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Finnfund, Finland's development financier, invests in sustainable solutions that promote economic growth in Africa. Their portfolio includes tech giants like Wave Mobile Money and Twiga Foods. They stand out by focusing on debt financing and venture rounds, empowering African businesses and entrepreneurs.

Finnfund (Finnish Fund for Industrial Cooperation Ltd.)'s Portfolio in Africa

Finnfund (Finnish Fund for Industrial Cooperation Ltd.) has made over 11 notable investments in African startups. Their most recent investment was in Wave Mobile Money, announced on July 7th, 2022.
Finnfund (Finnish Fund for Industrial Cooperation Ltd.)'s Latest news
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Finnfund (Finnish Fund for Industrial Cooperation Ltd.)'s Investment activity in Africa

With over $207.5M invested in African startups, their latest investment was a Debt Financing round in Wave Mobile Money, announced on July 7th, 2022, closing at $91.5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
Kasha Global
KenyaApr 01, 2020$ 1,000,000
Series C
Twiga Foods
KenyaNov 01, 2021$ 50,000,000
Venture
d.light
KenyaMar 14, 2022$ 7,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Finnfund (Finnish Fund for Industrial Cooperation Ltd.)'s Investment Distribution in Africa.

Finnfund (Finnish Fund for Industrial Cooperation Ltd.)'s currently has Startuup investments spread across the following location(s)

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