InvestmentCountryInvestment yearSectorInstrumentOwnership shareDomicileCommitted (MNOK)
AriseRegional2016BankingEquity33%Netherlands2841.6
NorFinanceRegional2013BankingEquity50%Norway507.5
EcobankRegional2021BankingLoans 0%Togo406.9
LAADRegional2004Non-Bank Financial InstitutionLoans0%Netherlands Antilles366.2
AmretCambodia2013MicrofinanceLoans0%Cambodia305.2
Yoma Bank LimitedMyanmar2019BankingEquity11%Myanmar295.0
AfricInvest Financial Inclusion Vehicle (FIVE)Regional2018Non-Bank Financial InstitutionEquity20%Mauritius278.8
Mutual Trust Bank LimitedBangladesh2019BankingLoans Equity10%Bangladesh226.0
Abler Nordic Fund IVGlobal2018MicrofinanceFunds25%Norway216.0
Banco Ficohsa HondurasHonduras2012BankingLoans0%Honduras203.4
CIFI Sustainable FundRegional2023Infrastructure fundFunds32%Canada212.1
BAC El SalvadorEl Salvador2023BankingLoans0%El Salvador203.4
City Bank LimitedBangladesh2023BankingLoans0%Bangladesh203.4
ProdubancoEcuador2023BankingLoans0%Ecuador203.4
Vietnam Prosperity Joint Stock Commercial BankVietnam2023BankingLoans0%Vietnam203.4
Banco BDIDominican Republic2022BankingEquity20%Dominican Republic184.3
LAFISENicaragua2014BankingLoans0%Nicaragua183.1
Access Bank GhanaGhana2022BankingLoans0%Ghana180.8
Banco CuscatlanEl Salvador2022BankingLoans0%El Salvador178.0
Banco Promerica El SalvadorEl Salvador2015BankingLoans0%El Salvador172.9
Banco Promerica Costa RicaCosta Rica2018BankingLoans0%Costa Rica167.8
The Co-operative Bank of KenyaKenya2022BankingLoans0%Kenya162.8
CRDB – AfDB CRPTanzania2022BankingLoans0%Tanzania152.6
Equity BankRegional2019BankingLoans0%Kenya152.6
Banco AtlantidaHonduras2022BankingLoans0%Honduras136.3
Wave Mobile MoneyRegional2022FintechLoans0%Senegal134.9
Hattha BankCambodia2007BankingLoans0%Cambodia162.8
Banco Promerica GuatemalaGuatemala2016BankingLoans0%Guatemala133.5
Abler Fund IIIGlobal2013MicrofinanceFunds26%Norway139.0
SathapanaCambodia2008BankingLoans0%Cambodia122.1
Quona Inclusion Fund IIIGlobal2021FintechFunds5%Cayman Islands130.4
National Development BankSri Lanka2021BankingEquity10%Sri Lanka120.6
CRDB Bank DRCCongo, Dem Rep Of2022BankingEquity23%Congo, Dem Rep Of120.1
Banco BDFNicaragua2017BankingLoans0%Nicaragua114.4
FedecreditoEl Salvador2016MicrofinanceLoans0%El Salvador106.8
CIFIRegional2004Non-Bank Financial InstitutionEquity34%Panama116.2
First National BankGhana2020BankingLoans0%Ghana106.8
FinsocialColombia2022MicrofinanceLoans0%Colombia102.4
Banco Ficohsa NicaraguaRegional2022BankingLoans0%Nicaragua101.7
FCMBNigeria2019BankingLoans0%Nigeria101.7
Banco Multiple AdemiDominican Republic2023BankingLoans0%Dominican Republic99.7
KREDIT PLUSColombia2023Other financial servicesLoans0%Colombia95.3
Evolution CreditSouth Africa2009Non-Bank Financial InstitutionEquity 12%South Africa93.3
Bayport ZambiaZambia2023MicrofinanceLoans–Zambia95.2
LOCFUND NEXTRegional2020MicrofinanceFunds29%Canada93.0
MI BANCOEl Salvador2022BankingLoans0%El Salvador89.0
Accion Quona Inclusion FundGlobal2019FintechFunds5%Cayman Islands84.4
Integra Partners Fund IIRegional2022Fintech fundFunds10%Singapore82.6
Funding SocietiesIndonesia2023FintechLoans0%Singapore76.3
Softlogic LifeSri Lanka2020Non-Bank Financial InstitutionLoans 0%Sri Lanka76.3
ARRENDRegional2015Non-Bank Financial InstitutionLoans Equity 22%Guatemala70.6
Bayport MozambiqueMozambique2022MicrofinanceLoans 0%Mozambique68.6
DesyfinCosta Rica2011Non-Bank Financial InstitutionLoans Equity 23%Costa Rica67.3
Banco BCTCosta Rica2019BankingLoans 0%Costa Rica59.3
NorsadRegional2011Non-Bank Financial InstitutionEquity14%Botswana56.8
FDLNicaragua2013MicrofinanceLoans Equity 13%Nicaragua53.6
Abler Frontier FundGlobal2008MicrofinanceFunds 45%Norway39.8
Abler Nordic ASGlobal2008MicrofinanceEquity 33%Norway24.2
Advans MFIMyanmar2015MicrofinanceLoans Equity 40%Myanmar58.1
OptimaEl Salvador2019MicrofinanceEquity 37%El Salvador30.4
Abler Nordic GP IV ASGlobal2018MicrofinanceEquity 20%Norway24.0
AmarthaIndonesia2021MicrofinanceLoans 0%Indonesia23.2
Abler Global FundGlobal2008MicrofinanceFunds 45%Norway15.9
NMBZZimbabwe2013BankingLoans 0%Zimbabwe12.0
Bina ArthaIndonesia2021MicrofinanceLoans 0%Indonesia18.8
Abler Norwegian ASGlobal2008MicrofinanceEquity 50%Norway10.0
AfriCap MicrofinanceRegional2007MicrofinanceFunds 7%Mauritius9.4
Lula LendSouth Africa2021FintechLoans 0%South Africa17.9
Myanmar FinanceMyanmar2015MicrofinanceEquity 25%Myanmar16.7
Kandeo Fund 3 DebtRegional2021Non-Bank Financial InstitutionFunds 8%Canada5.2
First FinanceCambodia2013MicrofinanceLoans 0%Cambodia3.8