A Veolia Norfund partnership to green up african industries

In Africa, growing industrial companies are facing the double challenge of reliable and affordable access to energy and water, whilst managing their environmental impact. The appetite is strong to lower utilities consumption, secure local energy sources, recycle water and waste. But lack of accessible funding creates a barrier for industrials to develop the right assets and solutions.

With 25 years of experience operating in Africa, Norfund boasts a robust local presence and an extensive portfolio of investments in manufacturing, renewable energy, and financial institutions across the continent. Complementing this expertise, Veolia brings unmatched global experience in providing waste, water, and energy services to the industrial sector, coupled with a long-standing presence in Africa. This powerful combination of local knowledge and industry-leading capabilities positions our partnership to deliver sustainable solutions tailored to the unique needs of the region.

Combining technical and financial expertise, our partnership leverages a strong presence on the continent to address the gap in sustainable resource management. We aim to develop, finance, build, and operate assets that provide low-carbon footprint solutions, optimized water cycle management, and sustainable waste management practices. 

Our investment range spans from €3 million to €50 million, offering turnkey solutions and performance-based contracts tailored to resource-intensive sectors such as food and beverage, materials, chemicals, and mining. Through this collaborative effort, we strive to promote environmentally responsible practices and drive positive change in resource utilization.