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Norfund
What Does Norfund Do?
Norfund is the Norwegian Investment Fund for developing countries, owned and funded by the Norwegian Government. Established in 1997, its mandate is to support the building of sustainable businesses in poor countries, contributing to economic and social development. Norfund invests in three main sectors: Clean Energy, Financial Institutions, and Scalable Enterprises (including Green Infrastructure and Food & Agribusiness). These investments aim to create jobs, provide access to capital and clean energy, and improve lives. Norfund prioritizes investments in Sub-Saharan Africa, and also operates in selected countries in Southeast Asia and Latin America.
Where Is Norfund's Headquarters?
HQ Function
The Oslo headquarters serves as the central command for Norfund's global operations, including strategic planning, investment oversight, policy development, risk management, and stakeholder engagement.
Notable Features:
Located in a central part of Oslo, the office provides a modern and collaborative environment, facilitating efficient operations and interaction with governmental and international partners.
Work Culture:
Norfund's work culture is mission-driven, characterized by professionalism, a strong ethical compass, and a focus on impact and sustainability. It fosters collaboration among experts in finance, development, and specific industry sectors.
HQ Significance:
The headquarters is vital for aligning Norfund's activities with Norwegian development aid policies, managing its capital (allocated from the state budget), and coordinating its international investment portfolio.
Values Reflected in HQ: The headquarters' operations reflect Norfund's core values: impact-driven investment, responsible and sustainable practices, transparency, and collaboration to achieve development goals.
Location:
Norfund executes its global mission through its Oslo headquarters and strategically located regional offices in Nairobi (Kenya), Cape Town (South Africa), Accra (Ghana), Bangkok (Thailand), and San José (Costa Rica). These offices support a full range of functions including investment origination, due diligence, portfolio management, local stakeholder engagement, impact monitoring, and providing sector-specific expertise to drive sustainable development in their respective regions.
Street Address:
Fridtjof Nansens plass 4
City:
Oslo
State/Province:
Oslo
Country:
Norway
Where Else Does Norfund Operate Around the World?
Nairobi, Kenya
Address: The Address, 4th Floor, Muthangari Drive, Nairobi, Kenya
To deepen Norfund's impact in East Africa by providing local expertise, fostering partnerships, and directly overseeing portfolio companies to ensure sustainable development and job creation.
Cape Town, South Africa
Address: 3rd Floor, The Terraces, 25 Protea Road, Claremont, Cape Town, 7708, South Africa
To leverage local market knowledge and networks for effective investment sourcing, execution, and portfolio management in the Southern African region.
Accra, Ghana
Address: The Atlantic Tower, 7th Floor, Airport City, Accra, Ghana
To strengthen Norfund's presence and investment impact in West Africa, working closely with local partners to foster sustainable enterprises.
Bangkok, Thailand
Address: Unit 1801, 18th floor, Two Pacific Place, 142 Sukhumvit Road, Klongtoey, Bangkok 10110, Thailand
To drive strategic investments in Asia that contribute to the green transition and financial inclusion, supporting Norfund's global development mandate.
San José, Costa Rica
Address: Avenida Escazú, Torre Lexus, Piso 4, San Rafael de Escazú, San José, Costa Rica
To support economic development and environmental sustainability in Central America through targeted investments and active ownership.
Buying Intent Signals for Norfund
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading Norfund? Meet the Executive Team
As of April 2025, Norfund' leadership includes:
Who's Investing in Norfund?
Norfund has been backed by several prominent investors over the years, including:
What Leadership Changes Has Norfund Seen Recently?
Norfund's core C-level executive team has maintained stability. Recent significant leadership appointments, such as Kristoffer Røine (CIO), Ellen Cathrine Rasmussen (EVP Scalable Enterprises), Thomas Fjeld Heltne (EVP Green Infrastructure), and Fride Asskår Stølen (CFO), occurred primarily in late 2022 and early 2023, shaping the current leadership. No major C-level external hires or departures have been prominently announced in the immediate past 12 months (approx. mid-2023 to mid-2024). Leadership evolution typically involves strategic appointments or role adjustments to align with Norfund's mission.
What Technology (Tech Stack) Is Used byNorfund?
Discover the tools Norfund uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Norfund Email Formats and Examples
Norfund likely employs standard corporate email address formats. Common patterns include using the first name initial followed by the last name, or a combination of first name and last name.
A common professional format is `[first_initial][last_name]@norfund.no` (e.g., jdoe@norfund.no) or `[first_name].[last_name]@norfund.no` (e.g., jane.doe@norfund.no).
Format
example.person@norfund.no
Example
80%
Success rate
What's the Latest News About Norfund?
Norfund.no • May 21, 2024
Norfund invests in new fund for green transition in Southeast Asia
Norfund is investing USD 15 million in the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital. The fund will support businesses driving the green transition in Vietnam, Indonesia, and the Philippines by investing in renewable energy, energy efficiency, and electric mobility....more
Norfund.no • March 8, 2024
Norfund invests USD 10 million in an AFAWA-anchored fund to support women entrepreneurs in Africa
Norfund committed USD 10 million to Alitheia IDF Fund (AIF), aiming to empower women entrepreneurs across Africa. This investment, part of the Affirmative Finance Action for Women in Africa (AFAWA) initiative, will support women-led and women-focused businesses, fostering gender equality and economic growth....more
Norfund.no • November 29, 2023
Norfund and partners launch new platform to scale renewable energy in Africa
Norfund, KLP (Norway's largest pension company), and Macquarie Asset Management have launched Empower New Energy II. This platform aims to develop and invest in renewable energy projects across Africa, with a target of mobilizing up to USD 1 billion to accelerate the continent's clean energy transition....more
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