The Industrialisation Fund for Developing Countries (IFU) offers risk capital and advice to businesses investing in developing countries. The aim of IFU is to support the development of businesses in developing countries through investment in these countries together with Danish companies.
IFU offer capital and advice to joint ventures in developing countries. The fund can participate as a share holder, loan-giver or guarantor and as member of the board of management in the project company. As a rule IFU can participate with a maximum 30% of the total project financing, but never with less than the project initiator.
IFU has contact to international and local financial institutions and is able to assist with securing additional sources of funding.
To qualify a project shall be funded partly by a Danish partner and then a close scrutiny of the commercial viability will be undertaken.
Countries where the investment takes place must be found on the OECD DAC list, and the BNI / head of population must not be greater than USD 3.084 (2010).Exceptions to this rule are Botswana, Namibia and South Africa.
IFU has experience from 687 projects in 83 countries.
Read more at: www.ifu.dk