Swedfund International

Swedfund International AB, established in 1979, is a Swedish government-owned investment firm specializing in high-risk, emerging markets. It provides risk capital, including equity, loans, and expertise, to seed, start-up, and mature companies in Africa, Asia, Latin America, Eastern Europe, and Sweden. Swedfund invests between SEK 5 million and SEK 100 million, seeking a minority stake not exceeding one-third of the total investment. It typically invests in companies that do not manufacture or sell weapons, tobacco, or alcohol, and avoids investing in Swedish businesses of Swedish companies. Swedfund takes a Board seat in its portfolio companies and seeks to exit investments within five to ten years. It does not invest alongside private individuals or co-operatives, provide donations, or engage in sponsorships.

Björn Areskog

Senior Investment Manager

Benoît Bourban

Investment Analyst

Agnes Carlström

Investment Manager

Dahlfors, Håkan

Director of Project Accelerator

Gayk Dzharayan

Investment Manager

Julia Ekberg

Investment Analyst

Anthony Foulgoc

Investment Analyst

Sofia Gedeon

Investment Director Sustainable Enterprises

Helen Hagos

Senior Investment Manager

Junehee Han

Investment Analyst

Jérémie Hoffsaes

Senior Investment Manager

Maria Håkansson

CEO

Sara Jolind

Investment Analyst

Jonas Kolijn

Senior Investment Manager

Jakob Larsson

Senior Investment Manager

Alejandro Navarro

Investment Manager

Jane Niedra

Investment Director, Financial Inclusion

Jane Niedra

Investment Director Financial Inclusion

Gunilla Nilsson

Investment Director, Energy and Climate

Gunilla Nilsson

Investment Director Energy and Climate

Jonas Nilsson

Investment Manager

Audrey Obara

Senior Investment Manager and Head of Regional office, Nairobi

Arvid Raa

Investment Manager

Sofia Ragnhammar

Investment Manager

Johan Selander

CFO

Filip Stubbfält

Investment Analyst

Anton Ståhl

Investment Manager

Sebastian Süllmann

Investment Manager

Elin Thesleff

Investment Manager

Esther Wachira

Associate Senior Investment Manager

Tomas Wadström

Senior Investment Manager

Björn Areskog

Senior Investment Manager

Tomas Wadström

Senior Investment Manager

Past deals in Kenya

Apollo Agriculture

Debt Financing in 2024
Apollo Agriculture, established in 2015, is a Kenyan agtech company with a presence in Nairobi. It specializes in providing smallholder farmers with access to critical farming inputs, financing, and advisory services. The company leverages agronomic machine learning, remote sensing, and mobile technology to assess credit risk and tailor financial and technical assistance to each farmer's unique needs and location. This approach aims to enhance farm yields and profitability in emerging markets, with a focus on Kenya.

Co-operative Bank of Kenya

Debt Financing in 2021
Established in 1965, Co-operative Bank of Kenya offers a range of banking services including corporate and retail banking, investments, and asset management. It operates through three main segments: Retail Banking, Wholesale Banking, and Group Functions.

Kasha

Venture Round in 2020
Kasha is an East Africa based e-commerce platform that provides women's health, personal care and beauty products through a digital retail and last-mile distribution model. The company offers a wide range of products including contraceptives, menstrual care items such as sanitary pads, tampons, menstrual cups and panty liners, as well as body, hair, facial and oral care, beauty products, maternal and newborn health items, family planning supplies, and treatments for non-communicable diseases and HIV/AIDS prevention and treatment. The platform enables confidential orders and delivers health and personal care products to urban and rural customers, addressing last-mile challenges in Rwanda and Kenya. It operates from bases in Kigali, Rwanda, with an additional office in Nairobi, Kenya, serving women across East Africa with convenient private access to essential health products online and through offline distribution channels.

UAP Group

Venture Round in 2012
UAP Group is a pan-African financial services group with interests in insurance, investment management, property development and investments, securities brokerage and financial advisory. The history of the Group can be traced back by over 90 years while recent expansion and growth in the East African market have made UAP one of the key players in the financial services sector in the region. Currently, the group has businesses operating in Kenya, Uganda, South Sudan, Rwanda, DRC and Tanzania.
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