News

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 […]

November 24, 2020

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 […]

November 13, 2020

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. […]

November 11, 2020

Finnfund to participate a European financing package to support COVID-19 impacted businesses

Finnfund, a Finnish development financier and impact investor, invests EUR 10 million in a financing scheme of eleven members of EDFI, the Association of European Development Finance Institutions, and the European Investment Bank (EIB) to reduce negative impacts of the COVID-19 pandemic on economy and employment in developing countries. The financing package of EUR 280 […]

November 9, 2020

Fortum partners with Finnfund to speed up charging infrastructure development and growth in India

To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority share of Fortum’s public charging point operator (CPO), Fortum Charge and Drive India Private Limited (FCDIPL). FCDIPL is a fast-growing e-mobility infrastructure provider, owning more […]

Finnfund invests USD 7.5 million to strengthen the insurance coverage in Sri Lanka

Finnfund makes its first investment in the insurance sector by providing a USD 7.5 million loan to Softlogic Life Insurance PLC in Sri Lanka. The innovative and dynamic company is pioneering inclusive life and health insurance solutions in Sri Lanka and has today over half million low- and mid-income customers. By offering affordable insurance to […]

September 2, 2020

We are looking for a (Junior) Investment Analyst to join our analyst team

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 and financial institutions. Today Finnfund’s investments and commitments total about 957 million euros, […]

August 19, 2020

Finnfund provides US$10 million loan to First National Bank Ghana to strengthen capacity in Ghanaian financial sector

Finnfund, a Finnish development finance company and impact investor, has provided a US$ 10 million senior loan to First National Bank Ghana Ltd. One of the key objectives of Finnfund’s investment is to support the Ghanaian financial sector and the growth of small and medium-sized enterprises (SMEs), and in particular, foster affordable housing in the […]

August 17, 2020

Finnfund Insights analyzes the impacts of the COVID-19 on markets and businesses 

The COVID-19 pandemic is an unprecedented shock to the world economy. New Finnfund Insights discusses some of the main channels through which businesses in the developing world feel the impact from pandemic. “As a development finance institution, we have good visibility to how businesses in emerging and developing markets are affected,” said Minna Kuusisto, Finnfund’s Economist.  “While many newspapers are covering the immediate impacts the […]

July 3, 2020

CDC Group and Finnfund commit US$70 million to AfricInvest Fund IV

CDC Group and Finnfund today announce a US$70 million commitment to AfricInvest Fund IV, a generalist pan-African fund aiming to foster the growth of African enterprises across the continent. CDC, the UK’s impact investor and development finance institution, committed US$50 million and Finnfund, the Finnish development financier, committed US$ 20 million. With offices in cities […]

July 2, 2020