Finnfund

Africa's clean energy transition isn't being held back by a lack of capital. It's being held back by a shortage of bankable projects. In an interview with ENN - Energy News Network, Finnfund's Head of Energy and Infrastructure Jussi Tourunen explains: "The challenge is less about capital availability globally, and more about how to channel that capital into viable projects at scale". The fundamentals for investment are strong: growing energy demand, abundant renewable resources, and increasing investor interest. But moving projects from promising ideas to financial close requires stronger project preparation, effective risk-sharing mechanisms, and earlier collaboration across the value chain. That's why Finnfund recently joined the Nordic–Africa Clean Energy & Mobility Cluster to help strengthen the pipeline of investment-ready projects. Read the full interview here: https://lnkd.in/dNVhdzQA #RenewableEnergy #DevelopmentFinance #EnergyTransition

Ukraine's long-term recovery depends not only on reconstruction, but also on attracting sustained private investment. In another article from her interview series with Ukraine Rebuild Newswire, Finnfund's Chief Investment Officer Hanna Loikkanen explains why Ukraine should highlight its business strengths and competitive advantages to attract international investors. Ukraine has strong potential in sectors such as agriculture, forestry, and technology. Showcasing successful businesses and investment stories can help shift perceptions from conflict toward long-term growth opportunities. Read the interview here: https://lnkd.in/dZaTKZGP #ImpactInvesting #RebuildUkraine #Finnfund4Impact

Impact in Action: Investing in climate mitigation and resilience🌳 In 2025, 59% of Finnfund’s new funding was directed to investments that support climate change mitigation, adaptation and resilience. This keeps Finnfund well on track to meet its commitment to make one billion euros worth of new investments in climate finance by 2030. #ClimateFinance #Finnfund4Impact #ImpactInvesting

We continue to explore investment opportunities that can support Ukraine's private sector and long-term reconstruction. In a new interview with Ukraine Rebuild Newswire, Finnfund's Chief Investment Officer Hanna Loikkanen discusses some of the practical challenges development finance institutions face when investing in a wartime environment. One key challenge is valuing equity investments when market conditions are highly uncertain. The interview also explores how development finance institutions are adapting investment structures and working together to help bridge financing gaps for Ukrainian businesses. Read the interview here: https://lnkd.in/dm642sqU #ImpactInvesting #RebuildUkraine #Finnfund4Impact

We are hiring!📣 Finnfund is looking for an Investment Manager to join our Digital Infrastructure and Solutions team for a full-time, permanent position in Helsinki. As part of our dedicated multinational investment team, you will originate, develop, negotiate, and execute new investment opportunities in the Digital Infrastructure and Solutions sector across the Global South. We offer flexible remote working opportunities and promote employees' well-being, work-life balance, and job satisfaction by offering flexible working hours, extensive occupational health care services, and recreational activities. We advance and monitor equality and encourage our employees to carry out continuous learning and professional improvement. Interested? Read more and apply by 4 August: https://lnkd.in/dH-N3Xsh #InvestmentManager #ImpactInvesting #DigitalInfrastructure

Finnfund is investing EUR 15 million equivalent in Azerbaijani manat in Bank Respublika, the largest privately owned bank in Azerbaijan. The senior unsecured loan will support the growth of Bank Respublika’s green financing and lending to micro, small and medium-sized enterprises (MSMEs). 30% of the total financing will be directed to women, making the investment aligned with the 2X Challenge on gender equality. “This investment combines climate action, gender equality and financial inclusion in a highly tangible way. By providing local currency financing to a leading bank focused on MSMEs and green lending, we can help channel funding to underserved segments while supporting Azerbaijan’s transition towards a more diversified and sustainable economy,” said Ulla-Maija Rantapuska, Senior Investment Manager at Finnfund. Read more in the press release: https://lnkd.in/dDYV8D_S #ImpactInvesting #Finnfund4Impact

We are constantly looking for opportunities in Ukraine that align with our investment criteria. Though the main purpose of our investments is to advance the rebuild of Ukraine through profitable and sustainable investments, Finnish companies can also participate in our investments either as providers of goods or services, or as co-owners of a investee company in Ukraine. Ukraine Rebuild Newswire interviewed Finnfund's Chief Investment Officer Hanna Loikkanen and Head of EU & Finnish Partnerships Patrik Bredbacka about our recent experiences. We have learned practical lessons for future investments particularly around due diligence and relationship management in a wartime environment and identified good local partners to help with environmental and social risk due diligence. We have also been able to introduce our investee to 10 Finnish companies that provide relevant goods or services - ranging from laboratory testing to packaging equipment. Read the interview here: https://lnkd.in/dYdkUg2i #ImpactInvesting #RebuildUkraine #Finnfund4Impact

Impact in Action: Strengthening livelihoods through agriculture 🌱 Finnfund’s investments supported 2.9 million farmers of whom 71% were women, according to our latest impact figures. Finnfund invests across the agricultural value chain, particularly in Sub‑Saharan Africa, to improve primary farm production. Increasing productivity sustainably creates jobs and raises the incomes of people dependent on farming. #SustainableAgriculture #ImpactInvesting #DevelopmentFinance

📣 The latest issue of our Finnfund Update newsletter is out, featuring: • EU Finnfund Global Connected Guarantee initiative expands to new regions and energy investments • Finnfund invests in landmark Ecobank Nature Bond to boost sustainable agriculture and biodiversity in Africa Explore these and other recent articles in the Finnfund Update: https://lnkd.in/dtRJSchu #ImpactInvesting  #Finnfund4Impact

Kenya has historically relied heavily on imported medical oxygen. Around 70–75% of supply has been sourced from outside the country, with shipments typically routed through ports in the Gulf region. During the past months, hospitals have reported critical shortages of medical oxygen, affecting patients who require additional oxygen support in acute conditions. That is why it is so great to share the news that Hewatele Limited's new liquid medical oxygen production facility at Tatu City, near Nairobi, has just commenced production this June! “The new facility is capable of producing 20 tonnes of liquid medical oxygen per day. We have production, storage, and distribution in place and will be serving not only Kenya but also across East Africa,” explains CEO Dr. Zulfiqar Wali. The facility will significantly strengthen domestic supply: its capacity is expected to cover approximately 60 percent of Kenya’s demand, marking an important step toward reducing reliance on imports. Read more: https://lnkd.in/da6TcY8i #ImpactInvesting #Finnfund4Impact