Key facts
- Implementing Partner:
IFU (Investment Fund for Developing Countries)
- Guarantee volume:
up to €72 million
- Global Gateway areas of partnership:
Multisectoral
- Sectors:
MSMEs that meet Green Economy and Inclusive Economy criteria and contribute to four different impact priorities: financial services, green energy and infrastructure, healthcare, and sustainable food systems
- Geographical focus:
Sub-Saharan Africa, Asia, Pacific and the Middle East, and EU Neighbourhood East
- Type of support provided:
Financing, Technical assistance
- Types of investments:
equity investments
- Investment period:
open for investments until October 2027
- Technical assistance:
up to €5 million
Description
The guarantee serves to support creation of the SDG Fund II, an equity fund designed to crowd-in institutional investors to contribute towards the Sustainable Development Goals. The focus of the fund are commercial investments into a MSMEs with an emphasis on the green transition as well as just and inclusive development in Africa, Asia and Latin America. The fund focuses on 13 focus countries including India, Indonesia, Vietnam, Egypt, Kenya, Morocco, Nigeria, Senegal, South Africa, Brazil, Colombia, Mexico and Peru.
SDG II will invest in four sectors: green energy and infrastructure, health, sustainable food systems and financial services. It is expected that 40% of the investments will be in green energy and infrastructure, while health, sustainable food systems and financial services are expected to account for 20% each.
How can businesses and investors get involved?
If you are a business representative or an investor looking to invest in MSMEs in financial services, green energy and infrastructure, healthcare, and sustainable food systems, we recommend getting in touch with IFU.
Contact: ifu
ifu [dot] dk (ifu[at]ifu[dot]dk)
About IFU
Investment Fund for Developing Countries (Investeringsfonden for Udviklingslande) (IFU) is a Development Financial Institution owned by the Government of Denmark. IFU is a self-governing, state-owned fund, whose objective is to promote economic and social development in developing countries. The Fund provides risk capital and advice to companies wanting to do business in parts of Europe, Asia, Latin America, and Africa.