{"id":845,"date":"2021-05-04T11:01:02","date_gmt":"2021-05-04T09:01:02","guid":{"rendered":"https:\/\/norfund.wpenginepowered.com\/annualreport-2020\/?page_id=845"},"modified":"2024-06-18T13:16:26","modified_gmt":"2024-06-18T11:16:26","slug":"scalable-enterprises","status":"publish","type":"page","link":"https:\/\/reports.norfund.no\/annualreport-2023\/development-mandate\/investment-areas\/scalable-enterprises\/","title":{"rendered":"Scalable Enterprises"},"content":{"rendered":"\n

Norfund focuses our direct investments on scalable enterprises in Sub-Saharan Africa, partnering with robust industrial or financial counterparts. Our investment segments include agribusinesses and manufacturing. Growing sustainable scalable enterprises drives industrialization, economic growth and job creation.<\/p>\n\n\n\n

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Key achievements in 2023<\/h2>\n\n\n\n

Scalable Enterprises<\/h3>\n\n\n\n
804<\/div>
MNOK<\/div><\/div>
<\/div><\/div>

committed<\/p><\/div>

9,000<\/div>
new jobs<\/div><\/div>
<\/div><\/div>

created by companies in the agribusiness and manufacturing portfolio*<\/p><\/div>

1.7<\/div>
BNOK<\/div><\/div>
<\/div><\/div>

increase in revenue in the agribusiness and manufacturing portfolio*<\/p><\/div><\/div><\/div>\n\n\n\n

*Excluding EFP<\/sup><\/sub><\/em><\/p>\n\n\n\n

Funds<\/h3>\n\n\n\n
412<\/div>
MNOK<\/div><\/div>
<\/div><\/div>

committed<\/p><\/div>

9,700<\/div>
new jobs<\/div><\/div>
<\/div><\/div>

created by companies in the funds Norfund is invested in*<\/p><\/div>

5.4<\/div>
BNOK<\/div><\/div>
<\/div><\/div>

increase in revenue in the funds Norfund is invested in*<\/p><\/div><\/div><\/div>\n\n\n\n

*Only covering funds within the scalable enterprise portfolio<\/sup><\/sub><\/em><\/p>\n<\/div><\/div>\n\n\n

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