Home » world » Côte d’Ivoire: Norway commits USD 130 million for SME financing

Côte d’Ivoire: Norway commits USD 130 million for SME financing

Kyrre Holm, Deputy Ambassador of Norway to Côte d’Ivoire

Norfund, the Norwegian investment fund for developing countries will support the financing and development of Ivorian small and medium-sized enterprises (SMEs) to the tune of 130 million USD. For 25 years, Norway has been involved in sub-Saharan Africa through an investment fund called Norfund. This fund, dedicated to the private sector in developing countries, supports African SMEs in their growth with long-term financing via two instruments: equity participation and commercial loans. Its priority sectors are agro-food, industry and consumer products, renewable energies, institutions


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