Sub-Saharan Africa

South Africa is the largest economy in Africa, and Mozambique and Zambia are among the fastest growing economies in the world. IFU has completed almost 60 investments in the region.

West Africa 

Major oil finds have been made off the coast of Ghana, and these are expected to have an important impact on the country's economy. Nigeria and other countries in the region also increasingly appear to present attractive investment opportunities to Danish enterprises in areas such as agriculture and food, infrastructure, environment and climate and tourism.

Investments of DKK 8 billion

IFU has completed close to 80 investments in West Africa in partnership with Danish companies such as A.P. Møller-Maersk, Fan Milk, Rezidor, Royal Danish Fish Group, Kosan Crisplant and Bukkehave. The total contracted investment amounts to around DKK 8 billion, of which IFU has provided about DKK 1.2 billion either as equity or loans.

IFU's West African investment team has offered advisory services and invested in several sectors, including manufacturing, infrastructure, agriculture and food, tourism and hotels and restaurants.

East Africa 

East Africa presents attractive business opportunities in a number of sectors, some of which are particularly interesting for Danish companies.

Examples of these are infrastructure, which needs to be developed as the economy develops, and the entire energy sector, which is about to undergo significant expansion, involving among other things renewable energy.

Other sectors include food and agriculture, with Uganda and Tanzania having a great need for investments in all parts of the food production sector from agriculture to processing and distribution of finished goods and production equipment.

Investments in excess of DKK 2 billion

IFU has completed close to 40 investments in East Africa in partnership with Danish enterprises such as Burmeister & Wain Scandinavian Contractor, Grundfos, Rezidor, and DZ Holding. The total contracted investment amounts to almost DKK 2.4 billion, of which IFU has provided more than DKK 400 million either as equity or loans.

IFU's East African investment team has offered advisory services and invested in several sectors, including manufacturing, infrastructure, agriculture, healthcare, textile, tourism and hotels and restaurants.

Southern Africa 

Southern Africa is experiencing growing prosperity. South Africa presents attractive business opportunities in infrastructure and energy, with major investments planned for the coming years.

Zambia is attractive due, among other things, to its large mineral deposits and fertile agricultural land which, combined with a favourable climate, ensures high outputs. Other interesting countries in the region include Mozambique and Angola.

Investments of close to DKK 2.5 billion in southern Africa

IFU has completed almost 60 investments in southern Africa in partnership with Danish companies such as Fibertex, Kristensen Group, FLSmidth, Pandora and Triplenine. The total contracted investment amounts to almost DKK 2.5 billion, of which IFU has provided more than DKK 300 million either as equity or debt.

IFU's South African investment team has offered advisory services and invested in several sectors, including manufacturing, infrastructure, cement, agriculture, healthcare and hotels and restaurants.

Further information

For further information on how we can assist your company, please contact one of our investment managers.

Contact persons
Alex Unsgaard

Alex Unsgaard

Vice President, Sub-Saharan Africa
Tel.: +45 33 63 75 19
Mob.: +45 22 68 75 19
aun@ifu.dk

Hans-Jørgen Nyegaard

Hans-Jørgen Nyegaard

Investment Director
Tel.: +45 33 63 75 25
Mob.: +45 22 68 75 25
hjn@ifu.dk

Henrik Frøsig

Henrik Frøsig

Regional Director, East Africa
Tel.: +254 712 980 553
Mob.: +254 711 480 898
hfr@ifu.dk

Samuel Githinji Wathondu

Samuel Githinji Wathondu

Senior Investment Manager
Tel.: +254 (0) 20 425 3000 Ext. 232
Mob.: +254 722 593 799
sgi@ifu.dk

Johnny Ohgrøn Hansen

Johnny Ohgrøn Hansen

Regional Director, Southern Africa
Tel.: +27 11 467 4070/ 1287
joh@ifu.dk

Henrik Henriksen

Henrik Henriksen

Regional Director, West Africa
Tel.: +45 33 63 75 79
Mob.: +45 21 73 36 93
hhe@ifu.dk

Nana Yaw Kwakye

Nana Yaw Kwakye

Senior Investment Manager
Tel.: +233 (0) 302 253 473/74
Mob.: +233 24 4322 699
nyk@ifu.dk

Seye Bassir

Seye Bassir

Investment Director
Tel.: +45 33 63 75 98
seb@ifu.dk