Norfund - the Norwegian Investment Fund for Developing Countries

The Norwegian Investment Fund for Developing Countries – Norfund - invests to create jobs, improve lives, and support the transition to net zero. The fund is owned by The Norwegian Ministry of Foreign Affairs and will help to establish and grow viable and profitable businesses in developing countries, which would otherwise not be initiated due to high risk. About a third of the investment portfolio is in Renewable energy. Financial inclusion, Scalable enterprises in the agricultural and manufacturing industries and Green infrastructure are other prioritized investment areas. Norfund also manages the Norwegian Climate Investment Fund that aims to contribute to reducing or avoiding greenhouse gas emissions. Norfund has offices in Oslo, Nairobi, Cape Town, Accra, San José and Bangkok. Norfund's committed portfolio amounts to USD 3.3 billion in 230 companies. The number of employees is about 150 representing 32 nationalities.