News
We publish news and press releases about our investments and other current topics.
Launching a new global industry body that convenes the entire spectrum of investors to promote gender lens investing
Some of the largest household names in the global investment industry today announced that they would be backing a new industry body set up to promote investment in women. The 2XCollaborative has been launched by the members of the 2X Challenge, a group of Development Finance Institutions and Multilateral Development Banks, in partnership with the […]
Read moreJuly 1, 2021
New statement on climate and energy will guide Finnfund’s climate actions
Finnfund has adopted a new statement on climate and energy. With this statement, Finnfund expresses its commitment to the objectives of the Paris Agreement and explains what this commitment means in practice for its portfolio management, investment process and measuring of the portfolio’s carbon footprint. Finnfund strives to take the lead among development financiers in […]
Read moreJune 30, 2021
New open-access FRESCOS Tool launched for accounting the carbon sequestration in forestry projects
Four European development finance institutions (DFI) – CDC Group (UK), Finnfund (Finland), FMO (Netherlands), and Swedfund (Sweden) – together with Simosol, an IT company, have today launched the FRESCOS Tool, a web-based, open-access tool to account for the carbon sequestration of afforestation and reforestation projects. The overall goal of the FRESCOS Tool is to better […]
Read moreJune 29, 2021
Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than double its original $3 billion target
The 2X Challenge, founded by the Development Finance Institutions of the G7 nations, today announced that it would raise $15 billion for gender-lens investment after surpassing its original target by 100 per cent. Finnfund joined the initiative in May 2019. At the launch of the new 2X Challenge, the organisation said it would seek to […]
Read moreJune 10, 2021
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 […]
Read moreJune 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, […]
Read moreMay 5, 2021
Finnfund first development financier to report carbon net-negative investment portfolio
Finnish development financier and impact investor Finnfund today released data showing that its total investment portfolio has a net negative carbon balance. The figures for 2019 indicate that Finnfund’s investments removed 134,679 tCO2e more than they emitted. In 2019, Finnfund’s investment portfolio was EUR 617 million. “I am extremely proud that we have been able to […]
Read moreMay 4, 2021
Norsk Solar and Finnfund establish unique financing platform for impact investing in developing countries
Norsk Solar AS (NSOL, OSE: NSOL), a fully integrated independent solar power producer focusing on emerging markets and corporate and industrial (C&I) in addition to utility-scale solar projects, today announce the establishment of a joint Investment Company with Finnfund, a development financier and impact investor. “This is a historic moment. The support and credibility of […]
Read moreApril 30, 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 […]
Read moreApril 14, 2021
We are looking for a Legal Counsel
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 200–250 million euros in 20–30 projects, emphasising renewable energy, sustainable forestry, sustainable agriculture, financial institutions, and digital infrastructure & solutions. Today Finnfund’s investments and commitments total […]
Read moreMarch 29, 2021