Norfund

Norfund is the Norwegian Investment Fund for developing countries, owned and funded by the Government of Norway. It invests to create jobs, improve lives, and support the transition to net zero by providing equity and other risk capital on commercial terms as a responsible minority investor. Norfund is headquartered in Oslo, Norway, and maintains a strong local presence in its core markets. Norfund’s mandate prioritizes developing countries, with a particular focus on Sub Saharan Africa. It invests in four main areas that offer substantial development impact, including renewable energy, financial inclusion, scalable enterprises, and green infrastructure. Within Africa, Norfund’s activity includes Series A investments, as evidenced by its participation in two Series A rounds in Nigeria in April 2025, totaling 40.0 million dollars across OmniBiz and Omni. These investments highlight an interest in logistics and supply chains, as well as e commerce and retail, through support for digital distribution and end to end trade network solutions. Norfund commonly acts as a strategic minority investor and works closely with partners to mobilize private capital and expertise. Its investments are structured to strengthen sustainable businesses in markets where access to long term risk capital is limited, with the objective of generating both financial returns and measurable development effects.