Meet our members
HQ office : Bern, Switzerland
ADDRESS : Bubenbergplatz 11,
WEBSITE : http://www.sifem.ch
Swiss Investment Fund for Emerging Markets
SIFEM – the Swiss Development Finance Institution – was established in 2005 and joined EDFI the same year. It took over the investment portfolio of SECO (State Secretariat for Economic Affairs), which had been built up since the late 1990s. SIFEM is a Limited Liability Company (S.A.), wholly owned by the Swiss government. The shareholder rights are exercised by the Federal Council, and SECO remains in close contact with SIFEM supervisory board and Obviam, the fund management company. The task of SIFEM is to promote long-term, sustainable and broad-based growth in developing and emerging countries.Member's website
Key numbers (end of 2016)
in new annual commitments to 7 projects
in total portfolio of 89 projects
in investment funds
equity and quasi equity
SIFEM focuses exclusively on developing and emerging countries, which include the countries whose GNI per capita is below a set threshold ($7,175 per capita as of 2015) as defined by the International Bank for Reconstruction and Development.
SIFEM invests in the sectors of manufacturing industry, transport, storage, communication, wholesale and retail trade, production of renewable energies, health and education.