The Private Infrastructure Development Group’s Post

The African Development Bank invested $20 million in the African Infrastructure Investment Fund 4 (AIIF4) to boost private sector development and infrastructure across Africa. #OTL #otrovato #ConnectTradeThride #Trading #Orascominvestment #GlobalTradeLeaders #GlobalTrading #BreakingTradingNews #TradingInsights  #tradingatyourfingertips

Seven new MCDF Finance Facility grants for promoting high-quality cross-border #ConnectivityInfrastructure were approved by the #MCDFGoverningCommittee during its meeting in #Samarkand, Uzbekistan on 24 September. The associated projects will be implemented by Asian Infrastructure Investment Bank (AIIB), CAF -banco de desarrollo de América Latina y el Caribe-, and African Development Bank Group, respectively. This brings MCDF’s portfolio to 33 project support grants overall, with a total amount of USD38.3 million. Collectively, it is expected to mobilize USD7.2 billion in connectivity investment across Africa, Asia, and Latin America and the Caribbean. Learn more: https://lnkd.in/g-7mW86c   #MCDFFinanceFacility #ImplementingPartners #ConnectivityforAll

🌍 Excited to share insights from a recent interview with our Chair, Obaid Amrane, on #Africa's #sovereignwealthfunds on CNBC Africa. In the interview, Mr Amrane highlights three key points: 👉Africa's SWFs are diverse, and many of them invest at home to catalyse economic development and crowd in #FDI. Not all SWFs are commodity stabilisation funds! 👉Mr Amrane highlighted the success of IFSWF members NSIA: Nigeria Sovereign Investment Authority and FONSIS - Fonds Souverain du Sénégal in financing #infrastructure projects, #renewableenergy, and supporting #SMEs. 👉African SWFs need help to develop their countries' #investment industry, enhance #governance structures, and align with international investor expectations to maximize their impact in driving #economicgrowth. These issues will be up for discussion at the Africa Sovereign Investors Forum meeting hosted by Mauritius Investment Corporation (MIC) Ltd next month. https://lnkd.in/eF_qb_xm

Acre Impact Capital Secures USD 25 M Commitment from US DFC Acre Impact Capital has secured a USD 25 M commitment from the U.S. International Development Finance Corporation (DFC) for its Export Finance Fund I. This brings the total raised to USD 125 M out of a USD 300 M target. This fund aims to address Africa's critical social and green infrastructure challenges by supporting sustainable development projects that foster long-term economic growth. The fund, which had a USD 100 M first close in April, has attracted commitments from key financial institutions, including Investec, Rand Merchant Bank, Standard Bank, and development finance institutions (DFIs) such as the European Investment Bank and the Private Infrastructure Development Group. FSD Africa Investments, an anchor investor, anticipates that this additional capital will further mobilize resources toward vital infrastructure projects across the continent. Export Finance Fund I’s strategy focuses on unlocking export finance deals by covering the 15% commercial tranche not guaranteed by export credit agencies, which typically back 85% of export transactions. Acre Impact Capital’s 15% tranche has a 5-to-7-year amortization, while the ECA-backed 85% can extend for up to 22 years, providing long-term financial stability. The closed-end, 10-year vehicle targets high single-digit returns without using risk insurance. It is expected to invest in infrastructure projects across sectors like agriculture, water, sanitation, energy, and transport, contributing to the region’s sustainable growth. #AcreImpactCapital #DFC #ExportFinance #Infrastructure #Africa

Private investment will be the source of most of the finance that Africa needs to achieve the Sustainable Development Goals, and the African Development Bank is leveraging its triple-A-rated status to mobilise it.

The African Development Bank Group has made a $10 million equity investment in #Kenya’s Dhamana Guarantee Company, a provider of guarantees supporting sustainable growth enterprises. This follows an anchor investment from the UK-Government-backed Private Infrastructure Development Group through InfraCo Africa.   Solomon Adegbie-Quaynor, African Development Bank vice president for Private Sector, Infrastructure and Industrialization, attended a signing ceremony in Nairobi to finalize the Bank’s investment in Dhamana.   Quaynor stated, “The African Development Bank’s equity investment in Dhamana reinforces the catalytic role and potential of credit enhancement companies in leveraging opportunities for infrastructure financing in local currency. We intend to replicate this business model in appropriate markets across Africa with partners such as the The Private Infrastructure Development Group (PIDG) and others.”   Learn more about the power of strategic partnerships in driving sustainable development and progress towards #SDG2030: https://bit.ly/4dtgF7G  #IndustrialiseAfrica

Four new MCDF Finance Facility grants for promoting high-quality cross-border #ConnectivityInfrastructure were approved by the #MCDFGoverningCommittee during its meeting in Beijing on 24 June. The associated projects will be implemented by Asian Infrastructure Investment Bank (AIIB) and Development Bank of Latin America and the Caribbean (CAF -banco de desarrollo de América Latina y el Caribe-), respectively.   This brings MCDF’s portfolio to 25 project support grants overall, with a total amount of USD34.2 million. Collectively, it is expected to mobilize USD7.1 billion in connectivity investment across Africa, Asia, and Latin America and the Caribbean.   #MCDFFinanceFacility #ImplementingPartners #ConnectivityforAll

ARISE IIP Secures Capital Raise of USD 443 M from FEDA and AFC ARISE IIP, a leading pan-African developer and operator of industrial parks, has successfully raised USD 443 M in capital. This funding includes a USD 300 M investment from Fund for Export Development in Africa (FEDA) the development impact investment arm of Afreximbank It comes alongside an additional USD 143 M from Africa Finance Corporation (AFC). The funding aims to accelerate ARISE IIP's expansion and operational efficiency across its 12-country portfolio and catalyse industrial transformation across Africa. This includes significant markets such as Malawi, Cameroon, Sierra Leone, Benin, Togo, Ivory Coast, Rwanda, Gabon, DRC, Congo, Chad, and Nigeria. The capital injection is expected to strengthen Africa's position in global value chains and enhance intra-African and extra-African trade, job creation, and overall economic growth. By supporting sustainable industrial growth, ARISE IIP aims to drive economic diversification and position Africa as a key player in global trade. With this new investment, ARISE IIP's total equity capital now exceeds USD 1 B, with AFC holding the majority stake, followed by Afreximbank’s FEDA and Equitane as significant shareholders. #ARISEIIP #Africa #Afreximbank #AFC #CapitalRaise #IndustrialGrowth #Investment #EconomicDevelopment

The Caribbean Development Bank was accredited to be an #Implementing Partner of the #MCDFFinanceFacility by the #MCDFGoverningCommittee, in concurrence with the Asian Infrastructure Investment Bank (AIIB), the MCDF Administrator.   CDB will be the sixth Implementing Partner of the MCDF Finance Facility. The other five MCDF Finance Facility Implementing Partners are the African Development Bank Group, Africa Finance Corporation, Asian Infrastructure Investment Bank (AIIB), CAF -banco de desarrollo de América Latina y el Caribe-, and International Fund for Agricultural Development (IFAD). To date, the MCDF Finance Facility has provided 33 approved grants to support cross-border connectivity infrastructure projects, reaching a total amount of USD38.3 million, which is expected to mobilize USD7.2 billion in investment in Africa, Asia, and Latin America and the Caribbean.   Learn more: https://lnkd.in/giZEKtpV   #ConnectivityforAll #CrossBorderConnectivityInfrastructure

Distinction with short term solution from medium term solution. On medium term until 2026 what amount of IDB loans for projects will be available ? What about IDB invest support ? On global multilatéral involvements what about World Bank and IFC ? Are bilatéral financing from China significant eg amount , duration of facilities, interest rates ? On Brasília direct involvement and possible regional funding same questions . Is some type of co financings Brazil -IDB IDB invest envisioned ? What will be specific IDB policies for local population from selva eg rain forest , from « jungle « ? Approximately How many people might be concerned in region or states including Manaus and Para and might benefited of Bank projects ? Any comments on situation at Brazilian- Venezuelan border ? In oil reserves area of Guyana close to Venezuelan border ? Any data on population flow from Brazil to French Guyane ? Best regards Jacques Fabregoule .