News

Nordic Impact Cooperation, owned by Finnfund and Norsk Solar, makes its first investment in Vietnam

Nordic Impact Cooperation AS (“Nordic Impact Cooperation”), owned by the Finnish Fund for Sustainable Development (“Finnfund”) and Norsk Solar AS (“Norsk Solar”, OSEBX ticker: NSOL) has made its first investment decision into a Norsk Solar-developed solar PV-project in Vietnam. Norsk Solar, a leading and fast-growing independent solar power producer, with a particular focus on the […]

August 20, 2021

We are looking for an (Junior) Investment Analyst for fixed term contract and an Investment Analyst for permanent contract

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, financial institutions and digital infrastructure and solutions. Today Finnfund’s investments and commitments total […]

August 16, 2021

Unna Lehtipuu, Master of Political Sciences, has been appointed Communications Director at Finnfund as of 1 August 2021

Lehtipuu has over 20 years of experience from communications and media and also a long experience from working with global development. Most recently she has been leading the communications agency Framilla where her focus has been on improving the strategic communications skills of management teams. She has earlier worked at World Vision as the Communications […]

Finnfund’s investment in digital connectivity increases access to internet in East, Central and Southern Africa

Finnfund provides a 12 million US dollar senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries. With Finnfund’s help as a key project investor, BCS is expanding its operations in East, Central and Southern Africa. The project increases reliability, accessibility and affordability of the internet when […]

August 13, 2021

Launching a new global industry body that convenes the entire spectrum of investors to promote gender lens investing

Some of the largest household names in the global investment industry today announced that they would be backing a new industry body set up to promote investment in women. The 2XCollaborative has been launched by the members of the 2X Challenge, a group of Development Finance Institutions and Multilateral Development Banks, in partnership with the […]

July 1, 2021

New statement on climate and energy will guide Finnfund’s climate actions

Finnfund has adopted a new statement on climate and energy. With this statement, Finnfund expresses its commitment to the objectives of the Paris Agreement and explains what this commitment means in practice for its portfolio management, investment process and measuring of the portfolio’s carbon footprint. Finnfund strives to take the lead among development financiers in […]

June 30, 2021

New open-access FRESCOS Tool launched for accounting the carbon sequestration in forestry projects

Four European development finance institutions (DFI) – CDC Group (UK), Finnfund (Finland), FMO (Netherlands), and Swedfund (Sweden) – together with Simosol, an IT company, have today launched the FRESCOS Tool, a web-based, open-access tool to account for the carbon sequestration of afforestation and reforestation projects. The overall goal of the FRESCOS Tool is to better […]

June 29, 2021

Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than double its original $3 billion target

The 2X Challenge, founded by the Development Finance Institutions of the G7 nations, today announced that it would raise $15 billion for gender-lens investment after surpassing its original target by 100 per cent. Finnfund joined the initiative in May 2019. At the launch of the new 2X Challenge, the organisation said it would seek to […]

June 10, 2021

OP Finnfund Global Impact Fund I invests in EthioChicken, a forerunner in African poultry farming

OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests USD 5 million in EthioChicken, an Ethiopian poultry company. The aim is to generate good jobs, improve food security and reduce poverty in Ethiopia. Established in 2010, EthioChicken has become a forerunner and one of the largest poultry companies […]

June 2, 2021

Finnfund invests in Uhuru Growth Fund I to foster growth of West African businesses

Finnfund, a Finnish development financier and impact investor, announce today a USD 10 million commitment to Uhuru Growth Fund I (UGF). UGF is the first generation fund focusing on high growth SME and middle market businesses operating in the consumer-facing and financial services sectors. The fund will seek investments in West African countries including Nigeria, […]

May 5, 2021