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19 posts found.

Year selected: 2019

We are looking for a Portfolio Officer

Finnfund is a Finnish development financier and professional impact investor. We build a sustainable world by investing in responsible and profitable businesses in developing countries. Each year we invest 150–200 million euros in 20-30 projects, emphasising renewable energy, sustainable forestry, sustainable agriculture and financial institutions. Today Finnfund’s investments and commitments total about 800 million euros, […]

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2X Challenge: G7 development finance institutions mobilize close to USD 2.5 billion to global women’s economic empowerment

One year after the launch of the 2X Challenge at the G7 Charlevoix Summit, development finance institutions (DFIs) of the G7 countries have already mobilized USD 2.47 billion in gender-smart investments. With new members having joined the challenge and a set of criteria defining what it means to invest in women, the momentum to advance […]

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Finnish investment helps close the education gap in Africa

Finnish development financier Finnfund is investing 7 million US dollars in Maarifa Education Group, a private tertiary education company operating in Sub-Saharan Africa. Maarifa Education offers high quality programmes in labour market relevant studies of medicine, business, IT, law, and social-sciences, complementing public universities which can educate only a third of all applicants. Despite the […]

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Finnfund funds microloans for poor women in rural India

Finnish development financier Finnfund will make a EUR 15 million investment in Indian company Annapurna Finance Pvt Ltd, which offers microloans and related financial literacy education, mainly to poor women in rural India. The loan makes it possible for Annapurna to offer its services more widely in India. This is Finnfund’s first project eligible for […]

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OP and Finnfund to establish Finland’s first global impact fund

OP and Finnfund will establish Finland’s first impact fund that will invest into emerging markets. The OP Finnfund Global Impact Fund I will promote the achievement of the UN Sustainable Development Goals in a measurable way while providing an attractive return for investors. As a new type of fund in the Finnish market, OP Finnfund […]

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Finnfund finances energy efficient solar power solutions in Nigeria’s banking sector

Finnish development financier Finnfund has signed a pioneering 5 million US dollar long-term senior debt financing to Starsight Power Utility Limited group. Starsight offers solar-diesel-battery hybrid generation and efficient cooling and lighting solutions to commercial and industrial clients throughout Nigeria. Starsight’s solution will cut the customer’s use of fossil fuels by up to 70% thanks […]

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2X Challenge group welcomes new members from the world of development finance

PRESS RELEASE Four new members have joined the founding group of seven industrialised countries committing to the “2X Challenge: Financing for Women”. The group behind the initiative, which aims to collectively mobilize $3 billion in commitments for women’s economic empowerment in developing countries, now includes the development finance institutions (DFIs) of the Netherlands (FMO), Sweden […]

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We are looking for a legal trainee

Finnfund is a Finnish development financier and professional impact investor. We build a sustainable world by investing in responsible and profitable businesses in developing countries. Each year we invest 150–200 million euros in 20-30 projects, emphasising renewable energy, sustainable forestry, sustainable agriculture and financial institutions. Today Finnfund’s investments and commitments total about 800 million euros, […]

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Stakeholders expect Finnfund to invest in climate action

Research company Innolink conducted a survey for approximately one hundred Finnfund stakeholders. The interview questions dealt with Finnfund’s visibility and image, its mission and success with it, as well as the quality of cooperation with stakeholders. The respondents included representatives of Finnfund’s investment projects, co-investors, civil society organisations, political influencers and academia. “This information is […]

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Finnfund invests in Ukraine’s largest windfarm

Finnish development financier Finnfund has decided to make a 15 million euro co-investment in the Syvash wind farm to be built in Kherson province, southern Ukraine. With a generating capacity of 250 MW, Syvash will be the largest wind farm in Ukraine. It will have significant impact on Ukraine’s energy security and contribute to the […]

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