Development finance institution
Development Finance Institute Canada (FinDev Canada)
FinDev Canada is Canada's development finance institution (DFI), established in 2018 as a wholly owned subsidiary of Export Development Canada (EDC). Based in Montreal, the institution aims to foster sustainable economic growth in developing countries by providing financing solutions such as loans, equity investments, and guarantees. Its investment strategy focuses on sectors including renewable energy, agriculture, financial services, and infrastructure, with a strong emphasis on promoting gender equality and climate action. FinDev Canada operates primarily in Latin America and the Caribbean, Sub-Saharan Africa, and the Indo-Pacific region.
Investment focus
- Sectors
- Financial servicesAgriculture and foodTechnologyTelecoms and digital infrastructureEnergy and powerSMEsInfrastructureHealthcare
- Stages and strategies
- GrowthFund investmentsPrivate credit
- Instruments
- EquityDebtMezzanine
- Regions
- Eastern Africa, Western Africa, Central Africa, Southern Africa, Sub-Saharan Africa, Americas
Fund commitments
- Phatisa Food Fund 2
- Amethis Fund III
- Climate Investor One Fund (Climate Fund Managers)
- Africa Sustainable Forestry Fund II
- Alitheia IDF Fund
- EcoEnterprises Partners III, LP
- PC Capital Development II
- Pembani Remgro Infrastructure Fund II
- Ninety One Africa Credit Opportunities Fund III
- Darby Latin America Fund IV
- Adenia Capital V L.P.
- GAIA Climate Loan Fund
- Africa Resilience Investment Accelerator (ARIA)
- Phatisa Food Fund 3
- African Development Partners IV
- Lendable MSME Fintech Credit Fund II (LMFCF II)
- BlueOrchard Climate Action Mobilisation Fund
- Central American Small Enterprise Investment Fund IV
- Energy Entrepreneurs Growth Fund (EEGF)
- Creador VI, L.P.
- African Infrastructure Investment Fund 4 (AIIF IV)
- Locfund Next
Selected portfolio and direct investments
- ETC Group Limited
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 31 Jul 2026 | FMO, TDB Group and partners invest USD 600 million in Export Trading Group (ETG) Africa | Private Credit | $600m | Mozambique |
Sources
- Partner Researchers, accessed 14 November 2026
- Partner Researchers, accessed 14 November 2026
- https://www.avca.africa/news-insights/member-news/findev-canada-commits-us-40mn-to-fintech-credit-fund/, www.avca.africa. Accessed 14 November 2026.
- https://www.blueorchard.com/blueorchard-climate-action-mobilisation-fund-reaches-first-close/, www.blueorchard.com. Accessed 14 November 2026.
- https://www.phatisa.com/post/phatisa-food-fund-3-reaches-us-86-million-first-close-and-signs-its-first-investment, www.phatisa.com. Accessed 14 November 2026.
- https://impact-investor.com/lendable-makes-combined-300m-first-close-for-two-blended-finance-funds/, impact-investor.com. Accessed 14 November 2026.
- https://amethis.com/en/amethis-and-edmond-de-rothschild-private-equity-announce-the-final-closing-of-amethis-fund-iii-in-line-with-its-target-at-eur-406m/, amethis.com. Accessed 14 November 2026.
- https://www.findevcanada.ca/sites/default/files/2026-03/2026_006_TDS_Ninety_One_EN.pdf, www.findevcanada.ca. Accessed 14 November 2026.
- https://climatefundmanagers.com/2025/11/03/gaia-climate-loan-fund-achieves-usd-600-million-first-close-to-finance-climate-adaptation-and-mitigation-projects-across-emerging-markets/, climatefundmanagers.com. Accessed 14 November 2026.
- https://www.businesswire.com/news/home/20230130005010/en/Adenia-Partners-Announces-%24300-Million-First-Close-for-Fund-V, www.businesswire.com. Accessed 14 November 2026.
- https://www.findevcanada.ca/en/news/findev-canada-supports-financial-inclusion-and-gender-equality-latin-america-africa-and-asia, www.findevcanada.ca. Accessed 14 November 2026; link checked 15 November 2026.