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Norfund

https://www.norfund.no
Last activity: 07.04.2026
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Norfund - The Norwegian Investment Fund for Developing Countries, is owned by the Norwegian Government and serves as an instrument in Norwegian development policy. Norfund contributes to poverty reduction and economic development in the poorest countries through investments in profitable businesses and transfer of knowledge and technology.

Norfund invests equity and/or debt capital, always as a financial minority together with partners, international or Norwegian.

The main sector for investment is clean energy. Norfund is Norway's biggest investor in microfinance through the Norwegian Microfinance Initiative (NMI), and is also a prominent investor in small and medium sized businesses through regional funds and direct investments.

Norfund's geographical focus is on Sub-Sahara Africa, where the fund has three regional offices (Nairobi, Cape Town and Accra). In addition, Norfund invests in selected countries in Asia and Latin America, with regional offices in Costa Rica and Bangkok. Norfund seeks to hire local staff in the regions, and 15 nationalities are represented among the staff.
Portfolio
10
Mentions
88
Location: Norway, Oslo
Employees: 51-200
Founded date: 1998
Investment Type: Venture Capital
Investment Stage: Debt

Portfolio 10

DateNameWebsiteTotal RaisedLocation
24.01.2026Softlogic ...softlogiclife.lk$15MSri Lanka
14.11.2025Mulilo Gro...mulilo.com$75MSouth Afri...
05.08.2025candi sola...candi.solar$82.5MIndia
30.07.2025Sun Kingsunking.com$503MKenya
09.07.2025Wave Mobil...wave.com$147MSenegal
29.01.2025CrossBound...crossboundary.com$80MKenya
12.03.2024AwanTunaiawantunai.com$27.5M-
02.11.2023Funding So...fundingsocieties.com$454MThailand, ...
23.09.2021Baobab+baobabplus.com$16.42MFrance, Il...
30.06.2021Fourth Par...fourthpartner.co$505.74MIndia, Tel...

Mentions in press and media 88

DateTitleDescription
07.04.2026Emerging managers face extended fundraising timelines as DFIs turn selective-
06.04.2026$147 M Africa People and Planet Fund III finally closed by venture capital firm NovastarOne of the first and biggest venture capital firms to invest in Africa, Novastar Ventures, has announced the final close of its third fund, Novastar Ventures Africa People and Planet Fund III (NVIII), at US $147 million. Novastar is one of ...
01.04.2026Kenya’s Novostar Ventures marks final close of third fundA view of Nairobi, Kenya Novastar Ventures, a Kenya-based venture capital firm that backs early-stage companies, has marked the final close of its third fund below target. The Nairobi-headquartered VC firm has received commitments worth $14...
30.03.2026Dragon Capital инвестирует в расширение M10 Lviv Industrial Park: старт второй очереди на 22 000 кв м во ЛьвовеКомпания Dragon Capital начала строительство второй очереди индустриального парка M10 Lviv Industrial Park во Львове, предусматривающей возведение складских и производственных помещений класса А общей площадью 22 000 кв. м. Первая очередь п...
25.02.2026Норвегия предоставит Украине $9 млрд в 2026 году в рамках программы NansenОб этом сообщила премьер-министр Украины Юлия Свириденко после встречи с премьер-министром Норвегии Йонасом Гаром Стьоре в Киеве 25 февраля. По её словам, речь идет об одном из крупнейших пакетов помощи среди всех международных партнеров Ук...
28.01.2026Norfund-backed Candi Solar plans fresh funding, may onboard new investorsPremium Credit: Pexels Norfund- and International Finance Corp (IFC)-backed green energy company Candi Solar, which operates in India and South...... This is a Premium article. Please subscribe or log in to read the full story! Here's a sel...
25.01.2026Softlogic Life Secures Major Growth Capital, Fuels Digital FutureSri Lanka's Softlogic Life secured a pivotal $15 million loan. Norfund and OP Finnfund Global Impact Fund I provided the capital. This funding fuels Softlogic Life's next growth phase. It strengthens the balance sheet. It expands distributi...
24.01.2026Softlogic Life secures $15 million loanSoftlogic Life Softlogic Life Founded: 1999 Headquarters: Colombo, Western, Sri Lanka Total Funding: $15M See full company profile "> has secured a $15 million long-term loan facility from OP Finnfund Global Impact Fund I and Norfun...
22.01.2026Ukraine's Green Horizon: Catalyst Fund Fuels Odesa Wind Power RevolutionHorizon Capital's Catalyst Fund made its first crucial investment. It backed Notus Energy's 124 MW wind project in Ukraine's Odesa region. This €220 million green energy initiative will power 120,000 homes. It creates over 300 construction ...
22.01.2026Softlogic Life sets up growth roadmap with long-term capital from OP Finnfund Global Impact Fund I and NorfundSoftlogic Life sets up growth roadmap with long-term capital from OP Finnfund Global Impact Fund I and Norfund Thu, Jan 22, 2026 07:00 CET Report this content Sri Lanka’s top notch insurer Softlogic Life Insurance PLC has secured a 15 milli...
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