Company Building LogoNordic Microfinance Initiative
Overview

Nordic Microfinance Initiative's Portfolio in Africa

Nordic Microfinance Initiative has made over 1 notable investments in African startups. Their most recent investment was in Tugende, announced on December 20th, 2021.
Nordic Microfinance Initiative's Latest news
SEWA Affiliate Sitara Raises $20m in Equity from Nordic Microfinance Initiative, Women’s World Banking, Ongoing Shareholders to Improve Housing Conditions for Women in India - MicroCapital - MicroCapital

MICROCAPITAL BRIEF: SEWA Affiliate Sitara Raises $20m in Equity from Nordic Microfinance Initiative, Women's World Banking, Ongoing Shareholders to Improve Housing Conditions for Women in India - MicroCapital

LOLC Cambodia Borrows $7m from Nordic Microfinance Initiative to Expand Financial Access in Rural Cambodia - MicroCapital - MicroCapital

MICROCAPITAL BRIEF: LOLC Cambodia Borrows $7m from Nordic Microfinance Initiative to Expand Financial Access in Rural Cambodia - MicroCapital

Nordic Microfinance Initiative's Investment activity in Africa

With over $17M invested in African startups, their latest investment was a Debt Financing round in Tugende, announced on December 20th, 2021, closing at $17M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Debt Financing
Tugende
UgandaDec 20, 2021$ 17,000,000
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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Nordic Microfinance Initiative's Investment Distribution in Africa.

Nordic Microfinance Initiative's currently has Startuup investments spread across the following location(s)

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