Investments in Uganda

Direct investment

Total commitment (MNOK) as of 31.03.2017: 889.5 MNOK

Investment Sector Year Instrument Commitment
Africa Health Fund (Aureos) Investment funds 2011 Fund 3% 2.0
African Century Foods Ltd. Food and agribusiness 2013 Equity 10% 10.0
Agri-Vie Food and agribusiness 2010 Fund 6% 3.1
Agri-Vie II Food and agribusiness 0 Fund 10% 12.9
Arise B.V. Banking 2016 Equity 15% 325.5
Ascent Rift Valley Fund Ltd Investment funds 2013 Fund 20% 17.0
BPI East Africa LLC Investment funds 2015 Fund 30% 15.3
DFCU Limited Banking 2004 Loan 100% 12.3
E&Co (Persistent Energy) Energy 2009 Loan 0% 0.0
Freight in Time Other industrial partnerships 2015 Equity and loan 6% 5.2
GLAD Ltd Food and agribusiness 2012 Loan 100% 5.1
GroFin Africa Fund Investment funds 2008 Fund 17% 10.4
GroFin SGB Fund Limited Partnership Investment funds 2015 Fund 21% 26.8
Interact Climate Change Facility Energy 2010 Equity and loan 3% 9.0
Norfinance AS Financial services 2013 Equity 90% 377.9
Novastar Ventures East Africa Fund Investment funds 2013 Fund 14% 11.0
Real People Investment Holdings (Pty) Limited Financial services 2009 Equity and loan 1% 1.3
Rwimi EP Company Ltd Energy - hydro 2015 Equity and loan 100% 33.4
Voxtra East Africa Agribusiness Ini Food and agribusiness 2011 Fund 35% 11.1

Indirect investment

Investment Sector Year Investor
27-UG-FMO-0315-NYAMWAMBA Energy - hydro Interact Climate Change Facility
28-UG-FMO-0315-Mpanga Energy - hydro Interact Climate Change Facility
African Queen Uganda Manufacturing Ascent Rift Valley Fund Ltd
Alpha and Beta Investments Limited Other industrial partnerships GroFin Africa Fund
Amos Diaries #N/A Voxtra East Africa Agribusiness Ini
Anita Ddembe Kateregga Wholesale and retail GroFin Africa Fund
Bahama Blessings Limited Other industrial partnerships 2012 GroFin Africa Fund
Biyinzika Enterprises Food and agribusiness Voxtra East Africa Agribusiness Ini
Brick World Uganda Limited Other industrial partnerships 2012 GroFin Africa Fund
Chims Africa Ltd Communication Ascent Rift Valley Fund Ltd
Chims Enterprises Financial services GroFin Africa Fund
DFCU Limited Banking 2004 Arise B.V.
DFCU Limited Banking 2004 Norfinance AS
Ecos Medical Foundation Ltd Health GroFin Africa Fund
Edith Harriet Abonwaku T/a Lubogo Electricals Wholesale and retail GroFin Africa Fund
Frapho Investment Ltd Financial services 2015 GroFin SGB Fund Limited Partnership
Green Label Services Ltd Other services 2013 GroFin Africa Fund
Inyamat Cafe and Restaurant Wholesale and retail 2016 BPI East Africa LLC
Jinja Central School Limited Financial services 2016 GroFin SGB Fund Limited Partnership
Kaki Investments Limited Other industrial partnerships GroFin Africa Fund
Katon Manufacturers Manufacturing 2013 GroFin Africa Fund
Kiruhura Dairy Project Limited Manufacturing 2015 GroFin SGB Fund Limited Partnership
Kiruhura Dairy Project Limited Manufacturing 2015 GroFin Africa Fund
Kizito Bruno Joseph Wholesale and retail 2012 GroFin Africa Fund
Lachen Investments Limited Financial services 2014 GroFin SGB Fund Limited Partnership
Medilla Limited Manufacturing GroFin Africa Fund
Mt. Vernon Secondary School Maya Education 2014 GroFin Africa Fund
Mukono Bookshop Printers & Publishers Co Wholesale and retail 2016 BPI East Africa LLC
Mukono Bookshop Printing & Publishing co Financial services 2015 GroFin SGB Fund Limited Partnership
Namulundu Medical Center Health 2013 GroFin Africa Fund
Nsamba Trading Group Ltd Wholesale and retail 2014 GroFin Africa Fund
Ntinda Apartments Other industrial partnerships 2016 BPI East Africa LLC
Profocus Limited Financial services 2014 GroFin SGB Fund Limited Partnership
Quick Wholesalers (U) Ltd Wholesale and retail GroFin Africa Fund
Real Task Agencies Limited Wholesale and retail GroFin Africa Fund
Shine Group Limited Wholesale and retail 2014 GroFin Africa Fund
Ssebaggala & Sons Electro Centre Ltd Wholesale and retail GroFin Africa Fund
St Michael Mixed Day and Boarding Primary School Financial services 2014 GroFin Africa Fund
Sunrise Design Graphics Limited Other industrial partnerships GroFin Africa Fund
THE GRAND GLOBAL HOTEL LIMITED Financial services 2016 GroFin SGB Fund Limited Partnership
THE GRAND GLOBAL HOTEL LIMITED Financial services 2016 GroFin Africa Fund
Tateru (Simba Properties Investment Co) Other industrial partnerships Vantage Mezzanine Fund II
Tumaini Investments Limited Other industrial partnerships 2013 GroFin Africa Fund
Victoria Best Limited Manufacturing 2014 GroFin SGB Fund Limited Partnership
Vine Pharmaceuticals Health Africa Health Fund (Aureos)
World of T-Shirts Wholesale and retail 2013 GroFin Africa Fund

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo