Finnfund

Finnish Fund for Industrial Cooperation Ltd. (Finnfund) is a development finance company based in Helsinki, Finland, that specializes in providing long-term risk capital for private projects primarily in developing countries and transition economies. Established in 1980, Finnfund focuses on direct investments in small and medium enterprises, offering equity capital, mezzanine financing, and investment loans, typically ranging from EUR 1 million to EUR 10 million. The firm actively seeks to co-invest with Finnish companies and supports ventures utilizing Finnish technology, while also prioritizing projects that generate significant environmental or social benefits. Finnfund strategically avoids investments in sectors such as weapons production, gambling, and activities involving forced or child labor, adhering to strict ethical guidelines. Its investment areas include agribusiness, cleantech, renewable energy, health services, and infrastructure, with a particular interest in countries such as China, Bangladesh, and various African nations. Finnfund aims to contribute to sustainable development by financing projects that align with Finland’s development cooperation objectives.

Jussi Ahonen

Senior Investment Manager

Helena Arlander

Deputy CEO

Arnaud Defrance

Investment Manager

Jaakko Kangasniemi

Managing Director, CEO

Kuutti Kilpeläinen

Investment Manager

Mikko Kuuskoski

Associate Director

Noah Law

Investment Manager

Minnamari Marttila

Director of Administration

Jari Matero

Associate Director

Ari Nironen

Senior Investment Manager

Ilkka Norjamäki

Senior Investment Manager

Markus Pentikäinen

Investment Manager

Markus Pietikäinen

CIO

Johanna Raehalme

Investment Manager

Pasi Rajala

Director of Communications

Ulla-Maija Rantapuska

Investment Manager

Paula Saarinen

Senior Investment Manager

Niklas Simola

Investment Associate

Olli Sinnemaa

CFO

Tuomas Suurpää

Senior Investment Manager

Helena Teppana

Associate Director

Antti Urvas

Associate Director

Past deals in Ghana

Advans Group

Debt Financing in 2021
Advans Group is an international microfinance organization established in August 2005 and headquartered in Luxembourg. As the venture capital investment arm of Horus Development Finance, it specializes in providing equity, loans, and guarantees primarily to microfinance institutions across Africa, the Middle East, and Asia. Advans Group aims to strengthen local businesses, enhance job creation, and improve living standards, thereby promoting private sector-led economic and social development in these regions. One of its subsidiaries, Advans Tunisie, focuses on offering microfinance and credit solutions tailored for retailers, wholesalers, artisans, small industries, services, and small-scale farmers in Tunisia. As a majority shareholder in its investments, Advans Group typically assumes a lead role in the microfinance institutions it supports.

Access Bank

Post in 2019
Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union money transfer services.