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Swedfund International, a Swedish government-owned development finance institution, supports sustainable private sector growth in Africa and Latin America. With a focus on Venture and Debt Financing, Swedfund has invested in notable companies like d.light, Apollo Agriculture, and Kasha. Their unique approach combines commercial investment with development impact, driving innovation and social progress.

Swedfund International's Portfolio in Africa

Swedfund International has made over 5 notable investments in African startups. Their most recent investment was in Apollo Agriculture, announced on January 25th, 2024.
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Swedfund International's Investment activity in Africa

With over $68.9M invested in African startups, their latest investment was a Debt Financing round in Apollo Agriculture, announced on January 25th, 2024, closing at $10M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
Kasha
RwandaOct 26, 2020$ 1,000,000
Venture
d.light
KenyaApr 14, 2023$ 1,900,000
Series E
d.light
KenyaDec 18, 2018$ 41,000,000
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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Swedfund International's Investment Distribution in Africa.

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

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