<![CDATA[Development Today: Business]]>https://developmenttoday.substack.com/s/buisnesshttps://substackcdn.com/image/fetch/$s_!GzbN!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff547b1e7-60c1-4f09-9d92-ca9317161ae8_1244x1244.pngDevelopment Today: Businesshttps://developmenttoday.substack.com/s/buisnessSubstackSat, 16 May 2026 23:38:35 GMT<![CDATA[At the frontier of development finance]]>https://developmenttoday.substack.com/p/at-the-frontier-of-development-financehttps://developmenttoday.substack.com/p/at-the-frontier-of-development-financeTue, 31 Mar 2026 12:14:16 GMTThe Dane Kirstine Damkjær has taken up the position as Chief Investment Officer at Amsterdam-based ILX, which aims to mobilise pension funds to co-invest with development banks like the World Bank and development finance institutions (DFIs). In an interview with Development Today Damkjær and her colleague Sophie Gioanni, explore this frontier of development finance and ILX’s involvement in establishing a new asset class.

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]]><![CDATA[Soul searching at Nordic Development Fund as it looks for new partners]]>https://developmenttoday.substack.com/p/soul-searching-at-nordic-developmenthttps://developmenttoday.substack.com/p/soul-searching-at-nordic-developmentMon, 23 Mar 2026 11:57:02 GMTAmid a massive rollback in global aid, the Helsinki-based Nordic Development Fund (NDF) has launched a new strategy aiming to strengthen its identity and Nordic engagement as it seeks new partners in the region.

Strategic Advisor at NDF Leena Klossner says the fund must keep improving and showing its added value to the Nordic owners (Photo: Tero Ahonen /…

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]]><![CDATA[Crossroads: Norfund’s value now equals an entire aid budget]]>https://developmenttoday.substack.com/p/crossroads-norfunds-value-now-equalshttps://developmenttoday.substack.com/p/crossroads-norfunds-value-now-equalsMon, 23 Feb 2026 16:03:57 GMTNorfund, with profits that have nearly kept pace with the oil fund, now has a total value that roughly equals an entire Norwegian aid budget. Last year, 8 per cent of Norwegian ODA was earmarked as capital for Norfund. Should the fund be considered as aid or is it merely an alternative vehicle for investing the country’s oil fortune?

When Norfund was e…

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