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Nafasi Water Technologies|Norfund|Norway|South Africa|Desalination|Development Finance|Wastewater Treatment|Water|Competition Tribunal|Ministry Of Foreign Affairs
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nafasi-water-technologies|norfund|norway|south-africa|desalination|development-finance|wastewater-treatment|water|competition-tribunal|ministry-of-foreign-affairs

Competition Tribunal greenlights Norfund, Nafasi transaction

19th May 2026

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

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The Competition Tribunal has unconditionally approved the Norwegian Investment Fund for Developing Countries’ (Norfund’s) acquisition of a minority interest in South African water company Nafasi Water Technologies.

Through this shareholding, Norfund, a Norwegian State-owned development finance institution controlled by the Ministry of Foreign Affairs on behalf of the Norwegian government, will acquire minority shareholder protections that amount to control.

Norfund’s mandate is to support sustainable business development in developing countries, as a means of promoting economic growth and reducing poverty.

It focuses its investments on clean energy, financial inclusion, green infrastructure, including water, waste and digital, and scalable enterprises.

Privately-owned Nafasi provides integrated water and wastewater treatment services across the full project lifecycle, including project development, financing, design, engineering, construction, operations and maintenance.

Its activities focus on water reclamation and desalination technologies for industrial and wastewater systems, ensuring that industries, municipalities and communities have sustainable and reliable access to water.

Edited by Creamer Media Reporter

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