Skip to content
fi
en

11 posts found.

Selected Category: Digital infrastructure and solutions

Finnfund’s 15 million USD investment in Horizon Capital Growth Fund IV provides growth equity capital to Ukrainian technology and export-oriented companies

Kyiv-based Horizon Capital Surpasses its 250 million USD target at in-person signing ceremony with president Volodymyr Zelenskyy and investors Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV, has reached $254 million at its Interim Closing held today […]

Read more

Finnfund’s 3.4 million US dollar investment in KaiOS helps bring affordable mobile connections to Sub-Saharan Africa

Finnfund invests 3.4 million US dollars in KaiOS Technologies, maker of KaiOS, the leading mobile operating system for smart feature phones. It has been estimated that 3.4 billion people in emerging markets do no use internet despite living in areas with mobile broadband coverage. One of the greatest barriers to mobile internet adoption is the […]

Read more

Investment in Africa Mobile Networks bridges the digital divide between rural and urban populations in Sub-Saharan Africa

The BlueOrchard Sustainable Assets Fund (BOSAF) and the OP Finnfund Global Impact Fund I will provide a USD 20 million debt investment to support the growth of Africa Mobile Networks (“AMN”), a telecom provider focused on rural Sub-Saharan Africa, in bringing network services to an estimated 35 million people. Mobile network access and connectivity are […]

Read more

Finnfund invests in Wave, a mobile money provider bringing affordable services to Sub-Saharan Africa

Finnfund’s investment is a part of a financing package arranged by IFC. Other investors are Symbiotics, Blue Orchard, responsAbility, Lendable and Norfund. Mobile money service increases financial inclusion. The LDC countries where Wave operates record some of the lowest account penetrations globally and Wave’s service gives the customers access to affordable accounts and payment services […]

Read more

DFIs pledge to enhance collaboration in support of infrastructure development

The leaders of more than 15 Development Finance Institutions (DFIs) gathered to affirm their commitment to transparent and sustainable private sector investment in priority sectors essential to development. The group of DFI leaders reiterated their support for an initiative first announced at the Carbis Bay G7 Summit last year that contributes to achieving the shared […]

Read more

SDG 5: A telecommunications operator’s best practices for promoting gender equality

June Hossel Delfaud

Sustainable development means ending discrimination towards women and providing equal opportunities for education and employment. According to the experts, gender equality and women empowerment has been conclusively shown to stimulate economic growth, which is fundamental, especially in countries with higher unemployment rates and less economic opportunity. Founded in 2010, BCS is a wholesale telecommunications operator […]

Read more

OP Finnfund Global Impact Fund I joins a group of investors supporting India’s leading MSME lending platform Indifi

CX Partners and OP Finnfund Global Impact Fund I (the first Finnish global emerging markets impact fund) along with existing investors CDC Group (the UK’s development finance institution), Omidyar Network, Elevar Equity, and Accel, have invested 19 million US dollars in Series D round of Equity Capital raise for Indifi Technologies, a digital financial services […]

Read more

OP Finnfund Global Impact Fund I invests in food distribution platform Twiga to improve food security across Sub-Saharan Africa

OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests 3 million US dollars in Kenyan headquartered B2B e-commerce food distribution platform Twiga. OP Finnfund Global Impact Fund I joins a group of investors, led by Creadev, in a financing package totalling 50 million US dollars. Twiga operates a […]

Read more

Digital banking transformation is no longer an attractive option for banks but crucial for survival

Kuutti Kilpeläinen

Financial inclusion aims individuals and businesses to have access to useful and affordable financial products and services that meet their needs. As World Bank highlights, a transaction account is a first step towards broader financial inclusion. Once people have bank accounts, they are more likely to use other financial services, such as credit and insurance. […]

Read more

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 […]

Read more
  • 1
  • 2