19 Jun New NEFCO agreement enters into force

"The new agreement on NEFCO’s mandate that was signed by all five Nordic countries on 14 December 2016 enters into force today. At the same time, the Corporation’s amended statutes are officially adopted. The new agreement opens the possibility for NEFCO to geographically broaden its investment...

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13 Jun BSTDB Signs MOU with Russian Federal SME Corporation

"The Black Sea Trade and Development Bank (BSTDB) signed a Memorandum of Understanding with the Russian Federal Corporation for Small and Medium Sized Entrepreneurship (“Russian SME Corporation”) in the framework of the flagship St. Petersburg International Economic Forum on 1 June 2017."...

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07 Jun African Union Commissioner visits NDF

"1 June - NDF hosted Dr. Abou-Zeid, Commissioner for Infrastructure, Energy, ICT and Tourism at the African Union Commission for discussions on climate change, energy and infrastructure initiatives in Africa. The Energy and Infrastructure Commissioner, Dr Amani Abou-Zeid, from the African Union Commission in Addis Ababa...

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07 Jun Norfund opens a new office in Accra, Ghana

"This month, Norfund has opened a new office in Accra, Ghana and is ready to start investing. “Initially, we will focus on investments in Ghana. After some years we will probably expand to other English speaking countries in the region“, says Norfund Executive Vice President...

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07 Jun EDFI statement on ODA Modernisation of PSI

"This statement on implementation of the OECD DAC HLM Agreement on ODA Modernisation of PSI has been prepared by EDFI as input to the ongoing discussions in the DAC and it does not represent the position of any participant country."...

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29 May Swedfund continues to focus on renewable energy in Sub-Saharan Africa

"Swedfund, Sweden’s development finance institution, invests 13 MUSD in the fund Frontier Energy II. The fund focuses on small and medium-sized renewable energy projects, primarily in East Africa. Clean, reliable and affordable electricity is one of the fundamental drivers for development. It underpins economic growth and...

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