The Swedish development finance institution, Swedfund, is making an additional investment in African Development Partners (ADP) III to further support the development of the private sector in Africa.

During the autumn of 2019, Swedfund committed $15 million to ADP III which is the successor fund of the earlier Swedfund-backed ADP II. Swedfund has recently reaffirmed its support to ADP III by increasing its commitment by an additional $10 million.

”The Covid-19 pandemic has...