DFIs and Development Impact: an evaluation of Swedfund

Swedens Development Finance Institution Swedfund was established in 1979. Swedfund’s mandate is to invest in poor countries, through equity acquisitions in individual companies, through funds or through lending. The overarching objective is the same as the objective for Sweden’s international aid to create preconditions for better living conditions for people living in poverty and under oppression. This evaluation focuses on finding an as good as possible answer to the question: Have the investments undertaken by Swedfund contributed to poverty reduction and, if so, to what extent, and how?

Authors: Stephen Spratt, Peter O’Flynn and Justin Flynn at the Institute of Development Studies (IDS).