British International Investment

Our Managing Director and General Counsel, Colin Buckley, recently spoke to Uxolo Development Finance about our commitment to long-term investment in Africa. Click the link in the post below to watch the full interview 📹 ⬇  

New technologies are key to supporting a just energy transition. One such innovation is the production of green hydrogen. Egypt has the potential to be a global leader in renewable energy generation and green hydrogen production so we’re pleased to provide project finance to Scatec ASA’s landmark Green Hydrogen project. It is our first investment in a green hydrogen project and one that will support a green and sustainable future for the country. Find out more in the post below ⬇

Remittance costs in sub-Saharan Africa are the highest in the world. Which reduces capital flow into the continent. One company looking to address this issue is TerraPay, a global cross-border payments processor. It’s aiming to increase the availability of lower-cost, efficient, accessible and reliable remittances. We’ve committed $20 million to TerraPay to support an increased volume of remittance transactions into Africa, build financial resilience, and enhance financial inclusion. Our funding will prioritise key African corridors, with high volumes expected in Kenya, Ghana, Egypt, Uganda, Tanzania, Cameroon, Mali, Benin, Cote d’Ivoire, Senegal and Mozambique. Christopher Chijiutomi, Ndaba Mpofu, John Kelting, Stephen Priestley, Seema Dhanani, CFA, Kwabena Asante-Poku Jnr, CFA, Thomas Girod, Abhishek Kulshrestha, FRM, Alex Manolopoulos, Joshua Bell, Alma Agustí Strid, Charles Hare, Wessel V., 'Banji Jackson-Oke, Varun Sharma, Daniel Neale, Katharine Tengtio, Matthew North

We’re looking forward to many of you joining us next week for our 2023 Annual Review launch event! 📅 🕤 Wednesday 17 July | 9:30am – 11:45am 📅 🕤 This is your chance to hear our Chair, Diana Layfield, and Chief Executive, Nick O'Donohoe, reflect on the previous year’s milestones, successes and challenges. You'll also get to hear from our partners across Africa and Asia, across two panel discussions, that will explore how our investments are having a positive impact on people and the planet. Register your place for the event here: https://lnkd.in/dhEtthpE

Our Managing Director and Head of Africa, Christopher Chijiutomi, was a guest on a recent AVCA - The African Private Capital Association podcast 🎙. In this discussion, Chris delves into: 🌱 How BII is helping to advance sustainable investment strategies across Africa. 📱 Where we’re seeing opportunities for investment - including climate finance and digital and financial inclusion. 💵 How we’re helping to mobilise capital at scale to help solve the biggest development challenges in Africa. Link to full podcast in the post below 🎧 ⬇

One of the ways we support our portfolio is by providing guidance to improve companies’ and investors’ understanding of global regulations and how to apply them in an emerging economies context. The Sustainable Finance Disclosure Regulation (SFDR) was introduced by the European Commission, to improve transparency, reduce greenwashing and direct capital towards more sustainable investment. Our latest guidance - produced in partnership with international law firm Akin Gump Strauss Hauer & Feld LLP, FMO - Dutch entrepreneurial development bank, and the Joint Impact Model Foundation - helps fund managers in emerging economies better understand what SFDR means for them. Read and download the guidance below 📖 ⬇.

📅 🕤 Join us on Wednesday 17 July for a special event to mark the publication of our 2023 Annual Review: Creating impact together.   Hear our Chair, Diana Layfield and Chief Executive, Nick O'Donohoe's reflections on the previous year’s milestones, successes and challenges. They'll also be joined by some of our partners for two panel sessions, discussing how our investments are having a positive impact on people and the planet.   Panel 1: Impact on people - partnerships to support those most in need. With speakers:   - Deep Karki, Director, Invest for Impact Nepal - Dr Snowy Khoza, Non-Executive Director, Gridworks Development Partners - Jules Ndambu, FRM, Principal, Financial Services, The Africa Resilience Investment Accelerator (ARIA) - Moderator: Colin Buckley, Managing Director and General Counsel, British International Investment   Panel 2: Impact on the planet - partnerships to support climate innovation. With speakers:   - Samir Ibrahim, Chief Executive Officer, SunCulture - Yida Kemoli, Managing Director, Africa, New Forests - Moderator: Maria Smith, Chief Impact Officer, British International Investment   Use the link in the comments to register your place for this exclusive online event!

We were proud to participate in this year’s London Climate Action Week. We partnered with the Adaptation & Resilience Investors Collaborative to host two events on climate adaptation and resilience in emerging economies – countries which are disproportionately impacted by the climate emergency. Our discussions focused on potential investor opportunities that can enable climate adaptation of vulnerable sectors and communities. They also explored how investors can manage physical climate risks for resilient investment. Thank you to our hosts and guest speakers across both events - Remco Fischer, Amal-Lee Amin, Amit Prothi, Jessica Franks, Jagjeet Sareen, Marco Serena, Chirantan Patnaik, Nick O'Donohoe, Hossam Allam, Jess Ayers, Charissa Bosma and Lori Kerr. As well as all our attendees on the day. Links to watch recordings of both events are available in the comments 🎥 🖥 ⬇   We also partnered with FMO - Dutch entrepreneurial development bank to launch our new Climate Investment Playbook as guidance for venture capital and private equity investors who are new to climate investing. From working with our own portfolio, we know that often investors have the appetite to step up their climate finance commitments but need clarity on how to get started. The new guidance helps address that challenge. The playbook is available now, click the link in the comments to download it ⬇ Tatwin Owen Edmunds, Dr. Chiara Trabacchi, Ethan Harradine, Esin Yilmaz, Vedantika Bhagat, Ian P. Milborrow, Ludo Findlay

The latest episode of our IMPACT = Podcast is out now! In this episode, we talk to Manfred Schepers, the founder and CEO of ILX, about finding suitable ways for pension funds to invest in emerging economies. Manfred believes one way to do this is by committing capital alongside development finance institutions, given their track record and experience of investing in some of the least developed markets in the world. 🎧 Listen to the full episode here: https://lnkd.in/e6nUxs-6

We’re pleased to announce our support of Xurya Daya Indonesia, a pioneering rooftop solar business in Indonesia. It is our first equity investment in Indonesia under our 2022-2026 investment strategy and will support a greener and more climate-resilient future for the country.