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.
View Top Employees from NorfundWebsite | http://www.norfund.no |
Revenue | $23 million |
Employees | 164 (141 on RocketReach) |
Founded | 1998 |
Address | Klingenberggata 4, Oslo, Oslo 0161, NO |
Phone | (472) 201-9393 |
Technologies |
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Industry | Venture Capital and Private Equity Principals, Finance General, Frontier market investments, Finance, Renewable energy investements, Agricultural investments, Private Equity, Venture capital, Financial Sector Investment |
Keywords | Renewable Energy, Emerging Markets |
Competitors | BIO - the Belgian Investment Company for Developing Countries, CDC Group plc, Development Bank of Southern Africa (DBSA), FMO - Dutch entrepreneurial development bank, Proparco |
SIC | SIC Code 628 Companies, SIC Code 62 Companies |
NAICS | NAICS Code 5239 Companies, NAICS Code 52392 Companies, NAICS Code 523920 Companies, NAICS Code 523 Companies, NAICS Code 52 Companies |
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The Norfund annual revenue was $23 million in 2024.
Sandersen Erik is the Executive Vice President - Head of Financial Institutions investments of Norfund.
141 people are employed at Norfund.
Norfund is based in Oslo, Oslo.
The NAICS codes for Norfund are [5239, 52392, 523920, 523, 52].
The SIC codes for Norfund are [628, 62].