Norfund logoNorfund

Overview Powered by AI

Norfund, Norway's development finance institution, empowers African businesses through equity and debt financing. Notable portfolio companies include Baobab+, Greenlight Planet, and Wave Mobile Money. Norfund's deep local expertise and focus on sustainable impact set it apart in Africa's investment ecosystem.

Norfund's Latest news
Norfund, BII, Finnfund invest $200m in African forestry fund - Reuters.com

Norfund, BII, Finnfund invest $200m in African forestry fund - Reuters

AFRICA: KLP Norfund invests $40m in green energy for business - AFRIK 21

Norfund invests a further $40m in the African C&I market - ESI Africa

Norfund's Investment activity in Africa

With over $468.6M invested in African startups, their latest investment was a Debt Financing round in Greenlight Planet, announced on October 27th, 2021, closing at $75M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series E
d.light
KenyaDec 18, 2018$ 41,000,000
Grant
d.light
KenyaJan 16, 2017$ 5,500,000
Venture
d.light
KenyaOct 22, 2021$ 15,000,000
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

Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Norfund's Investment Distribution in Africa.

Norfund's currently has Startuup investments spread across the following location(s)

Unlock more Data

Access more Data and functionalities with our PRO plan.