News
We publish news and press releases about our investments and other current topics.
Finnfund’s new Sustainability Policy finalized and approved
Finnfund’s new Sustainability Policy has been finalized and approved by Finnfund’s key decision making bodies, including Finnfund’s management, Board of Directors and Supervisory Board. The Sustainability Policy now applies to all new investments approved from March 2020 onwards. We’d like to thank all stakeholders involved in the revision process. The new overarching Sustainability Policy was […]
Read moreMarch 12, 2020
Finnfund finances development of high-quality hospitals in Egypt and Morocco
Finnfund supports the development of high-quality hospitals in Egypt and Morocco together with other international financial institutions. Finnfund’s share of the total 125 million US dollar financing facility is 18,75 million. Thanks to the financing Humania, a private healthcare company, will be able to expand health services and improve medical care in Morocco and Egypt […]
Read moreFebruary 18, 2020
Bringing together executives of Africa’s most promising, fast-growing agribusiness
Last week, the African Cheetahs Roundtable was held in Nairobi, Kenya. Development finance institutions FMO, IFC, and Finnfund brought together executives of Africa’s most promising, fast-growing agribusiness companies (the “Cheetahs”) for a thought-provoking, interactive two-day roundtable. Exclusively for this roundtable, Prof. Peer Ederer analyzed strategic challenges faced by Cheetahs and explored solutions with the participants. Based on his […]
Read moreFebruary 10, 2020
Financial service providers boost women’s careers and entrepreneurship
Finnfund invests 10 million euros in the Advans Group, an international microfinance group, and 10 million US dollars in Bank of Georgia, leading universal bank in Georgia. Both investments strengthen women’s financial and economic position, and qualify for the 2X Challenge, a G7 initiative to mobilise financing for women’s empowerment. Since 2018, the 2X Challenge […]
Read moreJanuary 28, 2020
Modern agricultural technology increases productivity in Madagascar
The company JTF Madagascar SARL was established by the Italian renewable energy company Tozzi Green SpA in 2010 and is specialized in sustainable agriculture activities such as food crops and essential oils. Tozzi Green practices large-scale agriculture in Madagascar on an area of about 8,000 ha total, where it mainly cultivates corn and soybeans for […]
Read moreJanuary 23, 2020
Sustainable teak and cocoa plantation in Nicaragua scores top impact points
A project to expand FSC certified teak and UTZ certified cocoa plantations in the rural Siuna region of Nicaragua scores exceptionally high points in Finnfund’s development impact assessment. The high score is based on the project’s contribution to carbon capture, protection of fauna and curbing deforestation as well as the various social impacts, such as […]
Read moreJanuary 20, 2020
Season’s Greetings!
More information about UN Women: https://unwomen.fi/
Read moreDecember 16, 2019
We are looking for an Investment Manager and an Investment Analyst
Are you an ambitious finance professional ready for a new challenge in a global environment? Do you want to be a part of the growth and future success of the leading impact investor in Finland? You could be the next Investment Manager or Investment Analyst at Finnfund. Investment Manager In this (Senior) Investment Manager role […]
Read moreDecember 11, 2019
Finnfund’s Impact Report 2018 now available
Finnfund has published its annual Impact Report that collects the development impact of the portfolio for year 2018. The report concludes for example that Finnfund’s direct investments supported 56,000 jobs, produced 6,500 GWh clean energy, sequestrated 517,000 tons of carbon dioxide (tCO2) and produced 25 million chicken. Connecting two large wind power plants, Lake Turkana […]
Read moreOctober 29, 2019
Finnfund’s USD 10 million investment makes telecommunications in Lebanon and Guinea more reliable and energy-efficient
IPT PowerTech Group is an energy solutions provider combining specialized energy-efficient solutions with innovative telecom infrastructure. With financing from Finnfund, DEG, Proparco and European Investment Bank, IPT will modernize the energy supply infrastructure in Lebanon and Guinea. The hybrid solution utilizing solar panels and storage media will save up to 40% of energy and reduce diesel […]
Read moreOctober 9, 2019