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Impact

Responsible companies play an important role in solving major global challenges such as poverty, inequality, and climate change and biodiversity loss.

Case: Twiga connects merchants and food production

A heartily smiling Naomi Wambui, 74, sits on the steps of an apartment building, with a plastic box full of bananas next to her, on a street in Nairobi’s Kahawa West area, which is full of traders with mobile stalls. “I found Twiga in December 2022. My life and my business have improved significantly since […]

Case: Investor activism saved a pellet manufacturer

SaraRasa moved its facility 1,400 kilometres and changed its raw material SaraRasa is the first commercial scale pellet producer in Indonesia. Finnfund has invested in the company since 2012. At that time the main market for pellets was Europe, however it was envisioned that the Asian market would grow strongly too. The original business proposition […]

Tractor working in the warehouse

Finnfund Digital Access Impact Fund

Finnfund announced the first closing of Finnfund Digital Access Impact Fund I LP (DAIF) in August 2025. The fund has raised 80 million euros. The fund focuses on digital solutions and infrastructure in emerging and frontier markets. It will voluntarily aim to meet the criteria for the Dark Green Funds according to the Article 9 […]

Africa Mobile Networks: Network connections open up the world

What happens when a Nigerian village gets access to a mobile network? We wanted to find out, so we organised a community survey together with our investee Africa Mobile Networks (AMN). The members of local communities were able to share their experiences and tell us how the network connection has impacted the lives of themselves […]

Three persons sitting in a classroom and using tablet computers

For media

Finnfund invests in financially profitable projects of responsible companies operating in developing countries that promote sustainable development.

Mountain Hazelnuts secures landmark international investment, strengthening Bhutan’s sustainable agriculture sector

News and publications | 27.3.2025

Mountain Hazelnuts , Bhutan’s first fully foreign direct investment (FDI) and a leading force in sustainable agroforestry, has secured a groundbreaking 7.9 million US dollar equity investment to expand its climate-resilient farming initiatives. The investment into the holding company Mountain Hazelnuts Group PTE. Ltd., Singapore (MHG) comes from its long-term partner Mirova, an affiliate of […]

Cassava Technologies receives USD 90 million equity investment for expanding digital infrastructure across Africa 

News and publications | 16.12.2024

The U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation Ltd (Finnfund), and Google LLC today announced an ​​initial ​equity investment of $90 million into Cassava Technologies Limited (“Cassava” or the “Company”). Cassava is a market-leading and diversified information and communications technology (ICT) platform in Africa. Operating in over 30 countries, Cassava provides […]

Finnfund closed a 4 million US dollar debt investment with Kenyan Poa Internet to expand affordable broadband

News and publications | 27.8.2025

Finnfund closed a 4 million US dollar debt investment with Poa Internet Kenya Ltd. (“Poa Internet”), a Kenyan internet service provider, to expand its network and improve internet accessibility. The investment aims to support Poa Internet in bridging the digital divide by providing affordable broadband internet to underserved communities in Kenya. “We are excited to […]

Poa staff member talking to a person in a street

Finnfund’s investment bridges the digital divide in South Africa with help of technology from Nokia

News and publications | 16.11.2023

Approximately 80 % of homes in South Africa remain unserved by fast and affordable broadband internet. Fiber access is expensive and limited to affluent suburbs, perpetuating the digital divide. Moreover, micropayments are prohibitively expensive due to high bank transaction fees leading to a cash-based mindset. Finnfund has decided to invest 2 million euros in the […]