Skip to content
fi
en

News

We publish news and press releases about our investments and other current topics.

CDC and Finnfund invest in microfinance pioneer to drive women entrepreneurship in Pakistan

CDC Group, the UK’s development finance institution and Finnfund, the Finnish development financier and impact investor, have provided a US$25 million senior unsecured loan facility to Kashf Foundation, one of the leading microfinance institutions in Pakistan. Kashf Foundation promotes female entrepreneurship and has so far enabled more than a million low-income families across Pakistan to […]

Read more

Gender lens investing gaining momentum

Over the last few years, there has been a dramatic increase in gender lens investing, a strong indication that the financial sector is working to balance a legacy of lopsided investments. Finnfund, a Finnish development financier and impact investor, has since April 2019 invested over 121 million euros in companies that promote women’s empowerment in […]

Read more

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 […]

Read more

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, […]

Read more

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 […]

Read more

The second round of funding for the first Finnish impact fund to invest in emerging markets raised a further EUR 58 million in capital – the total fund size now stands at EUR 135 million

OP Finnfund Global Impact Fund I seeks positive impacts on, for instance, climate change, food security, gender equality and the availability of financing. The second round of funding ended at the beginning of December and raised EUR 58 million more in capital. OP Finnfund Global Impact Fund I focuses on three main industries in developing countries: […]

Read more

Finnfund continues to drive financial inclusion by investing in Myanmar’s microfinance sector

Finnfund makes a 5.5 million USD senior loan investment in Early Dawn Microfinance Co., Ltd. (DAWN), the third largest microfinance company in Myanmar in terms of client outreach. The financing will support DAWN’s expansion in underserved townships and peri-urban areas. DAWN started as a Save the Children Myanmar Microfinance Program in 2002 and has since […]

Read more

OP Finnfund Global Impact Fund I to join a financing package to improve broadband access in rural Indonesia

OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, has contributed USD 12.5 million to foster the work of Net1 Indonesia in bringing internet connectivity to underserviced areas in the fourth most populous country in the world. OP Finnfund Global Impact Fund I joins a group of investors, led […]

Read more

Finnfund’s investments empower women in developing countries

Microloans that increase women’s income and strengthen their financial independence. Better food security through financing targeted at smallholder farmers. Companies where half of the management are women. Finnfund, a government-owned development financier, has invested recently in companies of this kind in developing countries. The aim is to promote gender equality by investing in profitable projects. […]

Read more