Norfund

Norfund is a development finance institution that provides equity and risk capital to businesses in developing countries, primarily focusing on Sub-Saharan Africa, with a mandate to foster sustainable economic growth. It functions as an active strategic minority investor, channeling financial resources and offering expertise to companies poised for expansion. This approach aims to build robust enterprises, driving job creation and supporting local economic development through responsible investments.

The organization was established in 1997 by the Norwegian Storting (parliament) and is wholly owned by the Norwegian Ministry of Foreign Affairs. This governmental backing provided Norfund with a unique foundation, allowing it to undertake patient capital investments aligned with Norway's development policy objectives. The insight behind its creation was the recognition that private sector investment is crucial for sustainable development, necessitating a dedicated institution to bridge financing gaps in emerging markets.

Norfund’s customers are growth-oriented businesses in its target regions that require capital and strategic support to scale their operations. Its vision extends to improving lives and reducing poverty by facilitating job creation and fostering economic empowerment in these communities. The institution continually works towards a future where sustainable businesses drive prosperity and a transition towards a more equitable global economy.