Back to funding

Norfund SME Africa

Key Information

Organisation

Norfund

Status

Open

Type

Private Equity

Amount

USD 4,000,000 – 20,000,000

Apply Now Opens on the funder site

Description

Norwegian Investment Fund for developing countries providing growth capital.

Eligibility Criteria

SMEs and financial institutions in SSA with high development impact.

Focus Sectors

Agribusiness, Clean Energy, Financial Institutions

Equity Terms

Equity and senior debt; strict ESG and job creation mandates.

Startups That Could Apply

See all

Union54 Zambia's fintech unicorn story

Hubtel Ghana Ghana's digital commerce pioneer

Expensya Tunisia Tunisian tech success story

Botlhale AI Voice AI for African languages

Ampersand Rwanda African electric moto pioneer

SafeBoda Safer bodas for Kampala

Related News

See all

The eNaira Was Never Going to Work, and Ghana Should Not Repeat Its Mistakes Less than 0.5 percent of Nigerians had used the eNaira by late 2023. By 2025, approximately 13 milli...

Stop Calling Them Neobanks: The Pan-African Retail Bank Has Arrived Kuda is now a nationally licensed Nigerian bank. FairMoney is a licensed microfinance bank with curr...

Why Nigeria's Open Banking Framework Will Underperform Its Promise Nigeria became the first African country to go live with formal open banking on 1 August 2025. The C...

Clean Cooking in Africa 2026: The 900 Million Access Gap and the Slow Transition From Wood to Clean Fuels Approximately 900 million Africans lack access to clean cooking fuels, relying on wood, charcoal, ke...