Norfund and Swedfund invest in South Sudan's SME sector

13 Jan 2023

European development finance institutions Norfund and Swedfund have announced a $4 million follow-on loan to Kinyeti Venture Capital, a joint venture established in 2012 to provide risk capital to local small and medium enterprises (SMEs) in South Sudan.
Kinyeti is the only provider of USD-denominated risk capital in the country and helps to build the private sector by offering capital to entrepreneurs and growing businesses.
The investment will help Kinyeti to continue to support SMEs in the country amidst political and economic
instability. Kinyeti has invested almost $11 million in 21 companies to date and plans to invest another $10 million over the next four years.

« Back to Member News

@Swedfund invests US$26mn in the African infrastructure fund AIIF4 Read more:

🌐We offer ALL employees from AVCA member organisations a free 7-day trial to #AVCAAcademy to gain knowledge on the…

📢 Missed 31 January 2023? Don't panic - EARLYBIRD HAS BEEN EXTENDED! Secure your place TODAY:…

LAST CHANCE to express your interest in bringing #AVCAAcademy to your organisation 👇 Let us know by voting below;…