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HQ office : Lisbon, Portugal
ADDRESS : Av. Casal Ribeiro, n. 14 - 4,
1000-092 Lisboa
WEBSITE : http://www.sofid.pt

SOFIDPortugal

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.), owned by the Portuguese state (59.99%), four large Portuguese banks (each holding 10 %) and ELO - the Portuguese Association for Economic Development and Cooperation (0.01%). 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

Region

Sector

Key Figures

Key numbers (end of 2016)

Investments

€5 million

in new annual commitments to 5 projects

€12 million

in total portfolio of 20 projects

Financial instruments

61% loans

39% guarantees

Investment focus

SOFID if 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.

Staff

12

employees