MOBILIST Global

MOBILIST was proud to host the launch of the iBoxx LSF USD African Sovereigns Index at the London Stock Exchange, one of our partner exchanges, this morning. The index currently tracks the performance of African Sovereign issuers that reflect the universe of Eurobonds that the LSF accepts as collateral in the framework of repo transactions. “Market indices play a significant role in asset allocation. The adoption of new inclusive indices can allow investors to track the performance of a wider range of assets and support allocation to emerging markets and developing economies where it is most needed,” Louise Walker, Head of Private Sector and Capital Markets Department, Foreign Commonwealth and Development Office, said at the launch. S&P Dow Jones Indices The Liquidity and Sustainability Facility (LSF) Prosper Africa Vera Songwe Randolf Tantzscher David Escoffier British Robinson Cameron Khosrowshahi https://lnkd.in/dfQv2b8m

MOBILIST is in Lagos to deepen our relationships in the Nigerian market. This week, two MOBILIST events in Nigeria’s financial hub brought together stakeholders from across the finance community to discuss opportunities to solve some of the principal barriers to increasing investment in the SDGs via public markets. The events were hosted by the Nigerian Exchange Group (NGX Group) and the British Deputy High Commission in Lagos. This comes after UK Foreign Secretary James Cleverly announced a partnership between MOBILIST and NGX during his visit to Nigeria last year. British Deputy High Commissioner Jonny Baxter, said: “A liquid and well-regulated capital market benefits the entire economy by enabling companies to raise capital to fund their expansion, which in turn helps deliver crucial development, job opportunities and improved incomes. “MOBILIST’s focus on stimulating the creation of innovative listed products can make a unique and impactful contribution to achieving these objectives.” UK in Nigeria Read more: https://lnkd.in/dYqXAnBA

How can public markets contribute to sustainable development in emerging markets and developing economies (EMDEs)? This MOBILIST research report, compiled in collaboration with the Brazilian Stock Exchange (B3) and the Global Infrastructure Hub, considers how public markets can mobilise private capital to close the climate finance gap in Brazil and other EMDEs. It analyses the unique attributes of listed stocks, bonds, funds, and other products that make them well-suited to meeting financing needs in EMDEs and discusses some of the associated risks and mitigants. The report draws on structures and strategies from MOBILIST’s pipeline and portfolio and in the Brazilian public capital markets. Read it here: https://lnkd.in/dtKBKzna

This week, MOBILIST welcomed Bursa Malaysia as the programme’s eighth partner exchange. MOBILIST and Bursa Malaysia signed a memorandum of understanding at a ceremony hosted by the exchange in Kuala Lumpur. The Honourable Nik Nazmi Nik Ahmad, Malaysian Minister of Natural Resources and Environmental Sustainability, and Her Excellency Ailsa Terry CMG, British High Commissioner to Malaysia, witnessed the ceremony. UK in Malaysia The event was also graced by His Royal Highness Prince Hassanal Shah, Crown Prince of Pahang, Malaysia. Read more about the partnership here: https://lnkd.in/guKyBsRn MOBILIST will engage with and accept proposals from Bursa Malaysia’s network of brokers, investment banks and promoters of public offerings. 📢 For more information on the programme’s current investment window, including how to apply and what type of products MOBILIST can support, visit our website: https://lnkd.in/dygqGAVg

A positive step forward towards #sustainable #development. The UK's MOBILIST Global programme is designed to connect promising ventures on critical sustainable projects with investors by enabling #institutional #capitalflow to organisations tackling development challenges and #climate transition. 

MOBILIST is proud to welcome Bursa Malaysia as the programme's newest partner exchange.   Bursa Malaysia and MOBILIST signed a memorandum of understanding at a ceremony at the exchange in Kuala Lumpur this morning.   His Royal Highness Prince Hassanal Shah, Crown Prince of Pahang, Malaysia, attended the ceremony and The Honourable Nik Nazmi Nik Ahmad, Minister of Natural Resources and Environmental Sustainability, and Her Excellency Ailsa Terry CMG, British High Commissioner to Malaysia, shared remarks. UK in Malaysia Terry described MOBILIST as an important initiative to mobilise private finance for climate action and sustainable development, highlighting that the UK has proudly contributed to many initiatives in Malaysia aimed at driving sustainability and inclusive economic growth. Read more on the MOBILIST website: https://lnkd.in/guKyBsRn

MOBILIST recently hosted two events in Sao Paulo to highlight the contribution that public markets can make to closing the SDG financing gap in Brazil. The first event took place at the British Consulate in Sao Paulo. Stephanie Al-Qaq, the UK Ambassador to Brazil, and Lucas Ferraz, the Secretary of International Affairs of the Sao Paulo State Government, attended. UK in Brazil The second was hosted by B3 and focused on sharing learning from MOBILIST’s pipeline and portfolio. The discussion also considered the policy and regulatory enablers required to scale private capital mobilisation through the public markets. Read more about MOBILIST's partnership with B3 here: https://lnkd.in/dZ8Hru9Q UK in Brazil Lion's Head Global Partners Eighteen East Capital Ross Ferguson Christopher Egerton-Warburton Dave Portmann Cesar Sanches

A large and persistent financing gap means that EMDEs cannot come close to meeting the SDGs or addressing their climate finance needs without attracting much greater private-sector investment. For this reason, calls and recommendations for MDB reform by the G20 and others include greater use of instruments more effective at mobilising private capital. MOBILIST’s recently published Research Note explains that guarantees can outperform the average mobilisation ratios of instruments like loans by 5 to 6 times. https://lnkd.in/gQ2-yvRj For example, as illustrated below, The Blended Finance Taskforce found that guarantees can mobilise $1.5 of private capital for every dollar of MDB capital, compared to only 25 cents mobilised by loans. The note also draws on MOBILIST’s recent investment in the Green Guarantee Company, the first specialist guarantor for emerging market climate adaptation and mitigation projects. GGC is expected to realise even higher mobilisation rates of 10x by using guarantees to improve the credit ratings of emerging market assets to investment grade. https://lnkd.in/d9isspig

Guarantees can play a critical role in unlocking private capital at scale, especially in developing countries where risk misperceptions are often acute. MOBILIST's latest Research Note explains how guarantees work, why they remain underutilised, and how development finance actors can contribute to a renewed expansion of guarantees for sustainable development. The note draws on insights from MOBILIST's recent investment in the Green Guarantee Company (GGC), the first specialist guarantor for emerging market climate adaptation and mitigation projects. Read it and other MOBILIST research on our website: https://lnkd.in/gQ2-yvRj

MOBILIST is proud to announce our catalytic participation in the successful listing of Thai Credit Bank Public Company Limited (Thai Credit) on The Stock Exchange of Thailand (SET). Thai Credit celebrated its listing at the exchange this morning after an initial public offering (IPO) supported by the UK’s Foreign, Commonwealth and Development Office (FCDO) through MOBILIST and other key investors, the IFC - International Finance Corporation (IFC) and the Asian Development Bank (ADB). Thai Credit is the only licensed bank in Thailand that focuses on nano-finance, micro-finance, and loans to Micro, Small and Medium Enterprises (MSMEs) and the first financial institution serving this segment to list on the Thai stock market. Mark Gooding, British Ambassador to Thailand, says: “Thai Credit’s listing will enable the bank to expand its lending to businesses and individuals that are underserved by the banking sector, to not only foster financial inclusion but also support economic opportunities and job creation." Read more on MOBILIST's website: https://lnkd.in/ddqE4hMf