PROMOTED: Norfund strengthens footprint in Nigeria to drive sustainable economic growth | TheCable
update on its activities in Nigeria and West Africa. The exclusive forum and luncheon held at Lagos Continental Hotel announced Norfund’s intention to increase investments in Nigeria and the West African region with the aim of driving development through investments in the private sector, and creating jobs.
The fund, which was established by the Norwegian Parliament in 1997, is focused on driving sustainable development with capital in the form of equity, debt and hybrid instruments, and fund investments to businesses and projects with strong developmental impact and commercial returns.
At the core of Norfund’s operations is the mission to create jobs, improve lives, and invest in sustainable businesses. Operating within the framework of the Ministry of Foreign Affairs which we are a part of, we are able to set our strategy, make investment decisions, and remain agile whilst adapting to market opportunities. Africa is the most important region for Norfund. A minimum of 50% of investments we commit to are on the continent because it is the market of the future.
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