Norfund is Norway’s Development Finance Institution.

 

  • Norfund's mandate is to support the building of sustainable businesses in poor countries and thereby contribute to economic and social development.  
  • Norfund is an active strategic minority investor – wholly owned and funded by the Norwegian Government.
  • Norfund was founded in 1997 by the Norwegian Government.
  • By year end 2015, Norfund’s committed portfolio was USD 1,8 billion / NOK 15,1 billion and included more than 700 companies.                         

  • Norfund’s strategy is to invest in sectors and countries where we can have the greatest impact, where the private sector is weak and access to capital is scarce.

  • The priority geographical areas are primarily sub-Saharan Africa, but also some selected countries in South East Asia and Central America.                                                                           

  • We invest in three sectors; Clean energy, Financial institutions and Food and Agribusiness. We also invest in Private Equity and Venture Capital Funds that target small- and medium-sized businesses (SMEs) in need of early phase or growth capital.

  • When we exit investments, the funds are reinvested in other businesses.
  • The average annual return on our investments is 5,4 per cent since inception.
  • Norfund has 69 employees, 47 in Oslo and 22 in our regional offices. 

  • Norfund is a member of the Association of European Development Finance Institutions (EDFI) together with the 14 other bilateral Development Financial Institutions in Europe.