Swedfund Commits $16.3 Million to AfricInvest Small Cap Fund
March 25, 2025
Swedfund has committed EUR 15 million to the AfricInvest Small Cap Fund, a private equity initiative focused on supporting small and medium-sized enterprises (SMEs) across Africa.SMEs are a cornerstone of economic development, driving job creation…
Swedfund, BII, and Norfund Invest $85M in AgDevCo
February 21, 2025
Swedfund, alongside British International Investment (BII) and Norfund, have announced a joint $85 million investment in AgDevCo, the specialist investor transforming agriculture across sub-Saharan Africa. The equity investment comprises up to $20 million from Swedfund,…
Swedfund Injects $7.5 Million into Kenya’s Victoria Commercial Bank
February 20, 2025
Swedfund has announced a second investment of USD 7.5 million in Kenya’s Victoria Commercial Bank (VCB) PLC. The loan will further strengthen the bank’s ability to finance small and medium-sized enterprises (SMEs), which play a…
Swedfund Commits €40M to Boost Infrastructure in Africa and Asia
January 31, 2025
Swedfund is committing €40 million to the Emerging Africa & Asia Infrastructure Fund (EAAIF), a company of the Private Infrastructure Development Group (PIDG), managed by Ninety One. The investment will address infrastructure gaps in Africa, the…
Apollo Agriculture Secures $10 Million Investment for Agri-Tech Expansion in Kenya
January 29, 2024
Apollo Agriculture has announced a financial partnership with Swedfund and ImpactConnect. The injection of a combined $10 million in debt investment marks a pivotal moment for the agri-tech industry in Kenya and beyond, as Apollo…