Africa saw the launch of its latest sovereign wealth fund in the form of Nambia’s more conventional commodity-backed Welwitschia Fund. The fund has an initial injection of N$262 million (US$16 million), but will be boosted by offshore oil resources discovered by TotalEnergies and Shell. It will collect royalties from mineral resources as well as…
News – Glasgow, Johannesburg, Cairo, Lagos, Nairobi, Paris, New York, London, Addis Ababa, Tokyo 10 November 2021 The African Green Infrastructure Investment Bank (AfGIIB) today announced the successful hosting of its Partnerships Dialogue Series: Enabling Institutional Investor-Public Partnerships (IIPP) and Scope 3 Allocations in support of the African Continental Free Trade Area (AfCFTA). This Summit…
The African Green Infrastructure Investment Bank (AfGIIB) has announced its model law on Institutional Investor-Public Partnerships (IIPP) initiative (ML-IIPP). First adapted by the African Unions’ 5 percent institutional infrastructure investment agenda initiative, the ML-IIPP framework will assist emerging and developing countries to derisk and meet their net-zero capital mobilization goals. The ML-IIPP initiative is a…
News – Glasgow, Johannesburg, Cairo, Lagos, Nairobi, Paris, New York, London, Addis Ababa, Tokyo 10 November 2021 The African Green Infrastructure Investment Bank (AfGIIB) today at COP 26, announced its Model Law on Institutional Investor-Public Partnerships (IIPP) initiative (ML-IIPP). This was unveiled at the AfGIIB Partnerships Dialogue Series on the Road to COP 27, that…
You are cordially invited to our next African Green Infrastructure Investment Bank (AfGIIB), Partnerships Dialogue Series, COP 26 Virtual Side Event on: Enabling Institutional Investor-Public Partnerships (IIPP) and Scope 3 Allocations, in support of the African Continental Free Trade Area (AfCFTA), on 10 November 2021, at 3pm-4:30pm CET. The event is a collaboration between the: African Green Infrastructure Investment Bank (AfGIIB)…
MiDA Advisors and Standard Bank Group, in collaboration with Mercer, have published the second edition of the report titled “Infrastructure financing in sub-Saharan Africa: Opportunities and impact for institutional investors”, to present the attractive case for investing in Africa. This report builds upon the 2018 groundbreaking publication by MiDA Advisors and Mercer, Investment in African Infrastructure:…
As the leaders of the World Bank and the International Monetary Fund meet this week, they have a chance to reimagine how the world can use finance to reduce the risks from climate change. For the economies working toward the goal of achieving by 2050 a net-zero world — one where we have removed as…
Investment leaders, representing more than $40 trillion of assets, set out strategic priority areas and initiatives to consider prior to and during the U.N. Climate Change Conference (COP 27), which is scheduled to take place in Africa in 2022. The leaders met during The African Green Infrastructure Investment Bank (AfGIIB) Partnerships Dialogue on Pioneering Asset…
New York, 29 September – African governments can turn trade barriers into accelerators that build back stronger economies and accelerate intra-continental trade. At a high-level side event on the margins of the 76th United Nations General Assembly, the African Continental Free Trade Area (AfCFTA) Secretariat, Africa Investor, and the United Nations Development Programme (UNDP) presented the…
The week of the High-Level Dialogue on Energy (HLDE) Ministerial Thematic Forums wrapped up on 25 June 2021 with Grand Closing messages from the HLDE Secretary-General, UN Under-Secretary-General Liu Zhenmin, and the HLDE Co-Chairs, Achim Steiner, Administrator, UN Development Programme (UNDP), and Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All (SEforALL).Steiner…