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Norwegian investment fund for developing countries

Creating jobs, improving lives, and supporting the transition to net zero

Norfund's investment areas

Our investments

Norfund’s development mandate aims to create jobs and improve lives, targeting 30 core investment countries, primarily in Sub-Saharan Africa in addition to selected countries in Asia and Latin America. Through the climate mandate, Norfund supports the transition to net zero by investing in 13 core countries in North and Southern Africa, and in South and Southeast Asia. In addition, Norfund has been given a dedicated mandate to help develop sustainable businesses in Ukraine.

See all of our investments

Annual report

Investing in challenging markets is possible—and profitable. Our experience shows that private investors often overestimate risks. Norfund helps bridge this gap, mobilizing capital where it’s needed the most.

Partner with us

Are you looking for an investor? Norfund works as a minority financial investor, and entrepreneurs or industrial investors are in the lead in our projects. We depend on strong, capable partners who share our values and goals. Norfund also relies on good relations and dialogue with several non-investor partners in the international development sector.