In Africa, growing industrial companies are facing the double challenge of reliable and affordable access to energy and water, whilst managing their environmental impact.
The appetite is strong to lower utilities consumption, secure local energy sources, recycle water and waste. But lack of accessible funding creates a barrier for industrials to develop the right assets and solutions.
With 25 years of experience operating in Africa, Norfund boasts a robust local presence and an extensive portfolio of investments in manufacturing, renewable energy, and financial institutions across the continent. Complementing this expertise, Veolia brings unmatched global experience in providing waste, water, and energy services to the industrial sector, coupled with a long-standing presence in Africa. This powerful combination of local knowledge and industry-leading capabilities positions our partnership to deliver sustainable solutions tailored to the unique needs of the region.
More than
25 years of local impact
Norfund and Veolia together bring over 25 years of experience in Africa,
empowering industries with sustainable infrastructure across energy, water, and waste.
Combining technical and financial expertise, our partnership leverages a strong presence on the continent to address the gap in sustainable resource management.
We aim to develop, finance, build, and operate assets that provide low-carbon footprint solutions, optimized water cycle management, and sustainable waste management practices.
Our investment up to €50 million, offering turnkey solutions and performance-based contracts tailored to resource-intensive sectors such as food and beverage, materials, chemicals, and mining. Through this collaborative effort, we strive to promote environmentally responsible practices and drive positive change in resource utilization.
A one-stop shop sustainable solution
Your challenge
Limited access to reliable energy and water, rising operational costs, and a growing ambition to reduce emissions.
Our solution
Jointly developed, locally anchored projects that include design, construction, operation, and financing—all through a single trusted platform.
Up to €50 million
fully financed, turnkey solutions
from design to operation
Off-balance-sheet
project financing
to protect your capital
Expertise in
water, waste, and energy
tailored to industrial needs
Local footprint
with a global track record
decades of experience in Africa’s most strategic sectors
Why Partner with us?
Unlock more than just funding — unlock strategic, sustainable growth. Our partnership is designed to make Ecological Transformation easier, faster, and more impactful for Africa’s industrial leaders.
Philippe Bourdeaux
Executive SVP Africa, Near & Middle East at Veolia
As a leader in environmental services, Veolia is thrilled to combine our expertise with Norfund’s renowned commitment to invest in sustainable projects that drive development. Together, we are committed to making it easier for African industries to finance their innovative and sustainable environmental projects. This partnership represents a thrilling opportunity to make a lasting impact and pave the way for a greener, more prosperous future in Africa.
Ellen Rasmussen
Executive Vice Present for Scalable Enterprises at Norfund
Norfund is committed to development in Africa, and has a strong focus on supporting industrial development which is crucial to create diversification in the African economies. However, this development cannot happen at the expense of the environment. We are delighted to partner with such a strong player as Veolia to develop waste, water and energy solutions that will ensure that this sector grows in a sustainable way.
Industries we Support
Learn More
About the Partnership
Dive deeper into the strategic alliance between Veolia and Norfund and how it’s designed to accelerate ecological transformation across African industries.
Get the full story behind the partnership and our shared vision for sustainable industrial growth.
Together, let’s take action to combine
a strong commitment to the environment
and the performance of your industrial site.
Learn more how your business can access fully funded solutions,
thanks to this unique partnership between Veolia and Norfund
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