Meet our members
HQ office : Lisbon, Portugal
ADDRESS : Av. Casal Ribeiro, n. 14 - 4,
WEBSITE : https://www.sofid.pt
Sociedade para o Financiamento do Desenvolvimento
SOFID – the Portuguese Development Finance Institution – was established in 2007 and joined EDFI the following year. SOFID is a Limited Liability Company (S.A.), 80,54% owned by the Portuguese State through the Treasury, 4,27% owned by Banco BPI, 4,27% owned by Novo Banco, 4,27% owned by Caixa Geral de Depósitos, 4,27% owned by Millennium BCP and 2,37% owned by Corporación Andina de Fomento. Its mission is to contribute to the sustainable development of the countries with less developed economies, linked with the general strategy for Portuguese cooperation and the Official Development Assistance. Portuguese interest is required for SOFID participation.Member's website
Key numbers (end of 2022)
in new annual commitments to 2 projects
in total portfolio of 10 projects
SOFID is geared to act in any developing and emerging country but focuses specifically on the following regions: Africa (Angola, Cape Verde, Guinea-Bissau, Mozambique, St. Tome and Principe, South Africa, Algeria, Morocco and Tunisia), Asia (China, India and East Timor), and the Americas (Brazil and Venezuela).
SOFID is mostly involved in the manufacturing, infrastructure, tourism and financial sectors.
Ministry in charge
Ministry of Finance
Ministry of Foreign Affairs