Swedfund is Sweden's state-owned development finance institution established in 1979, with a mission to reduce poverty through sustainable investments in developing countries. Based in Stockholm with regional offices in Nairobi, Abidjan, and Kyiv, Swedfund operates as a development finance institution rather than a traditional venture capital firm, combining private sector investments with public sector support through its Project Accelerator program. Swedfund's investment activity in Africa focuses on sustainable businesses that create jobs and improve access to essential services. The organization invests across multiple stages, from early-stage ventures to debt financing, with demonstrated activity in East and Central Africa. Recent investments include support for agricultural technology and health technology companies, reflecting Swedfund's commitment to sectors that address fundamental development challenges. The organization prioritizes climate mitigation, gender equality, and digital connectivity across its portfolio, working to strengthen local economies while meeting international standards.