesses that solve global development challenges.

We provide businesses operating in Africa, Asia and Latin America with risk capital, long-term investment loans, mezzanine financing and expertise on how to invest in the developing markets. We invest only in developing countries as defined by OECD/DAC.

We expect our projects to be profitable, socially and environmentally responsible and produce measurable development impact in their target countries.

We put special emphasis on sectors that are critical to sustainable development: renewable energy, sustainable forestry, sustainable agriculture, financial institutions and digital infrastructure and solutions. We do invest in other sectors as well when they match our investment strategy and meet our requirements.

Finnfund invests in businesses that drive sustainable development, whether they are companies that are already operational or in the process of being set up.

Leveraging state capital

Finnfund receives its funding from the State of Finland, private capital markets, and retained earnings from its investments. All profits are recycled into new projects that drive sustainable development.

Every year, we make 20-30 new investments worth 200-250 million euros. Today, Finnfund’s investments, commitments, and investment decisions total approximately 1.2 billion euros, of which half are in Africa.

Finnfund is owned by the Finnish State (96.64%), Finnvera (3,30%), and the Confederation of Industries (0.06%). Currently, we have 100 employees based in Helsinki.

Cooperation with other financiers

Finnfund is member of a group of European development financiers. EDFI (European Development Finance Institutions) is a group of 16 European development financiers, whose members finance private companies in developing and transitional economies.

Finnpartnership is a business partnership programme financed by the Ministry for Foreign Affairs of Finland and managed by Finnfund. Finnpartnership promotes business activities and partnerships with the aim of generating positive development impacts in the target country. Finnpartnership offers Finnish companies and organisations that are interested in developing markets financial support, guidance and contacts to help them establish long-term business activities.

Finnfund’s organisation

Latest news

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Independent evaluation: “Finnfund and Finnpartnership are key instruments for advancing Finland’s international objectives”

Impact investor Finnfund and the Finnpartnership programme are key instruments for implementing Finland’s development…

What drives successful impact management? Insights from Finnfund’s OPIM verification

A key question in impact investing is how to manage impact effectively in practice.…
people sorting nuts

Finnfund joins USD 600 million sustainability-linked financing for ETG

Finnfund is participating in a USD 600 million sustainability-linked loan facility for ETG, alongside…

Finnfund invests EUR 15 million in Bank Respublika to support green finance and MSMEs in Azerbaijan

Finnfund is investing EUR 15 million equivalent in Azerbaijani manat in Bank Respublika, the…

Finnfund-backed Hewatele facility to cover 60% of Kenya’s oxygen demand

Global supply disruptions can have very local consequences. In Kenya, recent disruptions in international…

CFO Insights into Q1 2026

The year has begun with strong portfolio growth, reaching a record level. During the…
Adrienn Kiraly, Lauri Hirvonen and Marta Kos at the signing ceremony holding the signed agreement

EU Finnfund Global Connected Guarantee initiative expands to new regions and energy investments

The European Union and Finnfund, a Finnish impact investor, have agreed to expand the…
green landscape

Finnfund invests in landmark Ecobank Nature Bond to boost sustainable agriculture and biodiversity in Africa

Finnfund has invested 15 million US dollars in a Nature Bond issued by Ecobank…

Hope is not a business model – investing in Africa’s digital future

Africa’s digital transformation is often described through its immense potential. A young and growing…
Annual Report cover

Finnfund’s portfolio totals 857 million euros – more focus on advancing digitalisation and mobilising private capital through EU guarantees

Global tensions, shifting market conditions and growing geopolitical challenges shaped Finnfund’s operating context in…

Current investments

Finnfund is a development financier and impact investor. We build a sustainable future and generate lasting impact by investing in businesses that solve global development challenges.