| Date | Title | Description |
| 13.11.2024 | KKR-backed IndiGrid secures $300 mn funding for new green energy platform | BII, IndiGrid and Norfund executives sign the agreement
KKR-backed IndiGrid, a power sector infrastructure investment trust (InvIT), has secured fresh funding from overseas development financiers to set up a new green energy platform in Ind... |
| 25.10.2024 | IndiGrid Q2 PAT up 2.7 times | Power infrastructure investment trust IndiGrid saw its Q2 net profit up 2.7 times at ₹95.6 crore and a 16 per cent rise in revenue at ₹806 crore, while EBITDA rose 31.3 per cent to ₹733.2 crore.
The InvIT will be paying out ₹3.75 per unit i... |
| 04.10.2024 | Норвегия планирует направить 250 млн крон в Norfund для инвестиций в Украину | Министр экономики Юлия Свириденко заявила, что указанные средства помогут снизить риски для компаний, инвестирующих в Украину, в том числе норвежских, а частный капитал – это ключ к обновлению.
Юлия Свириденко добавила, что данное решение н... |
| 11.09.2024 | SeABank's credit rating remained at Ba3 with Stable outlook by Moody's | HANOI, Vietnam, Sept. 11, 2024 /PRNewswire/ -- Moody's Investors Service (Moody's) announced its 2024 assessments of Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB). SeABank's Long-term bank deposit rating remained at ... |
| 21.08.2024 | BII and Norfund Invest in Indigrid's 6 GW Renewable Energy Projects
New terminal to open at Vijayawada Airport before year end
Andhra Pradesh to get seven new airports: Naidu
Phase 3 of Namma Metro to... | POWER & RENEWABLE ENERGY BII and Norfund Invest in Indigrid's 6 GW Renewable Energy Projects
21 Aug 2024 1 Min Read CW Team
British International Investment (BII) and Norfund have committed to investing in Indigrid?s ambitious 6 gigawat... |
| 19.08.2024 | India’s Fourth Partner Energy raised $275 M equity investment from IFC-ADB-DEG consortium | International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG—global impact investors—have announced a $275 million investment in Fourth Partner Energy (FPEL), the top platform for renewable energy solutions in India.
ADB w... |
| 16.08.2024 | KKR-backed IndiGrid teams up with Norfund, UK’s BII for transmission projects | Harsh Shah, CEO, IndiGrid
India Grid Trust (IndiGrid), the infrastructure investment trust (InvIT) backed by private equity firm KKR, has snagged investments from two foreign and one Indian investor for its greenfield interstate transmissio... |
| 15.08.2024 | IndiGrid partners Norwegian Climate Investment Fund, others to develop transmission projects in India | Power sector infrastructure investment trust IndiGrid said on Thursday that it has partnered with British International Investment (BII), Norwegian Climate Investment Fund and Techno Electric and Engineering Company to develop greenfield In... |
| 06.08.2024 | Consortium of new investors backs TPG-owned green player Fourth Partner Energy | (L-R) Vivek Subramanian and Saif Dhorajiwala, founders-directors, Fourth Partner Energy
A consortium comprising three marquee global investors has backed TPG-owned renewable energy major Fourth Partner Energy with an investment of $275 mill... |
| 26.07.2024 | SeABank's Remarkable Growth: A Beacon in Southeast Asia's Banking Landscape | In the bustling financial landscape of Southeast Asia, SeABank stands tall, like a lighthouse guiding ships through turbulent waters. The bank recently unveiled its impressive performance for the first half of 2024, showcasing a robust grow... |
| 23.07.2024 | SeABank reports 1H2024 profit of over US$127.7 million, CASA increased 59% YoY | HANOI, Vietnam, July 23, 2024 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announces its 1H2024 business results with strong and stable growth: Consolidated profit before tax (PBT) of more than US$12... |
| 23.07.2024 | SeABank reports 1H2024 profit of over US$127.7 million, CASA increased 59% YoY | HANOI, Vietnam, July 23, 2024 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announces its 1H2024 business results with strong and stable growth: Consolidated profit before tax (PBT) of more than US$12... |
| 02.07.2024 | Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more | NewsDeals in brief: Jirnexu to acquire MoneyHero’s Malaysian arm, Xurya receives additional USD 55 million, ten China and India deals, and more
Written by KrASIA Writers Jirnexu, Xurya, Longbridge Group, and more led yesterday’s headlines: ... |
| 26.06.2024 | Norfund's Investment in SeABank: A Boost for Vietnam's Economy | Norfund, the Norwegian Investment Fund for Developing Countries, has made a strategic move by granting a US$30 million convertible loan to Southeast Asia Commercial Joint Stock Bank (SeABank) in Vietnam. This investment aims to provide addi... |
| 22.06.2024 | Vietnam’s SeABank receives $30M convertible loan from Norfund | Southeast Asia Commercial Joint Stock Bank (SeABank), located in Vietnam, will receive a $30 million convertible loan from Norfund, the Norwegian Investment Fund for Developing Countries.
The loan can be converted into common shares of SeAB... |
| 20.06.2024 | Norfund grants US$30 million convertible loan to SeABank | HANOI, Vietnam, June 20, 2024 /PRNewswire/ -- Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest US$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) in form of a convert... |
| 15.06.2024 | $38 M raised by Candi Solar to hasten clean energy expansion in South Africa, India | A clean energy startup called Candi Solar, which specializes in solar power solutions for clients in the commercial and industrial (C&I) sector announced that its funding round was successful and that $38 million in equity investment ha... |
| 11.06.2024 | Candi Solar Illuminates the Path to a Sustainable Future with $38 Million Funding Boost | In a world where the sun's rays hold the key to a brighter, cleaner future, Swiss clean energy company candi solar has emerged as a beacon of hope. With a recent infusion of $38 million in a Series C funding round led by Norfund, Kyuden Int... |
| 10.06.2024 | India: Candi Solar raises $38m to fund 200 MW solar projects and expand team | Candi Solar, a solar power solution provider for commercial and industrial clients, has raised $38 million in an equity funding round led by Norfund, Kyuden International, and STOA, the firm said in a statement. |
| 10.06.2024 | Norfund, others invest $38 mn in green energy firm candi solar | Credit: Candi Solar
A consortium led by the Norwegian development finance institution Norfund has led a $38-million investment into Swiss renewable energy company candi solar, which has a significant presence in India.
The Series C funding ... |
| 10.06.2024 | Swiss energy startup candi solar secures $38M Series C funding led by Norfund | Swiss clean energy company candi solar has concluded its Series C funding round, securing $38 million in equity investment led by Norfund, Kyuden International, and STOA.
The company has a portfolio of projects across India and South Africa... |
| 10.06.2024 | Swiss Firm Candi Solar Gets USD 38 Mn for Solar Growth and Strategic Hiring The fresh funding will support the financing of an additional 200 megawatts (MW) of business solar projects and facilitate s... | Swiss clean energy company candi solar has announced that it raised USD 38 million in a Series C funding round led by Norfund, Kyuden International, and STOA.
Fabio Eucalipto, Co-founder and Director at candi solar, said, "Our innovati... |
| 10.04.2024 | OP Finnfund Global Impact Fund I invests in AwanTunai to foster the digitalisation and growth of the MSMEs in Indonesia | OP Finnfund Global Impact Fund I invests in AwanTunai to foster the digitalisation and growth of the MSMEs in Indonesia
Wed, Apr 10, 2024 08:56 CET Report this content
OP Finnfund Global Impact Fund I, the first Finnish global emerging mark... |
| 05.04.2024 | Adenia Partners Closes Oversubscribed Fund at $470M | Adenia Partners, a private equity firm focused on African growth, has successfully closed its fifth fund, Adenia Capital V, at $470 million. The fund attracted commitments from global investors, with 60% coming from existing backers like DE... |
| 03.04.2024 | Adenia Closes Fifth Flagship Fund Oversubscribed at $470M | Share this:
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| 03.04.2024 | Adenia Closes Fifth Flagship Fund, at $470M | Adenia, a Beau Plan, Mauritius-based private equity firm focused on growth opportunities in Africa, closed its fifth fund, Adenia Capital V, at $470M.
AC(V) received commitments from new and existing investors globally. More than half (60%)... |
| 12.03.2024 | AwanTunai Exceeds Series B Target, Raises US$27.5M Led by Norfund, MUIP | - |
| 28.12.2023 | The top 20 agtech deals of 2023 | Disclosure: AgFunderNews’ parent company is AgFunder.
Agtech deals of 2023 followed much the same trajectory as other tech sectors, with lower valuations and far fewer mega-rounds than seen in the VC heyday of 2021 and early 2022.
This year... |
| 02.11.2023 | Funding Societies bags $7.5m in debt from Norwegian investment fund | FintechInvestmentsNews
Jofie Yordan · 2 Nov 2023 · 2 min readFunding Societies bags $7.5m in debt from Norwegian investment fund
Funding Societies co-founder and CEO Kelvin Teo (left) and Norfund regional director of Asia Fay Chetnakarnkul ... |
| 02.11.2023 | Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia | SINGAPORE, Nov. 2, 2023 /PRNewswire/ -- Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, today announced that it has raised US$7.5 million in debt from Norfund, ... |
| 12.10.2023 | The Week in AgriFoodTech: Investors fund agri-waste to energy, more precision fermentation, coffee capsule recycling | The largest round this week went to India’s SAEL, a company converting agricultural waste into renewable energy. Other notable fundraises went to precision fermentation, AI imaging for agriculture, restaurant tech in Latin America, and cult... |
| 29.07.2022 | Norfund x Integra Partners | We are excited to announce that Norfund is now an investor in Integra Partners Fund II! Norfund is the Norwegian Investment Fund for Developing Countries. It is owned by the Norwegian Government and serves as an instrument in Norwegian deve... |
| 21.07.2022 | Norfund joins Norsk Solar and Finnfund as partner in Nordic Impact Cooperation AS, an investment platform for C&I solar projects in high-growth markets | Norfund joins Norsk Solar and Finnfund as partner in Nordic Impact Cooperation AS, an investment platform for C&I solar projects in high-growth markets
Thu, Jul 21, 2022 07:00 CET Report this content
– Stavanger and Oslo: Norsk Solar (“... |
| 22.06.2022 | How Good Nature Agro is layering digital tools to unlock better services for Zambia’s farmers | Zambia is a Southern African country rich in arable land yet only 15% of it is cultivated. Its predominantly rural population is highly dependent on agriculture with around 60% of households participating in agricultural activities and 50% ... |
| 17.03.2022 | The Week in Agrifoodtech: Licious nets $150m, Bear Robotics raises $81m | Licious, an India e-commerce marketplace for meat, scored $150 million in Series F-plus investment this week, while California’s Bear Robotics bagged $81 million for its robot restaurant servers. Over in agtech, Local Bounti snapped up a ri... |
| 16.03.2022 | Q&A: How AgDevCo will use $90m from CDC, others to boost Africa’s mid-size agribusinesses | Directing commercial funding to Africa’s fragmented agricultural sector is complex. For development finance institutions (DFIs), venture capitalists, and private equity firms alike, getting the right matrix has proven challenging.
But AgDev... |
| 01.03.2022 | Norfund to partner with Norsk Solar to meet growing corporate demand for renewable power in Vietnam. | Norfund to partner with Norsk Solar to meet growing corporate demand for renewable power in Vietnam.
Tue, Mar 01, 2022 11:49 CET Report this content
– Stavanger and Oslo. Norfund, the Norwegian Investment Fund for Developing Countries (“Nor... |
| 19.01.2022 | In first Africa investment, Aqua-Spark backs Lake Harvest to spur local farmed fish production | Steep consumer demand for fish across Africa has led to rapid depletion of popular freshwater varieties like tilapia.
James de la Fargue, who heads tilapia farming venture Lake Harvest, recognizes that meeting the demand of the continent’s ... |
| 30.06.2021 | Fourth Partner Energy Raises US$125mn in Latest Round of Equity Funding from NorFund and The Rise Fund | Norfund, the Norwegian Investment Fund for developing countries, to infuse $100 Mn and existing shareholder The Rise Fund to invest an additional $25 Mn in the current round; Funds to be utilized towards business expansion across Indian and... |
| 04.02.2021 | Phatisa Food Fund 2 reaches $143million final close from DFI commitments | A group of leading development finance institutions (DFIs) and impact investors – CDC Group, Norfund, Finnfund, FinDev Canada and BIO – announce an $82 million joint commitment to Phatisa Food Fund 2 (PFF 2 or the Fund), managed by Phatisa.... |
| 14.05.2020 | Cyber-Attack Hits Sovereign Wealth Fund Norfund for $10M | Norfund, a North Sea wealth fund based in Norway, has lost more than $10 million (£8.2 million) in funds after what the company described as an “advance data breach” of its systems.
The hackers supposedly falsified information exchanges, tr... |
| 17.01.2017 | Top African technology news for January 17, 2017 | 10. Genii Games has released an update to its Igbo 101 learning app for kids
The update features an adventure quest to encourage kids to learn by letting them play to acquire a piece of land defined as ‘Ala’. Users have to play through a do... |
| 16.01.2017 | $10.5 Million More for d.light Brings Its Total Off-Grid Solar Funding to Over $40 Million in Four Months | d.light’s work to empower lives through clean, safe and affordable off-grid solar solutions has garnered another $10.5 million in funding. Coming off recent $22.5 million Series D and $7.5 million debt funding rounds, the new investment wil... |
| 16.08.2016 | The latest from Africa’s largest independent power producer | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ... |
| 16.08.2016 | The latest from Africa’s largest independent power producer | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ... |
| 16.08.2016 | The latest from Africa’s largest independent power producer | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ... |
| 18.11.2015 | Norfund picks 25% stake in AIM-listed Myanmar Investments’ microfinance JV | Premium
Myanmar Investments International Limited (MIL), the Myanmar-focused investment company listed on the AIM market of the London Stock Exchange, has announced that the Norwegian Investment Fund (Norfund) has come in as an investor in ... |
| 25.09.2015 | $100m fund launches to catalyse African entrepreneurship, job creation | A fund worth a whopping US$100-million has recently been announced to support nearly 1 000 entrepreneurs in Africa. The second of its kind within the last year or so, the so-called GroFin Small and Growing Businesses (SGB) Fund seeks to cat... |
| 25.09.2015 | $100m fund launches to catalyse African entrepreneurship, job creation | A fund worth a whopping US$100-million has recently been announced to support nearly 1 000 entrepreneurs in Africa. The second of its kind within the last year or so, the so-called GroFin Small and Growing Businesses (SGB) Fund seeks to cat... |
