Investment Fund For Developing Countries
Investment Fund for Developing Countries, established in 1967, is a Danish asset management firm headquartered in Copenhagen. It provides advisory services and risk capital to support the growth and development of Danish companies, with a focus on promoting green and inclusive societies. Additionally, the firm offers professional advice on investing in developing countries and emerging markets, and acts as the fund manager for other investment vehicles set up in partnership with the Danish state and institutional investors.
Top Stages
Past deals in DRC
Eranove
Venture Round in 2021
Eranove SA is a prominent player in public service management, focusing on electricity and drinking water production in West Africa. The company generates electricity through hydro-electric dams, thermal power stations, and independent electricity production using combustion turbines. It manages the transmission and distribution of electricity, providing customer services through call centers and commercial channels, while also exporting electricity to neighboring countries such as Ghana, Togo, Benin, Burkina Faso, and Mali on behalf of the Ivorian government. In addition to its electricity operations, Eranove is involved in the production and distribution of potable water in Côte d’Ivoire and Senegal, maintaining water treatment facilities and transport networks. The company also addresses sewage and drainage services and supports remote villages with man-powered pumps. Founded in 2003 and based in Paris, Eranove has undergone a name change from Finagestion SA in 2014, reflecting its commitment to providing sustainable access to essential services in the region.
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