Investment Fund for Developing Countries
The Investment Fund for Developing Countries (IFU) is a self-governing, state-owned development finance institution established by the Danish government in 1967. Its primary objective is to promote economic and social development in developing countries by providing risk capital and advisory services to companies operating in these regions. IFU operates on commercial terms, offering equity investments, loans, and guarantees to financially viable projects that align with sustainable development goals (SDGs). Industries it has a preference for include: diversified/conglomerates, agribusiness, business services, chemicals, consumer discretionary, consumer products (CPG; FMCG), consumer services, energy and utilities, environmental services, financial services, food and beverage, healthcare, healthcare specialist, industrials, IT services, information technology, insurance, manufacturing, medical devices and equipment, oil and gas, pharmaceuticals, renewable energy, and software/internet. Verticals it has a preference for include cleantech. First-time funds may be considered.