Electric mobility is a question of health and it needs investments to develop

Helena Teppana

Earlier this year, I had the pleasure of moderating a panel discussion where investors gathered to discuss the risk profile of investing in charge points. Having worked with investments in developing countries for the past 20 years, it was refreshing to discuss with investors whose focus is elsewhere than the emerging markets. We discovered a […]

September 14, 2021

Discovering outcomes in gender-lens investing

By Juho Uusihakala, Finnfund; Ilona Mooney, Work Ahead; and Nilah Mitchell, 60 Decibels The article has originally been published in The catalytic effects of DFI investment – gender equality, climate action and the harmonisation of impact standards by ODI. Abstract Gender-lens investing has quickly become a priority for many development finance institutions (DFIs). The 2X […]

August 13, 2021

Finnfund’s investment in digital connectivity increases access to internet in East, Central and Southern Africa

Finnfund provides a 12 million US dollar senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries. With Finnfund’s help as a key project investor, BCS is expanding its operations in East, Central and Southern Africa. The project increases reliability, accessibility and affordability of the internet when […]

OP Finnfund Global Impact Fund I invests in EthioChicken, a forerunner in African poultry farming

OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests USD 5 million in EthioChicken, an Ethiopian poultry company. The aim is to generate good jobs, improve food security and reduce poverty in Ethiopia. Established in 2010, EthioChicken has become a forerunner and one of the largest poultry companies […]

June 2, 2021

Finnfund invests in Uhuru Growth Fund I to foster growth of West African businesses

Finnfund, a Finnish development financier and impact investor, announce today a USD 10 million commitment to Uhuru Growth Fund I (UGF). UGF is the first generation fund focusing on high growth SME and middle market businesses operating in the consumer-facing and financial services sectors. The fund will seek investments in West African countries including Nigeria, […]

May 5, 2021

Finnfund invests in ADP III to foster growth and development of African businesses

Finnfund, a Finnish development financier and impact investor, today announce a USD26 million commitment to African Development Partners III (ADP III), a pan-African private equity fund aiming to foster the growth and development of African consumer focused businesses across the continent. Contributing to the value creation within its investees, ADP III aims to support established […]

April 14, 2021

Creadev, Finnfund and Imaginable Futures support SPARK Schools in its mission to revolutionize Africa K-12 education

By 2030, more than 300 million young people will enter the job market across Sub-Saharan Africa. A high-performing primary and secondary learning system unlocking the doors of university will be critical to educate and train the many. Yet most of K-12 institutions across the continent still perform poorly, plagued by overcrowded classrooms, scarcity of qualified […]

February 4, 2021

Phatisa Food Fund 2 reaches $143 million final close from DFI commitments

CDC Group, Norfund, Finnfund, FinDev Canada and BIO jointly commit $82 million to Phatisa’s second food fund Sub-Saharan African fund aims to create over 2,000 jobs in food and agriculture The investment aims to increase agricultural output by 3m tonnes A group of leading development finance institutions (DFIs) and impact investors – CDC Group, Norfund, […]

Finnfund increases funding to Starsight, a leading C&I solar player in West Africa

Starsight, the leading Commercial and Industrial (“C&I”) solar power provider in West Africa, is delighted to announce that Finnfund and Norfund have increased their senior debt facility from 10 million USD to 20 million USD. The new funding will enable Starsight to continue to deliver its market leading energy-as-a-service hybrid solar solutions to C&I customers […]

January 14, 2021

COVID-19 underlines the need for accessible healthcare

Markus Pentikäinen

I was invited as one of the panelists to attend a webinar about healthcare investments in Africa. The main question there was how the ongoing pandemic has reshaped the healthcare investment landscape.  Some things may have changed during this very exceptional year but in my opinion, most things have not. We are a long-term impact […]

December 1, 2020