Investments in Kenya

Direct investment

Total commitment (MNOK) as of 31.12.2016: 1795.9 MNOK

Investment Sector Year Instrument Commitment
ASILIA (African Spirit Group Limited) Tourism 2013 Equity 15% 4.6
Africa Health Fund (Aureos) Investment funds 2011 Fund 36% 23.9
Afrinord Hotel Investments Tourism 2005 Equity and loan 31% 13.5
Agri-Vie Food and agribusiness 2010 Fund 5% 2.6
Arise B.V. Banking 2016 Equity 35.05% 761.1
Ascent Rift Valley Fund Ltd Investment funds 2013 Fund 40% 34.2
Aureos Africa Fund Investment funds 2008 Fund 16% 22.9
Aureos East Africa Fund Investment funds 2003 Fund 100% 4.5
BPI East Africa LLC Investment funds 2015 Fund 45% 23.2
Basecamp Explorer Kenya Ltd Tourism 2010 Equity 100% 16.4
European Financing Partners SA Investment funds 2006 Equity and loan 22% 69.1
Fanisi Venture Capital Fund Investment funds 2009 Fund 59% 57.3
Fanisi Venture Management Company Investment funds 2009 Equity 59% 0.6
Freight in Time Other industrial partnerships 2015 Equity and loan 67% 58.7
Globeleq Ltd Energy 2014 Equity 3% 59.7
GroFin Africa Fund Investment funds 2008 Fund 9% 5.6
GroFin SGB Fund Limited Partnership Investment funds 2015 Fund 17% 21.8
HFC Limited Banking 2014 Loan 100% 82.5
Interact Climate Change Facility Energy 2010 Equity and loan 9% 26.8
KLP Norfund Investments AS Investment funds 2013 Equity 35.9% 118.3
Kinangop Wind Park Limited Energy - wind 2013 Equity 100% 94.3
Lake Turkana Wind Power Limited Energy - wind 2013 Loan 100% 13.0
NMI Frontier Fund Microfinance 2008 Fund 40% 43.2
NMI Fund III Microfinance 2013 Fund 31.2% 57.4
NMI Global Fund Microfinance 2008 Fund 39% 51.1
Nordic Microfinance Initiative AS Microfinance 2008 Equity 26% 7.4
Norwegian Microfinance Initiative AS Microfinance 2008 Equity 4% 1.2
Novastar Ventures East Africa Fund Investment funds 2013 Fund 86% 67.6
Pure Power Ltd, Uni-Power Ltd, Young Power Ltd Energy - hydro 2011 Loan 100% 12.9
Real People Investment Holdings (Pty) Limited Microfinance 2009 Equity 3% 3.8
Vertical Agro (Sunripe & Serengeti Fresh) Food and agribusiness 2014 Equity 71% 31.8
Voxtra East Africa Agribusiness Ini Food and agribusiness 2011 Fund 30% 9.5

Indirect investment

Investment Sector Year Investor
Lake Turkana Wind Power Limited Energy - wind 2013 KLP Norfund Investments AS

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo