Analysis > Interviews

African Renewables: Norfund’s Experience

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The Norwegian Investment Fund for Developing Countries (Norfund) is the government’s main instrument for combatting poverty through private sector development. Established by the Norwegian Parliament in 1997, Norfund provides risk capital to companies where businesses lack access to sufficient capital to develop and grow. At the end of 2014, the Fund had NOK9bn ($1.12bn) invested in Africa (72% of total investments). Africa Global Funds’ Anna Lyudvig sits down with Mark Davis, Head of Clean Energy Department at Norfund, to discuss why the renewable energy is of particular focus for Norfund.