Swedfund signs EUR 10m investment in Addax Bioenergy, Sierra Leone

Swedfund is backing the largest private sector agriculture investment in Sierra LeoneWith the Addax & Oryx Group (AOG), Swedfund is creating the largest private sector agriculture investment in Sierra Leone, helping meet a major objective of the Government of Sierra Leone and delivering significant development effects. Swedfund, Sweden’s Development Finance Institution (DFI), has committed EUR 10m to Addax Bioenergy Sierra Leone (Addax). The total investment, which achieved financial close on 20 December, is EUR 267m. The investment is made by AOG, a leading player in the energy industry