The Fund provides risk capital and advice to companies wanting to do business in parts of Europe, Asia, Latin America and Africa.
[2] Investments are made on commercial terms in the form of loans and equity, with the purpose of contribution to economic and social development in the investment countries and support the attainment of the United Nations Sustainable Development Goals.
[5] IFU also maintains regional offices in Africa, Asia, Latin America, Central and Eastern Europe.
IFU was founded in 1967, as an independent government-owned fund offering advisory services and risk capital to companies wishing to do business in developing countries and emerging markets.
In the 2014 to 2019 time period, gross yields on invested share capital averaged in excess of 12 percent annually.
Effective 1 January 2019, Torben Huss is the chief executive officer of Investment Fund for Developing Countries.
[8] In In March 2019, the Investment Fund for Developing Countries (IFU), lent KSh:1.2 billion (approx.
During the next 36 months, IFU has the option to convert a portion or all of the principal into share capital in the bank.