Norwegian investment fund for developing countries

Creating jobs, improving lives, and supporting the transition to net zero

Norfund's investment areas

News

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Norfund invests in Dragon Capital’s Rebuild Ukraine Fund to support Ukrainian SMEs
Calendar Icon December 8, 2025

Norfund invests in Dragon Capital’s Rebuild Ukraine Fund to support Ukrainian SMEs

400 million for Scatec’s largest solar and battery project in Egypt
Calendar Icon December 8, 2025

400 million for Scatec’s largest solar and battery project in Egypt

Norfund invests to expand electricity access in Côte d’Ivoire 
Calendar Icon November 26, 2025

Norfund invests to expand electricity access in Côte d’Ivoire 

Climate Investment Fund invests USD 75m to accelerate energy transition in South Africa 
Calendar Icon November 21, 2025

Climate Investment Fund invests USD 75m to accelerate energy transition in South Africa 

Norwegian Ukraine Investment Fund makes first investment 
Calendar Icon November 19, 2025

Norwegian Ukraine Investment Fund makes first investment 

Norfund invests in microfinance for rural development in Guatemala 
Calendar Icon October 31, 2025

Norfund invests in microfinance for rural development in Guatemala 

Norfund invests in Finanzauto to promote electric mobility in Colombia
Calendar Icon October 21, 2025

Norfund invests in Finanzauto to promote electric mobility in Colombia

Norfund invests in sustainable steel production in Ghana
Calendar Icon October 13, 2025

Norfund invests in sustainable steel production in Ghana

Norfund invests in canned fruit processor in South Africa
Calendar Icon October 10, 2025

Norfund invests in canned fruit processor in South Africa

Norfund invests in SIPRA: One of West Africa’s largest integrated poultry producers
Calendar Icon September 30, 2025

Norfund invests in SIPRA: One of West Africa’s largest integrated poultry producers

Our investments

Norfund’s development mandate aims to create jobs and improve lives, targeting 30 core investment countries, primarily in Sub-Saharan Africa in addition to selected countries in Asia and Latin America. Through the climate mandate, Norfund supports the transition to net zero by investing in 13 core countries in North and Southern Africa, and in South and Southeast Asia. In addition, Norfund has been given a dedicated mandate to help develop sustainable businesses in Ukraine.

See all of our investments

Annual report

In 2024, our portfolio companies created 41,400 jobs, provided electricity access to 750,000 households, avoided 9.2 million tons of CO2e, and delivered an 8.4 percent return.

Partner with us

Are you looking for an investor? Norfund works as a minority financial investor, and entrepreneurs or industrial investors are in the lead in our projects. We depend on strong, capable partners who share our values and goals. Norfund also relies on good relations and dialogue with several non-investor partners in the international development sector.